Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 71 - 80 of 394 results for "Ventures"

Most trustees pass Canva valuation test: APRA

KARREN VERGARA  |  MONDAY, 4 SEP 2023
... that took Canva's valuation to new heights of US$40 billion. Aware Super is currently invested in Canva via Blackbird Ventures. APRA did not mention which super funds are invested in Canva but said that it observed "better practices" by trustees and ...

Fund manager injects $28m in Stockspot

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
... clients. The latest funding follows a $3 million cash injection from a group of investors that included Alium Capital and H2 Ventures and led by ETF Securities founder Graham Tuckwell in May. The consortium invested an initial $2.2 million in 2017. Stockspot ...

ASIC acts against illegal investment scheme operator

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
... time did Hopkins or his company hold an AFSL that allowed such activity. Hopkins promoted at least 25 development joint ventures, raising more than $32 million from clients. ASIC has previously said that he told investors they could expect guaranteed ...

Spaceship secures $6m, plans new offering

JAMIE WILLIAMSON  |  MONDAY, 24 JUL 2023
... million in funding. The extra cash comes from its two major shareholders, Mike Cannon-Brookes' family office Grok Ventures and Horizons Ventures, the private investment arm of Li-Ka Shing, through an extension to an existing convertible note facility. ...

Commonwealth Bank backs Wollemi Capital

CHLOE WALKER  |  MONDAY, 10 JUL 2023
... (Wollemi) was created in 2021 by former Macquarie Capital global head Tim Bishop and Boston Consulting Group Digital Ventures head of Asia Pacific and Australia Paul Hunyor. Wollemi invests in climate solutions businesses in the food and agriculture ...

CEFC backs agriculture investment platform

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 JUN 2023
... conduct further research. The CEFC investment is managed by specialist climate-tech venture capital manager Virescent Ventures.

King's birthday honours for industry executives

CHLOE WALKER  |  TUESDAY, 13 JUN 2023
... in 2007, established the Trawalla Foundation alongside his wife Carol as a vehicle for the family's philanthropic ventures (through the Schwartz Family Office). Former Aware Super board member and trustee Steer has been a longstanding leader in the ...

Future Fund adds to investment team

ELIZABETH FRY  |  FRIDAY, 26 MAY 2023
... origination and management of investments in a $5 billion portfolio of unlisted property funds, mandates, clubs and joint ventures in Australia and offshore. In this role, he also sat on several advisory boards and investor investment committees. Before ...

Iress outlines product-led growth strategy

ANDREW MCKEAN  |  FRIDAY, 5 MAY 2023
... goal of strategy is to drive a consistent 'Rule of 40' performance across all Iress businesses and to build new ventures.

SEC charges duo over church-based fraud

JAMIE WILLIAMSON  |  FRIDAY, 5 MAY 2023
... investor trust." The regulator further alleges that, to stave off demand for cash payouts from their unsuccessful business ventures, the two misled investors, made more than $16 million in Ponzi-like payments, and sent to investors $31 million in bad ...