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Search ResultsShowing 1 - 10 of 100+ results for "IPO"
Former adviser pleads guilty to theft, dishonesty
KANIKA SOOD  |  TUESDAY, 22 DEC 2020
... company director will be sentenced on April 30 after pleading guilty to charges relating to mishandling of client money in an IPO. Keith James Flowers (formerly Nigel Flowers) pled guilty to one charge each of dishonesty and theft at Sydney's Downing ...
IPO Wealth trustee hit with class action
ELIZABETH MCARTHUR  |  TUESDAY, 15 DEC 2020
Slater and Gordon issued the embattled IPO Wealth Fund with a class action late last week. The firm will represent unitholders in the IPO Wealth Fund, which is currently being wound up by trustee Vasco Trustees after the Victorian Supreme Court ordered ...
New fund to invest in AI companies
KANIKA SOOD  |  TUESDAY, 1 DEC 2020
... solutions. NextGen Funds Management's AI Technology Fund will invest in debt or equity in AI businesses in startup to pre-IPO life stages. The return target is set at 10-12% per year IRR after fees but before tax. Fees as 1.65% p.a. in base fees and ...
Kogan execs chase big bonuses
ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
... objectors were mostly "recent entrants to the register" not those shareholders who have enjoyed the companies gains since IPO. Kogan is currently trading at $17.69. In October, the share price was as high as $25. In its full year results, the company ...
Raiz appoints new chair
ELIZA BAVIN  |  FRIDAY, 13 NOV 2020
... director and chair of the company. Fay joined the board in October 2016 and played a key role in the company's early growth and IPO in 2018. Raiz said after four years Fay decided it was time to resign from the board to pursue other interests. "[He] ...
Pengana launches new Israel equities fund
KANIKA SOOD  |  WEDNESDAY, 11 NOV 2020
... manages about $350 million. It is a long-only fund with typical holdings in mature small or mid cap companies, including pre-IPO raises. Companies can be listed on either the Tel Aviv Stock Exchange or ex-Israel exchanges such as NASDAQ-listed companies. ...
Crennan nabs new gig
ELIZABETH MCARTHUR  |  WEDNESDAY, 11 NOV 2020
Former ASIC deputy chair Daniel Crennan has a new role with an advisory firm and boutique investment bank, which was named in an ASIC report in 2019. Crennan resigned from the corporate regulator just two weeks ago, following revelations that he was ...
Channel Capital in management buyout
KANIKA SOOD  |  TUESDAY, 10 NOV 2020
... growth. "We were majority staff owned [after Highbury investment] and will be more so after this," he said. "One option was to IPO the business which we didn't want to do, we wanted to stay independent and employee owned. The access to capital is ...
New York hedge fund invests in Thorney LIC
KANIKA SOOD  |  TUESDAY, 10 NOV 2020
... technology-related companies in both Australia and overseas across the investment life-cycle with a continuing focus on pre-IPO opportunities," TEK said in filings. "We are delighted with the support shown by new and existing investors, with bids received ...
Former advisers face huge fines
ELIZABETH MCARTHUR  |  FRIDAY, 6 NOV 2020
... decision to ban him from financial services. It emerged during the hearing that Kawecki was a client of Bell Potter. During the IPO of DirectMoney, Kawecki or entities associated with him invested $100,000 across 50 accounts in a move designed to facilitate ...
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