Defined benefit public pension plans are one of PE’s biggest bank rollers, so the rise in defined contribution plans – that tend to favor liquid assets – is a long-term concern. There...
Fundraising | 07 Nov 2013 |
KKR is reportedly planning a December IPO for Australian mining logistics company Bis Industries, with marketing to institutional investors to begin this week.
Australasia | 05 Nov 2013 |
Warburg Pincus has exited its one third holding in Australian waste management firm Transpacific Industries Group via the public market, generating proceeds of around A$570 million ($540 million).
Exits | 04 Nov 2013 |
Interest in Asian real assets has surged as investors look to higher growth emerging markets for income and upside. Opportunities run from real estate to infrastructure, and in some cases offer a bit of both
Real estate | 30 Oct 2013 |
The Blackstone Group is looking to increase its investments in Australian real estate and private equity, according to Stephen Schwarzman, the firm’s co-founder.
Buyout | 29 Oct 2013 |
KKR is said to be interested in buying Macquarie Group’s take in Regis Aged Care, one of Australia's largest private senior care home operators. There is significant private equity interest in the aged care space, which is seen as ripe for consolidation....
Buyouts | 28 Oct 2013 |
Pacific Equity Partners (PEP) is hoping to raise as much as A$340 million ($326 million) through a sale of new shares as it looks to launch the Australian IPO of credit-checking firm Veda Advantage this December.
Buyouts | 25 Oct 2013 |
Online jobs marketplace Freelancer.com has filed for its initial public offering on the Australian Securities Exchange with a view to raising A$15 million ($14.43 million). Startive Ventures owns 42% of Freelancer, chief executive Matt Barrie has 50%...
Australasia | 25 Oct 2013 |
Quadrant Private Equity is set to buy joint venture partner APN News & Media's interest outdoor advertising venture APN Outdoor for A$69 million ($66.5 million).
Australasia | 24 Oct 2013 |
Australia’s Future Fund increased its private equity allocation from 6.3% to 7.2% over the 12 months to September 2013 as overall assets grew to A$91.7 billion ($88.5 billion).
LPs | 24 Oct 2013 |
Quadrant Private Equity completed its exit from New Zealand retirement village operator Summerset last week but demographics remain a prominent theme in the firm’s portfolio with the acquisition of Estia Health, an Australian aged-care provider.
Buyouts | 23 Oct 2013 |
Quadrant Private Equity is reported to be planning an IPO of Burson Auto Parts, two years after acquiring the company.
Australasia | 22 Oct 2013 |
Industry Funds Management has changed its name to IFM Investors. The move comes shortly after the Australia-headquartered group consolidated its private equity and private assets divisions into one team and as it expands its presence in global markets,...
Australasia | 21 Oct 2013 |
Quadrant Private Equity has fully exited New Zealand retirement village operator Summerset via the public market, generating an estimated return multiple of more than 3.7x. In the same week, it acquired a majority stake in Australian aged-care operator...
Australasia | 18 Oct 2013 |
Blumont Group has received $200 million in new funding from New York-based investment firm Platinum Partners, half of which will be used to buy convertible bonds in Australian copper miner Discovery Metals, previously a target of Chinese private equity...
PIPEs | 18 Oct 2013 |
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Join us at the 11th Annual AVCJ Private Equity & Venture Australia and New Zealand Forum on 5-7 March at the Four Seasons Hotel in Sydney to find out how funds of varying size are raising capital, sourcing deals and exits, as well as all you need to know to effectively navigate Australasia's changing alternative asset landscape.
After a decade-long mining boom the economy is experiencing a loss of momentum and the resulting deal flow reduction and lack of value in the market means GPs are chasing many of the same acquisition targets. That said, the exit market is recovering with both IPOs and M&A activity picking up, and an increase in LPs appetite for the asset class, and the recent government change means that the industry is cautiously optimistic for the future and expecting a rise in activity over the next 12 months.
5-7 March 2014, Four Seasons Hotel, Sydney