Today
David Di Pilla swoops on $2b data centre group Global Switch Australia
The assets, two big developments in inner Sydney, will anchor a $1 billion real estate play that the veteran dealmaker intends to list later this year.
- 1 hr ago
- Sarah Thompson, Kanika Sood and Emma Rapaport
September
Di Pilla’s $50b funds dream inches closer with major mall deal
If it is finalised, the deal for a stake in the Sydney mall will be a fresh expansion of the rapidly evolving funds platform that went public five years ago.
- Nick Lenaghan and Campbell Kwan
QIC locks horns with David Di Pilla at $400m data centre biz iseek
Make no mistake, iseek is about 60 times smaller than AirTrunk but it’s still a way to play the artificial intelligence theme.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
Di Pilla prepares to break IPO drought with mystery fourth float
The rise of private capital is one of the big forces in markets globally. That doesn’t mean listed markets have to be left behind, says the HMC Capital boss.
- Anthony Macdonald
August
David Di Pilla’s dream for a $50b funds business
David Di Pilla says investments in energy, digital infrastructure, private credit and private equity will each grow into $10b businesses.
- Larry Schlesinger
- Results Wrap
- Chanticleer
How Scentre came through the Bondi Junction tragedy
Amid a deluge of results, it was a story about something much more than money that moved us here at Chanticleer.
- James Thomson and Anthony Macdonald
Private hospital woes are ‘short term’, says healthcare property fund
Analysts say the HealthCo Healthcare & Wellness REIT could be one of the few listed property trusts to forecast earnings growth this reporting season.
- Larry Schlesinger
July
HMC Capital chooses battery storage for first climate investment
David Di Pilla’s asset manager will pay up to $50 million for a controlling stake in StorEnergy, which is headed by a former Spark Infrastructure executive.
- Kylar Loussikian
Hedge fund takes Barrenjoey to task over Chemist Warehouse deal
Faced with competition regulator concerns, Wickhams Hill reckons Chemist Warehouse is far more likely to pursue a traditional IPO than sell stores.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Baby Bunting plots expansion on the back of HMC’s property portfolio
The retailer fell on tough times but its new CEO is expanding the network into fresh areas with smaller formats and exclusive products.
- Carrie LaFrenz
June
Stirling Property in talks to buy HomeCo’s McGraths shopping centre
Street Talk understands the trust has been in discussions to offload its McGraths Hills centre in Sydney’s North West to Stirling Property Funds.
- Sarah Thompson, Kanika Sood and Emma Rapaport
HMC Capital’s ex-Macquarie banker targets $5b for private credit arm
The investment firm will wrap up the purchase of Payton Capital next week, and has set its sights on real estate financing and asset-based lending.
- Aaron Weinman
May
Inside the last days of Lendlease’s global empire
Three of the country’s most senior investment bankers were drafted in to advise the property giant on its biggest reset for at least a quarter of a century.
- Aaron Weinman
- Opinion
- Chanticleer
The two forces driving Lendlease to tear itself apart
For 66 years, Lendlease has been an icon of Australian business. But its global ambitions lie in tatters after a reckoning that’s been coming for decades.
- James Thomson
Lendlease seals truce with activists in radical reset
The property giant expects its new strategy to free up $4.5 billion of capital and will sweeten the deal with a $500 million share buyback.
- Updated
- Aaron Weinman
Di Pilla’s HMC buys Payton Capital in $5b private credit push
HMC has appointed the former head of Macquarie’s US principal finance business in New York to run the new strategy.
- Joshua Peach
Brookfield’s Healthscope debt trap is a mess for everyone involved
The investment giant is bringing its punchy approach to restructuring – and tactics more often found in the US – to Australia as it works on the hospital group.
- Jemima Whyte
David Di Pilla’s HMC Capital takes big stake in Baby Bunting
The country’s largest maternity and baby good retailer has had a poor year, with earnings downgrade and executives departures pushing shares a third lower.
- Kylar Loussikian
‘True energy impact’: Di Pilla defies gloom, appoints Gillard to $2b fund
The ASX-listed HMC Capital is banking on plenty of investor interest to defy a gloomy market outlook on the transition to clean energy for its latest vehicle.
- Ben Potter
April
HMC Capital doubles down and increases stake in embattled Lendlease
David Di Pilla’s investment firm has increased its holdings in the construction giant a week after backing its management team.
- Aaron Weinman