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This Month

Incoming Westpac CEO Anthony Miller has lunch with Lucas Baird at the Palace Hotel in Mortlake.

Suburban pub grub suits Westpac’s new CEO

Living in Sydney’s inner west makes Anthony Miller an outlier among big bank chiefs. The former investment banker is determined to make his firm stand out, too.

  • Updated
  • Lucas Baird
Goldman Sachs co-head of investment banking Nick Sims.

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.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
David Aylward, Tribeca founder, doesn’t need fundraising expert (and one-time equity backer) GSFM anymore.

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.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Mason Stevens chief executive Tim Yule.

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.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
TPG has held clinical trial research organisation Novotech since 2017.

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.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
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Whiteoak managing director Greg Garvin.

Private equity shop Whiteoak adds to technology streak with Avolution

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

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Trust between public and private markets investors is at rock bottom.

Private equity’s musical chairs rub salt into sore wounds

These trades drive public and private markets investors further apart when they need each other more than ever.

  • Anthony Macdonald
Access to housing will be one of the big issues during the federal election campaign next year.

Barrenjoey stokes political debate over APRA’s home-lending policy

The investment bank says a Coalition-led Senate committee report last month – challenging the prudential regulator on first home buyers – “appears logical”.

  • James Eyers
Barrenjoey now provides mergers and acquisitions advice, capital markets underwriting, equities research, prime brokerage and fixed-income services.

Barrenjoey equities partner exits the Vertical Village

Street Talk understands founding partner Ben Scott has abruptly left the firm and the Chris Williams-led team.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Loscam previously attempted to hive off its Australian business via Goldman Sachs and UBS.

Brookfield in advanced talks to buy Loscam Asia-Pacific division

While there have been plenty of false starts in the efforts of Loscam’s owners to exit the business, sources said the transaction was on track to sign soon. 

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Anthony Sullivan, founder and CEO of hospitality advisory group Quantaco.

Hospitality entrepreneur backs ex-BofA operative to hang out his shingle

Alex Pikoulas is busy establishing his own wealth management shop backed by Anthony Sullivan of Quantaco.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
DDH1 chairwoman Diane Smith-Gander joined the board of Perenti as part of her group’s buyout.

Oaktree offloads entire $70m Perenti stake; Aitken Mount on hand

Shares traded hands at $1.25 – or a 4.2 per cent to the last close.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Insignia Financial CEO Scott Hartley.

PE giant Bain Capital zeros in on $2b Insignia; BofA on hand

Street Talk understands Bain Capital is running the ruler over ASX-listed over $2 billion ASX-listed financial services giant Insignia Financial.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
HMC Capital chief executive David Di Pilla leads a Monday morning meeting at the firm.

Inside the morning meeting of the market’s biggest fee payer

The big year of deal making at David Di Pilla’s HMC Capital has been a blessing for investment banks in an otherwise patchy 12 months. Can it maintain the pace?

  • Jemima Whyte
Fresh seafood from Fremantle Octopus is served in high-end restaurants.

Tentacles out at Fremantle Octopus with Kidder Williams on the scene

Fremantle Octopus owns about half of the licences in the WA Octopus Fishery, but it doesn’t have the cash to put most of them to use.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
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Pay.com.au, a platform that allows businesses to turn their expenses into frequent flyer points. Founder Ed Alder pictured.

IPO-candidate Pay.com.au launches raise to fund US expansion

Street Talk understands Pay.com.au is seeking to raise $15 million via a private placement at a $303 million pre-money equity valuation.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Greg Boorer, CEO and founder of CDC Data Centres

CDC Data Centres $16b sale off to the races; three big funds prep bids

Kyle Mangini, the global head of IFM Investors’ $110 billion infrastructure business, will be the one to watch.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Chris Bayliss was appointed chief executive of Judo Bank earlier this year.

Bain, GIC selldown at Judo Capital; Goldman Sachs launches block trade

Shares in the business bank have run up 124 per cent over the past year giving the pair an opportunity to sell.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Canaccord has poached seasoned mining specialist Andrew Quail.

Canaccord claims another buyside scalp; lures high-profile fundie

The Melbourne-based portfolio manager is well known to Canaccord having spent the last eight years at Millennium, the $100 billion hedge fund founded in New York by Iggy Englander.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Cettire has attracted no shortage of critics and champions.

Barrenjoey launches $16.5m Cettire block trade

About 15 million shares of the online retailer traded hands at $1.10 per share on Wednesday morning.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

Original URL: https://www.afr.com/topic/investment-banking-hui