Street Talk

Jon Adgemis’s one-time trusted adviser takes his leave

Sarah Thompson, Kanika Sood and Emma Rapaport

Apr 28, 2025 – 2.33pm

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Tony Moussa tried and tried to get away a $450 million debt refinancing for Jon Adgemis’ Public Hospitality Group. No easy feat, and ultimately an unsuccessful one. Now, the KPMG real estate chief is out the door.

In an email to friends and colleagues last week, Moussa, a KPMG partner, said he would finish up in April. Stay tuned for his next venture, Moussa added, which would keep him “involved in the evolution of private capital”.

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.