October 2024
- Opinion
- Governance
How David Evans’ wealth vision went horribly wrong
The top stockbroker wanted to create a firm based on old world trust and integrity. But now its best chance of success lies in a retreat from life as a listed company.
- Jonathan Shapiro
E&P hires from Cooper Investors as healthcare analyst heads to Regal
The three hires were announced internally to E&P staff on Thursday morning.
- Sarah Thompson, Kanika Sood and Emma Rapaport
September 2024
Eyes on Bells, Mercury as E&P Financial bids farewell to public life
Street Talk understands E&P is preparing a $10 million placement and a concurrent voluntary buyback for existing shareholders, which is funded via a debt facility.
- Sarah Thompson, Kanika Sood and Emma Rapaport
June 2024
Stephen Jones dodges Dixon’s long tail of woe
The rationale is blacked out, but it’s clear that in early 2023 it was already part of the plan.
- Updated
- Myriam Robin
November 2023
Big banks, insurers on the hook to pay Dixon Advisory compo claims
The government has set aside $250 million to help victims of misconduct. But the collapsed financial firm’s clients are out of pocket by significantly more.
- Jonathan Shapiro and Carrie LaFrenz
E&P, Dixon Advisory settle class action over alleged conflict
E&P agreed to a $16 million settlement, which will also resolve claims against former Dixon CEO Alan Dixon and executive Christopher Brown. None will admit liability.
- Carrie LaFrenz and Jonathan Shapiro
September 2023
The Trumpian plot twist in Alan Dixon’s US tax saga
John Castro has gone from advising the Dixon Advisory scion to trying to bar Donald Trump’s return.
- Myriam Robin
June 2023
Geoff Wilson enters Cordish Dixon PE funds fracas, motives unclear
Geoff Wilson is setting up an eleventh-hour quarrel at E&P’s Cordish Dixon private equity funds.
- Sarah Thompson, Kanika Sood and Emma Rapaport
K2 declares URF unitholder proposal ‘inappropriate’
K2 Asset Management says a unitholder plan to block its appointment to the troubled US property fund known as URF creates conflict of interest issues.
- Jonathan Shapiro
Samuel Terry to reject URF appointment of K2
The drama at the troubled US Masters Residential Fund is not over yet, as its largest shareholder vows to contest the appointment of K2 as responsible entity.
- Jonathan Shapiro
February 2023
Pengana Capital puts $1b roll-up plan to E&P’s private equity funds
The E&P rolling disaster looks set for another instalment - this time at its “Cordish Dixon” private equity funds management arm.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
December 2022
Dixon Advisory creditors back plan to end painful administration
But the saga continues with the US property fund URF and activist investor Nick Bolton.
- Carrie LaFrenz and Jonathan Shapiro
Activist Nick Bolton sets sights on Dixon property fund
The corporate activist has called a meeting on December 30 to delay the conversion of preference shares in the US Masters Residential Property fund.
- Jonathan Shapiro and Carrie LaFrenz
Dixon Advisory creditors may reject deed of company arrangement
The former clients of Dixon Advisory might vote to liquidate the company so that investigations into the actions of its directors can be pursued.
- Carrie LaFrenz and Jonathan Shapiro
November 2022
Dixon Advisory clients to receive pittance under deed of arrangement
Following a protracted 10-month investigation, the administrators of the failed wealth manager says backing the deed of company arrangement is the best outcome for creditors.
- Carrie LaFrenz and Jonathan Shapiro
Kroll Australia gets a mixed reception
Independent experts are a flagrantly under-challenged feature of capital markets.
- Michael Roddan
October 2022
Cordish Dixon pulls fund merger
A controversial merger of a family of private equity funds has been called off.
- Jonathan Shapiro and Carrie LaFrenz
‘Egregious money grab’: Cordish Dixon fund merger angers investors
A proposal by E&P to roll up a series of private equity funds into an evergreen structure has left some unitholders fuming.
- Jonathan Shapiro and Carrie LaFrenz
September 2022
Dixon Advisory to pay $7.2m for breaching best interest rules
The collapsed wealth manger will also pay $800,000 of costs and expenses of the corporate regulator.
- Carrie LaFrenz and Jonathan Shapiro
August 2022
ASIC urges former Dixon clients to lodge complaints with ombudsman
The corporate regulator said clients may be eligible for restitution under a potential future compensation scheme of last resort.
- Carrie LaFrenz and Jonathan Shapiro