This Month
- Exclusive
- Property market
Ray White founders seek investors for $1b lending bonanza
The White family is seeking to raise $400 million for its second credit fund, which will provide loans to developers. It has already lined up $841 million of deals.
- Larry Schlesinger
TPG hires industry heavy hitters for $1.5b fund; eyes 3.2-times money
Former Telstra chief executive Andy Penn has signed up to lead the $1.5 billion TPG Emerging Companies Asia Fund’s efforts in new economy and cyber sectors.
- Sarah Thompson, Kanika Sood and Emma Rapaport
JPMorgan private banker exits after 10-plus years
JPMorgan’s private bank targets individuals with more than $25 million in investible assets.
- Sarah Thompson, Kanika Sood and Emma Rapaport
The world’s oldest privately owned bank is unrepentantly nepotistic
C Hoare and Co has been run by the Hoare family for 12 generations, who cater for a select group of wealthy individuals.
- Claire Alfree
May
- Exclusive
- BOSS
How Geoff Wilson assembled his investment dream team
Philip Lowe, Jennifer Westacott, Mike Baird, David Paradice, Andrew Forrest and Solomon Lew are among the heavy-hitters who have joined Geoff Wilson’s charitable mission to raise money for kids.
- Patrick Durkin
Di Pilla’s HMC buys Payton Capital in $5b private credit push
HMC has appointed the former head of Macquarie’s US principal finance business in New York to run the new strategy.
- Joshua Peach
Perpetual board faces fiery analyst call as $2.2b KKR deal lands
Oh, to be a fly on the wall at the offices of Washington H. Soul Pattinson!
- Sarah Thompson, Kanika Sood and Emma Rapaport
Macquarie Technology founders cash out; E&P Capital on trade
Stockbroker Evans and Partners crossed two lines of stock in the ASX-listed data centre operator after-market on Monday.
- Sarah Thompson, Kanika Sood and Emma Rapaport
‘Twenty-five times salary’: Goldman scraps bonus cap for bankers
Goldman will allow star traders and deal makers to earn up to 25 times their salary. The bank is trying to make London more attractive to top bankers after Brexit.
- Eir Nolsoe and Michael Bow
- Opinion
- Chanticleer
Down markets draw out the year’s biggest share trades
Big block trades are flying this week, which only ramps up the chase for the next big trade.
- Updated
- Anthony Macdonald
April
KKR seeks to resolve 11th-hour hurdles ahead of Perpetual break-up
The Perpetual board was eager to update the market at its third quarter update on Wednesday but was body blocked by its advisory team.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
The funds management shakeout is on – is it about to get worse?
First Sentier’s David Allen gave up the game when announcing what was probably the biggest ever strategy closure in Australian funds management earlier this week.
- Anthony Macdonald
- Exclusive
- Rich List
Goldman eyes local banking licence to grow ultrarich lending business
The Wall Street investment banking giant has made no secret of its desire to expand its private wealth division. There are limits on what it can do.
- Primrose Riordan
GIP’s Pacific National in management meet-and-greets; eyes on PSP
Sources said Canadian pension funds, including PSP Investments, are in-and-around the sale process, while Middle Eastern funds are also expected to take a look.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
Meet the Australian running Citi’s new team of 6000 bankers
From running Credit Suisse and Citi in Australia, to being involved in the biggest reshuffle at Citi in 25 years, David Livingstone says he wouldn’t have it any other way.
- Updated
- Anthony Macdonald
March
Jarden votes through FirstCape, frees up cash for investment bank
Almost all the wealth manager’s shareholders agree to separate the firm and provide a much-needed liquidity event for its Australian business.
- Aaron Weinman
ANZ’s private bank joins crowded race for country’s richest families
The local bank has penned a deal with a fixed-income manager to tailor a bond portfolio for its richest clients.
- Aaron Weinman
Chalmers to axe 500 tariffs, clears way for gas tax deal
The Albanese government will streamline environmental approvals for resource projects clearing the way for a PRRT deal and abolish 500 “nuisance” tariffs on imports from toothbrushes to tools.
- Phillip Coorey
- Exclusive
- Investment banking
Macquarie lauded embattled Indian tech investment as its scandals grew
In two investor updates last year, the asset manager lauded the profitability of Byju’s even as other backers slashed the value of the embattled education platform.
- Aaron Weinman
Swiss bank accuses Macquarie of distorting valuations for higher fees
Julius Baer said the local giant was refusing to answer questions about how education platform Byju’s was performing. Others cut their valuation by 98 per cent.
- Updated
- Aaron Weinman
