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Street Talk

This Month

  • Capital raising
  • Quadrant banks $660m for third growth fund

    The six-week fundraise was oversubscribed after ultra-high-net-worth investors added funds to the pot.

  • Macquarie Group
  • JPMorgan leads ECM league table for first time in decades; Goldies sweeps M&A

    While flashy M&A draws the eyeballs, 2024 has been a remarkable year for equity desks.

  • Mergers & acquisitions
  • Aveo auction heads to second round with big new asset in play

    The company has won over big real estate groups such as Lendlease and Dexus for the right to develop the Manly Health and Wellbeing site, people close to the process say.

  • Legal profession
  • Robin Khuda’s go-to finance lawyer finds a home at Baker McKenzie

    Street Talk understands banking and finance partner Bryan Paisley has returned to the top-tier firm he left five years ago. 

  • Capital raising
  • Genesis Capital amasses $350m for more healthcare deals

    Doctor turned private equiteer Michael Caristo and his co-founder Chris Yoo have finalised a fund, drawing interest from institutional investors and families.

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  • Capital raising
  • California PE Angeleno buys into Aussie energy software biz

    Rennie Advisory advised on the raising, conducting a global search for a minority partner to take AZZO to the United States.

  • Capital raising
  • Natixis’s Mirova backs millions into EV charging biz JET Charge

    Natixis Investment Managers-affiliate Mirova led the $72 million funding round via its energy transition strategy.

  • Lendlease
  • Lendlease’s long-time bankers nervously face new era

    Gresham and Morgan Stanley have been hanging around the real estate giant for years. But a new chairman might have other ideas as he settles in.

  • Managed funds
  • Tribeca expands distribution headcount with Australian Ethical hire

    The firm, home to well-known fund managers including Ben Cleary and John Stover, has doubled its distribution headcount with new hires in Sydney and Singapore.

  • Capital raising
  • This 21-year-old has just banked $10m for his R&D funding venture

    Charlie Selth brought the idea to his boss, executive chairman Jonathan Dooley, 18 months ago to create a lending model for early-stage companies.

  • Mergers & acquisitions
  • PE firm Adamantem Capital swoops on IPO-candidate Mason Stevens

    Street Talk understands an agreement was signed between the two parties on Wednesday morning, handing over the keys to 100 per cent of the company.

  • Investment banking
  • TPG Capital weighs new options for Novotech’s future

    Street Talk understands TPG is weighing up a bunch of complicated options for its $4 billion clinical research group.

  • Macquarie Group
  • Investors on alert as Bingo debt trades around 80¢

    There’s no action yet, but special situation funds the world over – which specialise in trading discounted debt – are certainly having a look.

  • Mergers & acquisitions
  • Macquarie Infrastructure circles Adamantem’s laundry business

    Street Talk understands one of Macquarie Infrastructure’s entities is weighing an acquisition of Linen Services Australia.

  • Mergers & acquisitions
  • Private equity shop Whiteoak adds to technology streak with Avolution

    Managing director Greg Garvin has led majority investment in the business architecture modelling tool.

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  • Capital raising
  • Rich Lister-backed Vinyl Group in equity raise to fund acquisition

    Sole lead manager Peloton Capital was rounding up investors at 10¢ a pop for a fully underwritten accelerated rights issue, sources said.

  • Mergers & acquisitions
  • Southern Cross’ poison pill that bidders just can’t swallow

    Street Talk can confirm this change-of-control payment is not mythical, but a real clause that comes into play when there’s a 100 per cent bid on the table.

    • Updated
  • Mergers & acquisitions
  • EY seeks buyer for $60m-a-year revenue data centre infrastructure biz

    Street Talk understands EY’s deal team has been appointed to sell the18-year-old business which makes around $60 million revenue.

  • Capital raising
  • Arbor Capital backs homegrown scuttlebutt research firm targeting PE

    The venture capital upstart has taken a minority stake in expert research platform Networks X.

  • Commonwealth Bank
  • Commonwealth Bank government relations tsar jumps to Blackstone

    Euan Robertson is leaving the $265 billion bank and making a beeline for the world’s largest alternative asset manager.

    Original URL: https://www.afr.com/street-talk