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Showing 61 - 70 of 210 results for "Tranche 2"

Gurner, Qualitas close second BTR fund

CHLOE WALKER  |  WEDNESDAY, 22 FEB 2023
The GQ multifamily build to rent platform (GQ) owned by multi-billion-dollar developer Gurner and Qualitas have announced a further build-to-rent (BTR) capital raise with another $2 billion for future growth, following the close of their second fund ...

Sentinel, PGGM build-to-rent down under

CHLOE WALKER  |  THURSDAY, 25 AUG 2022
The international developer is partnering with Dutch pension fund manager PGGM to develop and manage up to $1.5 billion in build-to-rent communities. Already, the pair have a long-standing relationship in the United States, and now aim to deliver over ...

ASIC shuts down unlicensed investment scheme

KARREN VERGARA  |  THURSDAY, 4 NOV 2021
An unlicensed financial services firm that allegedly misappropriated $5.7 million from self-managed superannuation fund members is in the process of being shut down by ASIC. ASIC obtained interim orders and injunctions from the Queensland Federal Court ...

BT Panorama completes migration

ANNABELLE DICKSON  |  THURSDAY, 8 JUL 2021
BT Panorama has completed the migration of its BT Wrap clients, bringing its total funds under administration to over $100 billion. The final tranche of nearly 50,000 accounts worth over $15 billion in funds under administration have migrated to BT ...

Westpac to face court over insider trading

JAMIE WILLIAMSON  |  WEDNESDAY, 5 MAY 2021
ASIC has commenced civil proceedings against Westpac for insider trading on a $12 billion deal with AustralianSuper and a group of IFM entities. Westpac will face off against the regulator in the Federal Court on allegations of insider trading, unconscionable ...

Local fund manager expands in Asia

KANIKA SOOD  |  THURSDAY, 11 MAR 2021
Auctus Asset Management (AVC) will buy an initial 9.9% stake in Asia-based private market investment manager Odyssey Group. Odyssey has about US$180 million in gross assets under management and advice, 25 staff and operations in both Singapore and Hong ...

APRA releases final ERS figures

ELIZA BAVIN  |  MONDAY, 8 FEB 2021
APRA has revealed the final figures representing the impact of the government's early release of super scheme which saw 3.5 million Australians dip into their retirement savings. Over the duration of the scheme, $37.3 billion was removed from the superannuation ...

Rest GM to head BT platforms

ELIZABETH MCARTHUR  |  THURSDAY, 4 FEB 2021
BT has appointed a former Rest executive as head of platforms after Dina Kotsopoulos' departure in September last year. Kieran Varcoe will step into the role, joining BT from $55 billion industry fund Rest where he was general manager of administration ...

Charter Hall, Allianz Real Estate acquire assets

ANNABELLE DICKSON  |  MONDAY, 7 DEC 2020
Charter Hall Group has expanded its 50/50 joint venture with Allianz Real Estate with the acquisition of distribution centres. The Charter Hall Prime Industrial Fund and Allianz Real Estate have paid $281.5 million for two ALDI distribution centres ...

Australians drain $35bn from super

ELIZA BAVIN  |  MONDAY, 16 NOV 2020
Around $35 billion has been removed from Australians retirement savings as the governments' early release of super (ERS) scheme edges towards its close. Having opened in April this year in response to the immediate effects of the COVID-19 lockdown ...