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Australasia

Lend Lease takes an $8 million stake in Daintree Networks

Australian leading dedicated cleantech investor Lend Lease further diversified its portfolio by making an $8 million investment in California-based wireless lighting control services provider Daintree Networks.

  • Australasia
  • 30 March 2010
Pacific Road invests Oz Carbon Energy

Australian private equity firm Pacific Road Capital Management will reportedly pick up a 10% stake in locally-listed coal gasification business Carbon Energy from the national Commonwealth Scientific and Industrial Research Organisation (CSIRO).

  • Australasia
  • 30 March 2010
CHAMP Ventures invests Oz woman's fitness wear

CHAMP Ventures Pty. Ltd.,the venture capital affiliate of Australian private equity firm CHAMP Private Equity, has taken a significant minority stake, apparently not far under 50%, in Brisbane-based women's fitness wear retailer Lorna Jane.

  • Expansion
  • 29 March 2010
NZ Infratil, Super Fund buy Shell NZ assets

Infratil, a major New Zealand listed infrastructure investor, and New Zealand's NZ Superannuation Fund have announced the $490 million joint acquisition of the downstream assets in New Zealand of Dutch petroleum giant Shell.

  • Australasia
  • 29 March 2010
Future Fund nixes Transurban role

Australia's SWF the Future Fund has terminated discussions to join the Canada Pension Plan Investment Board (CPP IB) and Ontario Teachers' Pension Plan (OTPP) in their $4.5 billion planned investment in local toll road operator Transurban Group.

  • Australasia
  • 25 March 2010
Lazard Carnegie Wylie starts Oz pub fund

Lazard Carnegie Wylie Private Equity has announced the formation of an A$100 million ($91 million) fund to buy Australian distressed pubs, hotels and similar hospitality assets.

  • Australasia
  • 24 March 2010
DTZ hires ex-Citi Asia property head

DTZ Holdings, a UK real estate consultancy, has hired David Schaefer, the former Asia-Pacific head for Citi Property Investors, a Citigroup investment arm, to spearhead its investment management business in Asia.

  • Real estate
  • 24 March 2010
Babson to form mezz team for Asia

Babson Capital Management, the US investment advisor claiming to manage some $100 billion of assets on behalf of global institutions, has announced the formation of a team to invest in mezzanine debt opportunities in Asia Pacific.

  • Australasia
  • 23 March 2010
CHAMP to offload Healthcare Australia

Australian buyout firm CHAMP Private Equity is reportedly exploring ways to sell its Healthcare Australia business, a transaction that could come in at A$320 million ($292.5 million).

  • Healthcare
  • 16 March 2010
AMP Capital hires new Asia infrastructure head

AMP Capital Investors, the Sydney-based investment group, has appointed Boe Pahari as its new Head of Infrastructure Asia Pacific, further expanding its international infrastructure investment business, in operation since 1994.

  • Australasia
  • 10 March 2010
smiles-from-gary-stead-dan-schwartz-and-philip-bilden
All smiles in Sydney as ANZ upbeat

AVCJ Forum ANZ highlights market strengths, local skills

  • Australasia
  • 09 March 2010
Oz LP moves bring Myer's Eliopoulos to Telstra, Connolly to Russell

Turnover among senior Australian LP personnel is seeing John Eliopoulos, formerly CIO with the Myer family office, to pension fund Telstra Holdings as head of domestic equities, while Nicole Connolly, hitherto portfolio manager for alternatives at Telstra,...

  • People
  • 09 March 2010
Buyouts still viable in Asia Pacific: ANZ Forum

GPs, LP and other market players at the AVCJ Private Equity & Venture Forum \ ANZ 2010 confirmed that they feel buyouts are still viable deals in Asia Pacific, as long as targets are exceptionally strong.

  • Australasia
  • 04 March 2010
Private equity mood upbeat at ANZ Forum

The mood and sentiment among private equity GPs, LPs and advisors at the AVCJ Private Equity & Venture Forum \ ANZ 2010 in Sydney appears distinctly upbeat, showcasing the strength of Australia's macroeconomic fundamentals.

  • Australasia
  • 04 March 2010
LPs divided on ILPA principles at Australia Forum

At the AVCJ Private Equity & Venture Forum \ ANZ 2010, the principles promulgated by the Institutional Limited Partners Association (ILPA), which this group hopes will garner more backing from global LPs, in an effort to homogenize private equity industry...

  • Australasia
  • 04 March 2010
Asst Treasurer Sherry cites “fair and equitable” tax in Oz Forum

Australia’s Assistant Treasurer, Senator the Hon. Nick Sherry, repeatedly referred to Australia's desire to promote a "fair and equitable tax system," as he opened the AVCJ Private Equity & Venture Forum \ ANZ 2010 in Sydney.

  • Australasia
  • 04 March 2010
PEP seeks 2H10 Hoyts IPO

Pacific Equity Partners reportedly may be seeking to list Australian cinema business Hoyts Group in the second half of 2010, with a potential value of up to A$1 billion ($900 million).

  • Australasia
  • 03 March 2010
australia-s-channel-nine-an-asset-of-pbl-media-one-of-australia-s-biggest-mezzanine-financings-to-date
Australia: Ripe for mezz

Mezzanine may increase its presence in Australia, but not overnight

  • Australasia
  • 03 March 2010
citylink-near-melbourne-in-australia-operated-by-transurban
Australian market prospects: Clear roads ahead?

Investment opportunities in an uneven economy: Part 2

  • Australasia
  • 03 March 2010
Rho Ventures gets Effective in Oz

New York and Palo Alto-based VC investor Rho Ventures has made a $4 million Series A investment in Australia's Effective Measure, a startup developer of measurement solutions for online audiences.

  • Australasia
  • 24 February 2010
kangaroo-cc-srmurphy
Australasia bounces back for buyouts

The Lucky Country for big funds – or is it?

  • Australasia
  • 24 February 2010
Industry Q&A: Matthew Arkinstall, Greenpark Capital

Matthew Arkinstall, Investment Director at leading secondaries specialist Greenpark Capital, gives his view of the current investment environment in Australia.

  • Australasia
  • 23 February 2010
grain-harvesting-operations-part-of-graincorp-s-enlarged-business-post-the-united-malt-deal-with-champ
Australia’s varied markets

Investment opportunities in an uneven economy

  • Australasia
  • 23 February 2010
Stokes Seven deal bets against media

Australian billionaire Kerry Stokes has merged publicly-listed media group Seven Network, which he co-owns with Kohlberg Kravis Roberts & Co., with his unlisted heavy machinery and mining business WesTrac, in an A$1 billion ($900 million) all-share deal.

  • Australasia
  • 22 February 2010
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