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Showing 1 - 10 of 97 results for "Funder"

ASIC charges developer over alleged $10m fraud

VINNY VUCAGO  |  TUESDAY, 23 JUN 2026
... acquire an Aston Martin luxury vehicle, cryptocurrency assets, a pub in Whyalla, a stake in a Seychelles-based litigation funder and a luxury apartment in Surfers Paradise purchased for his wife. ASIC further alleged McWilliams made a false or misleading ...

Alter Domus to acquire MSC Group

KARREN VERGARA  |  WEDNESDAY, 6 MAY 2026
... Last September, MSC Trustees and MSC Abacus were appointed as the trustee and administrator for third-party litigation funder Ninety Mile Capital. In 2024, MSC Trustees acquired Certane Corporate Trust, the fund administration and corporate trustee business ...

MSC awarded dual mandate from newly established litigation funder

MATTHEW WAI  |  MONDAY, 22 SEP 2025
... part of MSC Group, have been appointed as the trustee and administrator for a newly established third-party litigation funder, Ninety Mile Capital. Ninety Mile Capital is based in Melbourne and was founded by chief executive Simon Dluzniak and chief ...

Praemium reports FUA increase to $64.3bn

ELIZA BAVIN  |  TUESDAY, 22 JUL 2025
Praemium has reported funder under administration (FUA) of $64.3 billion to 30 June 2025, marking an increase of 12%. Praemium's next generation IDPS Spectrum achieved quarterly net inflows of $339 million, resulting in FUA of $2.38 billion for the ...

Court approves Caddick SMSF class action settlement

KARREN VERGARA  |  WEDNESDAY, 2 APR 2025
... overnight. About 50% of the money will go towards the victims while the other half is allocated to the law firm and litigation funder Therium. The lawsuit was filed against auditors BPR Audit, GK & Co, Bladens Accountants & Tax Agents, Khanh Huynh, and ...

Settlement reached in Caddick class action

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
... member about half of what they lost. "I have spoken to the two lead applicants, and they are very happy. The litigation funder also believes it is a good outcome," Chapman said. "The settlement reflects a fair outcome, but obviously there are still things ...

Perpetual reveals decade of philanthropy insights

ANDREW MCKEAN  |  TUESDAY, 12 NOV 2024
... gain traction - funding levels have risen from 1% to 3%. The report said this modest growth may be partly due to increased funder awareness because of catastrophic major weather events and biodiversity collaborations across Australia. The next generation ...

AMP BOLR litigants face lengthy payout process

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
... appeal of Justice McElwaine greenlighting the total settlement amount on September 6. Justice McElwaine approved litigation funder Augusta Pool's payout of more than $42 million, along with solicitors Corrs Chambers Westgarth's share of about $1.8 ...

Federal Court approves AMP BOLR class action settlement

KARREN VERGARA  |  MONDAY, 9 SEP 2024
... company AMP controversially changing its BOLR rules in 2020. A large chunk of the settlement sum will go to litigation funder Augusta Pool 523, receiving a whopping $26,578,805.83. This is on top of $10,573,022 in legal fees and $360,259.96 in security ...

Litigation funder disputes AMP BOLR settlement

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2024
The litigation funder of the AMP Buyer of Last Resort (BOLR) class action is negotiating its cut of the settlement money and could take home as much as $43 million. A notice of proposed settlement from the Federal Court shows the funder, Augusta Pool ...
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