This Month
- Exclusive
- Private equity
Wingate Group on the sales block as investors circle private credit
The Melbourne-based investment manager is in discussions with a Singaporean suitor about a potential investment or takeover that could be sealed this month.
- Aaron Weinman
Eyes on Macquarie as opportunistic credit funds circle Bingo
Street Talk understands the debt is again changing hands among a handful of special situation specialists, including debt trading house SC Lowy.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Assembly Funds Management kicks off $100m raise for property fund
Michael Gutman is aiming for 15 per cent to 17 per cent in annualised target returns from ADPF2, whose mandate allows it to invest in either debt or equity.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Red5 launches $138m block trade; Euroz Hartleys on ticket
Shares were priced at 0.335¢ a pop – a 5.94 per cent discount to the five-day volume-weighted average price.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Crowded field down to one as Booktopia emerges with new owner
DigiDirect, a privately held electronics retailer, has all but won a McGrathNicol-led sale process, which kicked off when the bookstore collapsed in July.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
Why Jabiluka going to court may not be the last twist
When the answer is suing the government, you know there are problems. The almost-broke ERA has many.
- Anthony Macdonald
Mosaic Brands in ‘safe harbour’; Deloitte in wings
Mosaic, whose brands include Katies, Millers, Noni B and Autograph, is understood to be working with Deloitte’s distressed advisory division, run by Sam Marsden.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Ex-RBC banker launches real estate IM with Iris Energy deskmate
Street Talk understands co-founders Bom Shin and Kevin Ghazi have just come off an Asia roadshow and are actively looking at deals.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Rare earths explorer St George buys Brazilian project; raise underway
Potential investors were told the project sits in the same complex as the Brazilian giant CBMM’s assets, which control 80 per cent of the world’s niobium mineralisation.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Texas-headquartered EnergyX lobs $US150m bid for Galan Lithium
EnergyX’s proposal, lobbed on July 11, sought to acquire Galan’s assets in the Salar del Hombre Muerto region within the so-called lithium golden triangle.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Aged care execs seek seed capital for recruitment startup
The hopstep recruitment platform for the aged care sector is hitting up venture capital and high-net-worth types to raise $3 million.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Irrigation automation biz Rubicon in raise; ex UBS boss climbs to 19.9pc
Three years on from its heavily backed float, shares have sunk from $1 to 32¢ and Rubicon is rattling the tin to repair its balance sheet.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Citi’s investment banking boss jumps ship to Rothschild
Cartel’s appointment was announced to Rothschild staff early on Monday morning.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Aussie sport legends bag stake in golf buggy maker MGI
The investment will refresh the family-run retailer’s register for the first time since it was founded in 1993.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Abu Dhabi fund flies into IFM consortium at AirTrunk’s $20b sale
The most recent numbers in front of bidders show AirTrunk has punched through $1 billion in contracted EBITDA.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Water quality monitoring start-up Eco Detection lands UK-listed backer
Street Talk can reveal Eco Detection has added London-listed mining services player Capital Limited to its list of backers.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Exclusive
- Private equity
Ex-Pinnacle executives line up Dinimus in private credit push
Scarcity Partners is closing in on yet another minority investment in an asset manager, in what would be the firm’s second deal since starting in March 2023.
- Aaron Weinman
July
$9b Indian VC flies into bumper seed round for Aussie fintech Slice
Slice is $7.5 million richer after ruling off an equity and debt round led by Peak XV Partners and Roadnight Capital.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Scentre, Barrenjoey pin down another Adelaide shopping mall bargain
A month after they struck a deal at Tea Tree Plaza, Scentre Group and Barrenjoey Private Capital Management are back, buying a 50 per cent stake in an Adelaide mall.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Brightstar Resources, Alto Metals agree to merge; kick off $20m raise
Established gold players are being driven by a need to replace ageing mines, while juniors are exploring combinations to secure their future.
- Sarah Thompson, Kanika Sood and Emma Rapaport
