Jassmyn Goh

5 days ago | capitalbrief.com | Jassmyn Goh

While all eyes are on Virgin, another new listing on the ASX this week will push the amount raised by private credit funds beyond $1 billion. And there's more to come. While the long awaited float of Virgin will capture most of the attention this week, there's another IPO on the ASX this week with significance beyond the public equity market. The La Trobe Private Credit fund is set to list on Friday, adding to more than $1 billion in capital raised for the booming sector this year.

1 week ago | capitalbrief.com | Jassmyn Goh

Woodbridge co-founder Andrew Torrington says Metrics was "smashed" over Rockpool, despite providing the kind of transparency regulators want from private credit funds. Regulators and some investment houses have been pushing for more transparency from private credit funds. But when one of the biggest operators in the booming market, Metrics Credit Partners, did exactly that it was punished.

1 week ago | capitalbrief.com | Jassmyn Goh

However, the research house raised its fair value estimate for GQG Partners to $2.10 from $2 and Pinnacle Investment Management to $15 from $14.40. The GQG upgrade was a result of Morningstar reducing its longer-term outflow assumptions due to flows holding up better-than-expected. GQG’s shares were up 0.48% to $2.10 by market close. Pinnacle’s upgrade was a result of the group “gaining share from weaker active peers”, its diversified business model and strong performance across its affiliates.

1 week ago | capitalbrief.com | Jassmyn Goh

In March, ASIC and the Reserve Bank of Australia wrote in a joint letter that they were “increasingly concerned and deeply disappointed” over the management of operational risk at ASX. In August, ASIC commenced legal action against the ASX over alleged misleading statements linked to its CHESS replacement program’s schedule. What they said: ASIC chair Joe Longo said: "ASX operates Australia’s critical markets infrastructure.

2 weeks ago | capitalbrief.com | Jassmyn Goh

Skip to contentThe private credit giant is embarking on an ambitious push into consumer lending in a bid to increase its scale and diversify its offering for investors. Metrics credit partners chief executive Andrew Lockhart has conceded he needs to do a better job explaining the complexities of his company's activities to the media as he unveiled an ambitious push into consumer lending designed to lift the firm's assets under management above $30 billion.