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Showing 801 - 810 of 4888 results for "Debt"

Disgraced former fund manager chief declared bankrupt

JAMIE WILLIAMSON  |  TUESDAY, 21 DEC 2021
... $300,000. The Federal Court made the order against Michael Christodoulou King based on the unpaid penalty even though such a debt is not one provable in bankruptcy, ASIC said. Justice Kylie Downes decided to bankrupt King as he owes provable debts of ...

ISPT takes stake in property fund manager

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... firm and at the time, executed more than 70 advisory mandates across mergers and acquisitions, equity capital markets and debt advisory. As part of the deal, it also upped its stake in $730 million FSREC and the Fort Street Real Estate Services (FSRES) ...

IFM, Citi pour $300m into Household Capital

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
... retirement funder Household Capital has secured $300 million in financing from IFM Investors and Citi. The securitisation debt facility will allow Household Capital to meet what it has identified as an increasing demand from retired Australian homeowners ...

Jameson Capital hires investment director

JAMIE WILLIAMSON  |  THURSDAY, 16 DEC 2021
... director, hiring from Wingate. Rupert Blunden joined Jameson Capital last month following almost six years at Wingate in private debt, equity, and structured finance. He brings more than 12 years' experience in real estate debt and equity markets ...

PIMCO revives local LIT plans

JAMIE WILLIAMSON  |  TUESDAY, 14 DEC 2021
... investment opportunities across the fixed income landscape. The listed structure allows the trust to target less-accessible debt opportunities not typically available in unlisted investment structures, PIMCO said. Head of Australia and co-head of Asia ...

CFS launches low cost geared index options

CHLOE WALKER  |  TUESDAY, 14 DEC 2021
... which are typically lower than the rates charged on margin loans to individual investors. "As the geared index options manage debt internally, investors don't need to worry about margin lending applications or margin calls," Quirk said. "There is no ...

Economic recap: Week to December 10

BENJAMIN ONG  |  MONDAY, 13 DEC 2021
... China's slowdown. No one was talking (concerned) about Evergrande's - China's second biggest property developer - debt problems. Not even the Fed. In his press conference, chairman Jerome Powell intimated that: "In terms of the implications ...

Partners Wealth Group launches Partners Private

ELIZABETH MCARTHUR  |  TUESDAY, 7 DEC 2021
... institutional grade investment opportunities." Partners Private will focus on unlisted opportunities in property, private equity, and debt. Chief investment officer Graeme Bibby added that the firms aim to be able to offer clients assured quality in ...

Magellan chief executive resigns

ELIZABETH MCARTHUR  |  TUESDAY, 7 DEC 2021
... headhunted to join Credit Suisse, which at the time was focusing on derivatives. Finally, Cairns rose to head Merrill Lynch's debt capital markets in Australia during an eight-year stint before joining Babcock & Brown. His introduction to Magellan ...

Blackstone invests $925m for stake in Grosvenor Place

CHLOE WALKER  |  MONDAY, 6 DEC 2021
... Canada Pension Plan Investment Board (12.5%). Dexus said it would use part of its proceeds ($694m) from the sale to repay debt. The 50% stake in Grosvenor Place initially came to market in 2020, and in November that year, Dexus announced that China Investment ...