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Showing 861 - 870 of 1725 results for "Venture"

Centrepoint growing wealth business

KARREN VERGARA  |  MONDAY, 27 FEB 2017
December half-year results for financial advice group Centrepoint Alliance were buoyed by the performance of its wealth division and the sale of its premium funding business. The ASX-listed company's wealth segment reported a 29% EBITDA increase on ...

Aussie fintech maintains strength

EMMA RAPAPORT  |  FRIDAY, 24 FEB 2017
... Australia reached $626 million across 25 deals in 2016, a major increase on 2015 which saw $185 million across 23 deals. Venture capital investment in fintech also stayed at healthy levels, with $71million invested across 15 deals. This was however a ...

Penklis returns with $275m private equity fund

ALEX BURKE  |  MONDAY, 20 FEB 2017
... all of whom were veteran directors at CHAMP Ventures. Banks was also recently chair of the Australian Private Equity and Venture Capital Association. Penklis said: "The formation of Odyssey was driven by a number of factors. The timing was right for ...

Australian Ethical aiding tech VC sector

JAMIE WILLIAMSON  |  TUESDAY, 14 FEB 2017
Increasing its exposure to Australia's technology start-up realm, Australian Ethical invested in a Sydney-based venture capital fund. The $1.84 billion superannuation fund has contributed a significant investment to Right Click Capital's Growth Fund ...

Future Fund cautious on risk and return

DARREN SNYDER  |  TUESDAY, 31 JAN 2017
... final quarter of 2016, the Future Fund deployed capital into its private equity program, primarily through investments in venture capital and growth. Private equity now makes up 10.9% or $13.9 billion of the investment portfolio. "Our cash allocation ...

AirTree hires former Accel vice president

EMMA RAPAPORT  |  TUESDAY, 31 JAN 2017
Venture capital firm AirTree lured former Accel Partners vice-president James Cameron to Australia to hunt for startup opportunities. Sydney born Cameron will relocate home in February after four years with the Silicon Valley giant, overseeing several ...

AMP cuts venture capital funding

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2017
AMP shut down its venture capital arm after launching it less than two years ago. A strategic review of the AMP New Ventures program has resulted in its closing, with the roles of those working in the unit made redundant. A spokesperson for AMP said ...

Contango joins forces for large-cap ETP

ALEX BURKE  |  WEDNESDAY, 25 JAN 2017
... accessing different market sectors is important for a well-rounded fund manager, and so we're pleased to be part of this new venture," he added. Switzer Asset Management was registered in 2007 and launched by Australian entrepreneur Peter Switzer, founder ...

FIIG appoints acting managing director

EMMA RAPAPORT  |  TUESDAY, 24 JAN 2017
... Paton to step down. Paton and the FIIG board are exploring a potential role at Gieldan Capital, the alternate debt joint venture between FIIG and MH Carnegie. FIIG chairman Douglas Bates thanked Paton for his contribution and commitment over the past ...

Private equity manager secures insto mandate

JAMIE WILLIAMSON  |  FRIDAY, 20 JAN 2017
... in student accommodation, catering to both Australian and US universities. In November 2016 the firm announced a joint venture with Atlanta-based Student Quarters for a 5000-bed housing investment in the US.