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AMB :- KKR taps $1.3bn Global Impact Fund to invest in Australian carbon offset business Greencollar

Laxman Pai, Opalesque Asia: Global private equity giant KKR has backed Australian carbon offsetting specialist GreenCollar through its $1.3bn Global Impact Fund, which is focused on generating risk-adjusted returns by in...Article Link

KKR taps $1.3bn Global Impact Fund to back Australian carbon offset business Greencollar

Global private equity giant KKR has backed Australian carbon offsetting specialist GreenCollar through its $1.3bn Global Impact Fund.

KKR Invests in Leading Australian Environmental Markets Platform GreenCollar

SYDNEY--(BUSINESS WIRE)-- Global investment firm KKR and leading Australian environmental markets platform GreenCollar (“the Company”) today announced that KKR has invested in GreenCollar to advance the Company’s mission to provide commercial solutions to climate change

Oaktree’s Watco Buys Short Lines from Dow

Watco Companies, a portfolio company of Oaktree Capital, has agreed to acquire the short line rail assets and related equipment of six North American manufacturing sites from Dow Chemical. Watco is a provider of transportation

Bain Capital’s Virgin Australia buyout under fire from bondholders pushing to make own offer

Bain Capital's agreed buyout of coronavirus-stricken airline Virgin Australia could be under threat by bondholders attempting to make their own offer to creditors.

Cirque du Soleil Gets Stalking Horse

In response to the disruption and forced show closures as a result of the COVID-19 pandemic, Cirque du Soleil Entertainment Group has filed for protection from creditors in Canada – under the Companies’ Creditors Arrangement

Australian business bank Zeller raises AUD $6.3m ahead of 2021 launch

New alternative business banking platform Zeller has reportedly raised AUD $6.3m ($4.3m) in a funding round as it aims for a 2021 launch.

‘Crippling financial impact’ of Covid-19 puts PE-backed swimsuit maker Seafolly into administration

L Catterton-backed swimsuit maker Seafolly has fallen into administration due to the "crippling financial impact" of the coronavirus crisis.

KKR Appoints Nicholas Hyde as Managing Director to Lead Client Partner Group in Australia & New Zealand

SYDNEY--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the appointment of Nicholas Hyde as a Managing Director to lead KKR’s Client Partner Group in Australia and New Zealand. Mr. Hyde will be responsible

CBA Announces Agreement to Sell 55% Stake in Colonial First State to KKR

SYDNEY--(BUSINESS WIRE)-- Commonwealth Bank of Australia (CBA) today announced it has entered into an agreement to sell a 55% interest in Colonial First State (CFS) to KKR, a global investment firm with US$207 billion of

Bain Capital triumphs over PE competitors in bid to buy coronavirus-stricken Virgin Australia

The battle to buy coroanvirus-stricken airline Virgin Australia is over after Bain Capital won the bidding war to buy the business.

Bain Capital agrees to buy Virgin Australia

US private equity firm said it would recapitalise the carrier so it can survive until demand returns

Virgin Australia bondholders look to stamp out private equity takeover with debt-for-equity offer

Bondholders of struggling airline Virgin Australia have made a last-ditch bid to keep the company out of the hands of private equity firms bidding for the beleaguered business.

CoolSys Closes Fifth Add-On

Source Refrigeration Holdings (DBA CoolSys), a portfolio company of Ares Management and the parent company of refrigeration and HVAC companies nationwide, has acquired Eastern Refrigeration. Ares Management acquired CoolSys from Audax Private Equity in March

Coronavirus user surge helps Canva strike $6bn valuation through latest VC investment round

Australian design software company Canva has surged to a $6bn valuation thanks to its latest venture capital-backed investment round.

Riverside passes $260m for latest Asia-Pacific fund, rebranded as Australia Fund III

Riverside has raised more than $260m towards its latest Asia-Pacific fund, which the firm has rebranded to underline its heavy focus on the Australasian market.

Mercury Capital has bought Bauer Media Australia

Private equity firm Marcury Capital has acquired massive magazine publisher Bauer Media Australia in a deal reportedly being for “less than $50m”. The comments about the size of the deal were made in the Australian

Crisis Talk – John Hempton, CIO of Bronte Capital: ‘good things happen to bad people’

John Hempton, the Australian short seller and self-styled eccentric, believes fraudulent companies will soon become evident in the corporate rubble left by the coronavirus pandemic. Hempton, who has bet against 1,100 companies over the course

Woori prepares to make Kangaroo bond debut

Woori Bank is set to make its Kangaroo bond debut, seeking to tap the Australian dollar market to fund its coronavirus response.

Taylor returns to Goldman for Australia ECM job

Ian Taylor has rejoined Goldman Sachs, as head of equity capital markets for Australia and New Zealand, following a short stint at a fintech-focused merchant bank in the US.

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