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Showing 1 - 8 of 8 results for "Cerberus"

US manager eyes Australia

KANIKA SOOD  |  THURSDAY, 12 NOV 2020
... fund manager partnership was with ARP Investments, announced in July. It has also worked with Clarion Capital Partners, Cerberus, Orion Resources Partners, Calamos Investments and One Equity Partners.

Westpac offloads vendor finance business

ALLY SELBY  |  FRIDAY, 21 AUG 2020
... business to a New York-headquartered private equity firm, in the first sale from the bank's strategic review stable. Cerberus Capital Management has acquired Westpac's Strategic Alliances, with the equipment financing business set to be combined ...

Axsesstoday appoints chief executive

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 NOV 2019
Axsesstoday has appointed a new chief executive following privatisation and investment from Cerberus Capital Management. Craig Edwards will lead the company in its next phase, replacing interim chief executive Stewart Winspear. Edwards joins from Pepper ...

Cerberus affiliate buys Aussie SME lender

KRISTI CHENG  |  TUESDAY, 24 SEP 2019
An affiliate of Cerberus Capital Management, L.P. has bought an Australian SME lender, Axsesstoday. The $259.7 million deal brings Axsesstoday out of voluntary administration, according to Deloitte, who led the sale. The SME lender entered into voluntary ...

Investors sharpen watch on RMBS

KANIKA SOOD  |  MONDAY, 9 JUL 2018
... stake in Pepper Group in October 2017, Blackstone acquired a majority stake in La Trobe Financial in January 2018 and Cerberus acquired Bluestone Holdings Australia in February 2018, according to Moody's. In 2017, RMBS issuance hit $37 billion in ...

NAB sells $1bn worth of UK property loans

JAMES FERNYHOUGH  |  TUESDAY, 29 JUL 2014
... National Australia Bank (NAB) has agreed to sell A£625 million (AU$1.1 billion) worth of UK commercial property loans to Cerberus Global Investors. NAB said the sale was intended to de-risk its UK Commercial Real Estate (CRE) portfolio, reducing the ...

Market Wrap - Morning

AAP  |  TUESDAY, 13 APR 2010
... to acquire rival power company Reliant Energy Inc for $US1.61 billion ($A1.72 billion), while the private equity firm Cerberus Capital Management is buying DynCorp International, a provider of support services to US national security operations, for ...

Sub-prime's house of cards

SUZY MAC  |  FRIDAY, 9 NOV 2007
... the mortgage fall-out has seen General Motors report a quarterly loss of $42 billion, about twice its market value, and Cerberus Capital Management owned Chrysler plans to cut as many as 25,100 jobs after losing $731 million last year. In his statement ...
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