There’s an interesting debate that has had increasing relevance for superannuation funds and their investors this year as markets have entered an uncertain era.
US private equity firm Paine Schwartz Partners grabs a 13.8 per cent stake in Australia’s largest horticulture grower.
Wagering sources said Apollo Global Management,Blackstone and Washington H. Soul Pattinson had all offered to finance the bid.
Forget about a summer of sport,private equity is the main game in town,as it seeks to take stakes in a collection of sporting organisations from cricket,rugby union,soccer,tennis and netball.
Sporting teams and leagues are becoming serious investments for global firms managing billions of dollars.
The key to success will be to partner with quality private equity managers who are disciplined,cycle-tested and possess strong operational capabilities.
Fertility treatment providers are predicting an IVF boom as we emerge from the pandemic,and private equity is taking notice.
The owner of Village Roadshow says its ongoing viability hinges on the Omicron wave not triggering new restrictions on its cinemas and theme parks,after COVID-19 inflicted another heavy loss on the group.
Colonial’s executive chairman Rob Coombe pledges an extra $430 million in investment,and says the private-equity-backed wealth manager is open to buying other funds.
Australia has consistently produced world-beating cricket teams,and there is little reason to fear it is not sustainable. So,why should Australian cricket chase more money?
Star Entertainment has been caught with its regulatory pants down,making it difficult to get in the race for the future ownership of its biggest rival. But will Blackstone’s offer be enough?