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Showing 81 - 90 of 312 results for "Tranche"

AMP provisions $50m in response to class action

ANDREW MCKEAN  |  THURSDAY, 10 AUG 2023
... judgment and other litigation matters, we are taking a prudent approach with our capital and liquidity and will pause tranche three of the capital return. We will review the decision to pause tranche three by no later than the end of the year." In July ...

Sequoia expands professional services arm

CASSANDRA BALDINI  |  WEDNESDAY, 12 JUL 2023
... consideration of up to $3.15 million is payable in cash and shares over a period of two years post completion. The final tranche is subject to a performance hurdle payable in July 2025, Sequoia said. "The acquisition will be funded from Sequoia's strong ...

Institutions must raise the bar on cybersecurity resilience: APRA

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
... gap highlighted by APRA was the inadequate definition and execution of control testing programs. Findings from the first tranche revealed that entities' testing programs were incomplete, inconsistent, lacked independence and did not provide adequate ...

Qualitas signs $1bn credit mandate

JAMIE WILLIAMSON  |  MONDAY, 8 MAY 2023
A global institutional investor will incrementally drip $1 billion into Australian commercial real estate (CRE) private credit opportunities via Qualitas. The unnamed investor will make investments in tranches, starting with $220 million to be seeded ...

ASIC revises IDR reporting framework

JAMIE WILLIAMSON  |  MONDAY, 8 MAY 2023
ASIC has further staged the implementation timeframe for internal dispute resolution data reporting. In total, 8600 financial firms will report their customer complaints data for the first time under the framework. The first group to do so comprised ...

Super performance test consultation opens

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... Yesterday, Jones released the outcomes of the Your Future, Your Super review in which the performance test forms a significant tranche of the legislation. The review also found improvements to be made to stapling, stating that those moving to high-risk ...

Gurner, Qualitas close second BTR fund

CHLOE WALKER  |  WEDNESDAY, 22 FEB 2023
... The second fund raise comes after the platform initially secured $1.2 billion in its first fund, fast-tracking its first tranche of BTR assets totaling 2000 apartments last year. The majority of GQ's first fund has now been deployed into four prime assets ...

Sentinel, PGGM build-to-rent down under

CHLOE WALKER  |  THURSDAY, 25 AUG 2022
... relationship in the United States, and now aim to deliver over 2500 build-to rent units across Australia. PGGM's first investment tranche opens a pipeline of over $700 million toward initial developments, with two project sites already confirmed. Meanwhile ...

ART, QIC partner on affordable housing

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
... is expected to have commenced on all of them by 2025. ART intends to invest up to $150 million for a subordinated debt tranche, managed by QIC. This marks the first social issue-focused investment by ART since its merger. "Australian Retirement Trust ...

Magellan offloads GYG stake

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
Magellan Financial Group has sold its 11.6% stake in Guzman y Gomez to a Barrenjoey Capital Partners entity for $140 million so it can focus on funds management. According to an ASX statement, Barrenjoey intends to seed an investment trust comprising ...