Exclusive research by East & Partners and Capital Brief has found that private credit take up by corporates is surging, despite growing regulatory scrutiny of the sector.
Three industry associations have cautiously backed ASIC's plan for more transparency in private markets, as the regulator flagged potential action against funds engaging in poor practices.
One of the country's largest private credit operators has released new financial data on the eve of highly anticipated new guidelines from the corporate regulator.
ASX-listed Pengana International Equities has failed in attempt to alter its investment mandate to allow it to deploy funds into the private credit asset class.
ANZ has announced its strategy for the next five years which includes a commitment to deliver ANZ Plus, its delayed new banking platform. The bank will also cancel its $800 million buyback.
The Australian Securities and Investments Commission has approved Cboe Australia’s listing market application, allowing it to list new companies on its platform.
The Australian Securities and Investments Commission (ASIC) has lifted its interim stop order on La Trobe US Private Credit Fund after the fund made amendments to its target market determination (TMD).
Macquarie Investment Management Limited (MIML) have closed 26 funds to new investment for super members and a further 11 funds to applications and all automated plans for super and pension members, as first reported by the Financial Review.