Investment spruiker James Mawhinney, who is battling regulators, has laid out plans to raise $1 billion over three years as the company he controls seeks to recruit a head of credit.
Australian Income Solutions is “targeting a loan book of $500 million to $1 billion within three years”, which the recruiting advertisement said would provide the candidate with “the opportunity to get in at the ground floor”.
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Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
