Today
BlackRock managing director resigns
Reid, a Sydney-based managing director at BlackRock, was elevated to head of renewables infrastructure in 2018
Kinterra lobs $200m bid to acquire copper play New World Resources
The buyout firm stormed the bidding fray for the ASX-listed junior copper explorer earlier this month when it gained a 12 per cent stake.
AI dark horse Firmus in $280m pre-IPO raise; eyes 2026 ASX listing
The pre-IPO raising is being run by Morgans Financial which has all but covered the deal from a mix of institutional, high net worth and strategic investors.
MA Credit Income Trust launches $50m placement
MA Financial will tap the market for $49.7 million for MA1 on Monday morning, offering new units at $2 a pop.
$3b Edify Energy readies mega debt facility for bidders
The loan would have a five to seven-year term and eclipse debt packages seen in comparable deals at CWP Renewables, Tilt Renewables and Neoen Australia.
Yesterday
L1 Capital stokes shareholder ire at Platinum Capital LIC
Outspoken activist David Kingston says unitholders are being held hostage by L1 Capital.
Virgin float has Bain in line for $15.9m advisory golden parachute
It will be a nervous wait for the private equity giant’s dealmakers as years of planning come to a head this week with the airline’s return to the ASX.
Global protection products manufacturer taps brokers for $500m IPO
United Kingdom-headquartered AIS is seeking institutional investor support for its initial public offering, signing on with Henslow and Morgans.
This Month
Cancer therapy biotech Celleo in private fund-raising round
According to the pitch, while drugs for cancer have advanced significantly, the manufacturing is overly reliant on manual processes and creating bottlenecks.
ASX listing candidate Campana puts itself back on the agenda
While it is still early days, listing adviser CLSA Australia did a check-in with potential backers last month.
Oaktree in talks to finance Sanjeev Gupta’s Tahmoor coal mine in NSW
Oaktree’s local dealmakers have put forward multiple funding proposals for Tahmoor while competing with one other party, understood to be White Oak.
Celeste PM lands at MA Moelis’ sales desk
Martin Byers will enter as an executive director on the small-cap sales desk, reporting to head of equity research Edward Day.
Sonic Healthcare set to lift stake in Microba Life Sciences
The raising comes after Microba has lost 36 per cent of its sharemarket value in the past 12 months.
Private equity snaps up Aussie brand Doors Plus
Colinton is working with alternative investing platform iPartners to syndicate equity to its network of wealthy clients.
Bain, IFM tip into ScotPac’s $325m refinancing; Affinity nets dividend
Sources said the deal lowers ScotPac’s funding costs, while leaving a significant equity cushion.
Private capital heavyweights circle Ellerston’s $1b NOJA Power
NOJA founder and CEO Neil O’Sullivan is powering through a fresh batch of investor meetings this week.
CLSA shops at MA Moelis for head of sales
Street Talk understands Sandy Isherwood has resigned from MA Moelis Australia and will soon pop up at CLSA.
Goldman Sachs hires head of equity sales from RBC
Goldman Sachs has poached RBC Capital Markets’ James Cornell as its new head of equity sales.
Copper, gold explorer Cygnus Metals rattles the tin
The raising comes amid strong prices for the commodities, which have set loose several deals on the ASX.
Federal Court date looms for Iren crypto bros
The Young Rich Listers fought tooth and nail to prevent being summoned and appearing in the witness box in an Australian court.