Street Talk

Carbon broker CORE Markets eyes $25m raise for Asia push

The effort, assisted by Rennie Advisory, is well under way, with roadshows and management presentations in train since July.

Sarah Thompson, Kanika Sood and Emma Rapaport

Sep 19, 2024 – 5.01pm

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Melbourne’s CORE Markets, a carbon trading platform that wants to compete with Blackstone-backed Xpansiv, has launched a capital raise to expand into Asia.

CORE Markets co-founder and chief executive Chris Halliwell is leading the fundraising efforts.

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.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.