The Australian government has launched a start-up incubation program in Singapore that will focus on emerging industries, including services, and support new export market opportunities.
US-based private equity firm Platinum Equity has agreed to buy the Australia and New Zealand businesses of business products supplier Staples.
Denham Capital has agreed to take full ownership of Cradle Resources, an Australia-listed mining company that holds a 50% interest in a niobium deposit in Tanzania, at a valuation of A$55 million ($41.6 million).
The Australian government has proposed an amendment to foreign investment rules introduced in late 2015 that require some private equity firms to obtain regulatory approval when making a buyout.
Uniseed, a venture fund manager associated with the Australian government’s CSIRO research unit and a number of domestic universities, has secured A$20 million ($15.2 million) in fresh commitments for a new follow-on fund.
Institutional investors globally are looking to reduce the number of GPs in their portfolios with a view to writing bigger checks for – and having deeper relationships with – a smaller number of managers, but this lack of diversification in the LP...
Australian family offices and high net worth individuals (HNWIs) represent a huge potential source of capital for private equity, but GPs must be flexible in terms of the products they offer.
The Australian private equity market has seen the emergence of a number of new GPs – including several spin-outs – but incumbent managers told the AVCJ Australia & New Zealand Forum that they do not expect much change in the competitive landscape.
The arrival of Odyssey Private Equity – a collaborative effort by former executives from two of Australia’s best known GPs – once again draws attention to the hole in Australia’s lower middle market
IFM Investors’ private equity arm has acquired a significant minority stake in Colette By Collette Hayman, an Australian retailer of handbags and fashion accessories.
Australian superannuation fund Hostplus has committed A$85 million ($65 million) to local seed investor Artesian, taking the venture capital firm’s funds under management to more than A$150 million.
US online lender and financial services company SoFi has secured a $500 million Series F funding round led by Silver Lake for an expansion effort into Australia.
Bain Capital Private Equity has made a partial exit from Australian accounting software developer MYOB, reducing its holding from 56.25% to approximately 39.1%.
Fewer GPs are targeting Australia's lower middle market as a result of increasing fund sizes and the difficulties local LPs have writing small-ticket checks. The arrival of new PE firms is encouraging, but they aren't necessarily positioned to fill this...
Australian regulators want greater consistency in how superannuation funds report costs and fees to members. While sound in principle, the draft measure is problematic in practice, especially for private equity
AirTree Ventures has led a A$25 million ($19.2 million) investment in Australian financial technology company Prospa.
A stronger commodity price environment has spurred some opportunistic private equity investment in Australian mining services, but caution remains the mantra in this industry of capricious value drivers
Australia’s aged care segment continues to appeal to private equity investors. But GPs must be wary of the challenges posed by the government’s unique stake in the market
After more than 25 years between them at Pacific Equity Partners, Anthony Kerwick and Rob Koczkar departed in 2014 to pursue other opportunities. They have now joined forces as Adamantem Capital
Australia’s lower middle market is rich in investment opportunities but underpenetrated by private equity. Local family offices are increasingly keen on participating, although in their own way
Three former CHAMP Ventures executives have teamed up with George Penklis, a co-founder of Quadrant Private Equity, to raise a A$275 million ($211 million) Australia and New Zealand middle-market fund.
Bain Capital Credit has agreed to buy Craigcare, a residential care provider and retirement village operator in Western Australia.
Pricoa Capital Group, a private debt investment group under PGIM, Prudential Financial’s global asset management business, has established a team in Sydney to target middle market opportunities in Australia and New Zealand.