September
Jefferies sponsors, industrials star banker poached by rival firm
Griffiths’ rise was highlighted by this column’s Private equity’s hot shots: 20 dealmakers under 40 in December 2019.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Australia’s most powerful deal makers in 2024
If investors step up and hit the bid on those valuations, the market will see real momentum. If not, it will be the same painful conversation about dry powder next year.
- Sarah Thompson, Kanika Sood and Emma Rapaport
August
Jon Adgemis’ vintage yacht seeks buyers
The debt-laden baron is seeking a humbler life, without his 95-foot yacht Hiilani.
- Updated
- Mark Di Stefano
Hedge fund OCP Asia kicks can down the road at National Group
OCP has convinced National Group’s new senior lender line-up to make cash distributions to OCP, providing it hits hurdles on key financial metrics.
- Sarah Thompson, Kanika Sood and Emma Rapaport
More exclusive than any restaurant: how top deal makers dine
Investment banks and law firms have fostered a thriving in-house dining scene where they can break bread away from prying eyes.
- Aaron Weinman
July
Shares up as UK treasurer vows to ‘work hand-in-glove’ with business
The FTSE 250 touched its highest level since April 2022 as Sir Keir Starmer became prime minister, powered by a rally for home-building stocks and property companies.
- Updated
- Chris Price, Alex Singleton, Ben Riley-Smith and Szu Ping Chan
Deutsche Bank backs $210m Bendigo Hospital public-private refinance
Street Talk understands the German bank has come in as the project’s long-term lender, refinancing an existing bank syndicate.
- Sarah Thompson, Kanika Sood and Emma Rapaport
June
Deutsche Bank trades its Adgemis debt; kicks off Gemi talks
Street Talk understands major lender Deutsche Bank has traded positions in five assets to US private credit group Muzinich in recent weeks.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Hollywood’s Jon Adgemis scores another courtroom cameo
Sweet dreams are over for Jon Adgemis – who has shown this country the true potential of private credit as an asset class – with reality closing in.
- Primrose Riordan
Deutsche Bank nabs macro sales head from rival
Laura Fitzsimmons had been with JPMorgan for more than 12 years, appointed head of Australia rate sales in 2019.
- Sarah Thompson, Kanika Sood and Emma Rapaport
National Group gets its $210m refinancing; Gordon Brothers paid out
Barclays, which was in the thick of National Group’s long-running refi negotiations, tapped out in the final lap, after failing to get internal approvals.
- Sarah Thompson, Kanika Sood and Emma Rapaport
May
- Exclusive
- Food & drink
Jon Adgemis strikes $400m refinancing deal to save pub empire
The former KPMG dealmaker will likely stay on as executive chairman of his Public Hospitality Group after reaching a deal with Deutsche Bank to avert collapse.
- Primrose Riordan
ANZ pushes to reverse fine for $2.5b cap raising blunder
The Federal Court ultimately levelled a $900,000 fine against the financial institution for not informing investors about the shortfall.
- Lucas Baird
Karoon CEO schmoozes investors, but activists aren’t backing down
Activist investor Sandon Capital has accused the top executive of employing “stalling tactics” ahead of the oil and gas producer’s annual general meeting.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Analysis
- Renting
Why Australia’s long-suffering renters are not alone
Rents are soaring not only in Australia but also in the US, UK and Canada, preventing inflation from declining closer to central banks’ targeted levels.
- Swati Pandey, Irina Anghel and Enda Curran
- Exclusive
- Hotels
Adgemis, fighting fires, now has the Tax Office at his door
The Tax Office is knocking on the door of Jon Adgemis’ embattled pub group for more than $10 million as the former KPMG rainmaker attempts to save his empire.
- Max Mason and Primrose Riordan
Deutsche Bank veteran exits after spearheading a five-year restructure
Hugh Macdonald has led the European bank’s investment banking arm since 2020.
- Sarah Thompson, Kanika Sood and Emma Rapaport
April
Tesla shareholders brace for worst results in seven years
Investors want to know whether the electric car maker is in the midst of a major change in direction.
- Updated
- Peter Campbell, Harriet Agnew and Arjun Neil Alim
AirTrunk suitors banker up as $15b sale gets under way; data room open
Street Talk understands DigitalBridge Group and IFM are in the process of engaging Barrenjoey, while Blackstone has Deutsche Bank and Morgan Stanley in its corner.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Bitcoin ‘halving’ cuts supply of new tokens
The bitcoin halving could deal a potential blow to the companies that make money by ensuring that the digital currency functions smoothly and securely.
- David Pan