March
Geoff Wilson’s new LIC crosses $100m in commitments
Wilson has been powering through a roadshow and has until April 11 to hit the $510 million target spelled out in the prospectus.
Bolton removed from Keybridge Capital board in stoush with Catalano
The activist investor has, however, talked up the decision as a victory, saying he has “never seen such competition to be on the board of an insolvent company”.
Geoff Wilson finds a loophole for broker fees
The investor knows that LICs can’t charge stamping fees. But there are other ways to incentivise the middlemen.
‘We’ll fight’: Alex Waislitz on family battles and bad bets
The billionaire investor is mired in clashes with his ex-wife, future sister-in-law and developer Tim Gurner. But he’s up for it, he says.
Wilson’s new $400m IPO pairs ASX 300 stocks with bank debt
ASX 300 companies will make up around 60 per cent to 70 per cent of the portfolio.
February
Shareholders barred from Keybridge meeting as court freezes assets
Sources say observers who showed up in person were also prevented from entering.
WAM hires eight brokers for $400m IPO
Street Talk understands Wilson Asset Management has tapped Taylor Collison, Morgans Financial, E&P Capital, Ord Minnett, Canaccord Genuity and Commonwealth Securities.
WAM fires up brokers for $400m IPO; Westpac legend on board
Wilson declined to comment, however broker sources told this column a deal to raise as much as $400 million is poised to launch.
Fireworks at Keybridge as Catalano, Wilson muscle in; vote called
Sources told this column Wilson reopened Monday afternoon’s meeting over Bolton’s protests and put all its resolutions to a vote.
Nicholas Bolton’s Keybridge to enter voluntary administration: sources
Melbourne accounting and advisory firm Lowe Lippmann is best placed to be appointed, sources said.
End of an era: Catalano, Bolton fall-out to give WAM the edge
Wilson, whose company has built a 45 per cent stake in Bolton’s ASX-listed investment vehicle Keybridge Capital, has been a thorn in Bolton’s side for almost a decade.
The huge red flag this new ASX founders fund is watching for
A new WAM strategy that will exclusively target companies run by “obsessive” originators also has a long list of danger signs to counter the risk of founder hijinks.
January
Regal’s King brothers split their stake to attract ETF investors
The high-profile investment house has posted strong returns and made big acquisitions in the past two years. Now it wants to get onto the S&P/ASX 300 Index.
December 2024
Chris Stott’s 1851 Capital hires from Wilsons Advisory
The small-caps fund manager has made its first hire in more than three years, making a rare addition to its tight-knit team.
Independents do government a favour by refusing to support super tax
Taxing unrealised gains would harm savers and investors in high-growth companies such as Canva and harm the economy by removing much-needed risk capital.
September 2024
Big dogs go to war for Platinum’s $175m honeypot
If there’s one thing we can be sure of, it is that Platinum’s M&A dance didn’t end on Thursday. Its fee-earning assets under management are too tempting.
July 2024
Geoff Wilson battles against renewed push for virtual AGMs
The veteran fund manager has launched a fresh campaign with the backing of his 130,000 retail investors to save the physical annual meeting.
Labour landslide; Starmer should worry Albo; Stock picker’s $46m spree
Read everything that’s happened in the news so far today.
Stock picker takes Sunshine Beach spend to $46m
Wilson Asset Management founder Geoff Wilson and his wife, Karen Greer, have expanded their footprint in the area to three oceanfront properties.
Ackman’s huge new fund offers zero fees, with a catch
The hedge fund king known for monster returns is set to market up to $US26 billion worth of shares to retail investors with zero fees for 12 months.