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Anything less than $5 for Insignia is opportunistic, says shareholder

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A small Insignia Financial shareholder has stuck its head above the parapet as three private equity firms furiously compete to take the ASX-listed wealth manager private.

Preston Hammersley from Indian Pacific Funds. James Alcock

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/anything-less-than-5-for-insignia-is-opportunistic-says-shareholder-20250210-p5lawr