Private equity
- Exclusive
- Crowdfunding
Gold mine or Wild West? Equity crowdfunding in the spotlight
Individual investing is proving resilient, despite controversies and an intervention from the corporate watchdog.
- David Swan
Latest
A $180m deal was meant to rebuild Simon’s fortunes. Six months on, he struggled to scrape together $1m
Wilkie Creek coal mine was meant to revive the fortunes of Simon Raftery’s private credit firm. Instead, he lost colleagues, his house and became entangled in multiple court battles.
- Anne Hyland
- Analysis
- Aviation
The global turbulence behind Bonza’s backers
Bonza airlines was tipped into voluntary administration. But its problems are just part of wider questions being asked about the financial health of its backer, US investment firm 777 Partners.
- Anne Hyland
Simon handled millions for some of Australia’s richest. Then things started to go wrong
After a meteoric rise, Simon Raftery had a Sydney waterfront home worth millions and an impressive list of clients around the world. Then some of his big plays started to come undone, exposing the opaque but booming world of private credit.
- Anne Hyland
Once was adored: What went wrong with Adore Beauty
Adore Beauty entered the ASX in late 2020 with a market capitalisation of $650 million, enticing more women to invest for the first time. Now the gloss has worn off.
- Sarah Danckert
Remote employees don’t ‘work as hard’, says private equity billionaire
The boss of private equity group Blackstone claims that workers are refusing to return to their office desks partly because they enjoy a lighter workload at home.
- Adam Mawardi and James Warrington
KIIS FM owner launches $330m bid for Southern Cross Media
ARN has teamed up with private equity firm Anchorage to buy the rival radio broadcaster, having taken a 14.9 per cent stake a few months ago.
- Emma Koehn and Calum Jaspan
- Investigation
- Australian soccer
The tax haven, the PO box, the tropical island: Who owns Australian soccer
The A-Leagues’ major shareholder owns its stake in Australian professional soccer via a series of offshore tax havens, including an infamous PO box in the Cayman Islands.
- Ben Schneiders
Funeral operator InvoCare agrees to $1.8b private equity takeover
The business behind Le Pine, White Lady Funerals and Simplicity Funerals says its board is backing the deal.
- Harry Brumpton
‘Bargain hunt’: Will Australia’s biggest food producers keep getting gobbled up?
Barely two days into the new financial year, two of Australia’s biggest ASX-listed food companies are on the takeover map, and there’s more action ahead.
- Jessica Yun
Original URL: https://www.watoday.com.au/topic/private-equity-huj