Yesterday
Clayton Larcombe’s fast and furious world is unravelling quickly
The fund manager turned venture capitalist had a lavish life until he was charged with domestic violence offences. Now liquidators are coming for his firm.
This Month
The elusive illiquidity premium forces private assets rethink
The guiding principle that has guided billions of dollars of institutional capital into private assets might not actually exist. That’s led to soul-searching.
Fund managers caught up in Aware, TelstraSuper $237b merger
Western Asset Management and IFM Investors have copped a redemption in the merger of Aware Super and TelstraSuper, Street Talk understands.
Weebit Nano preps $100m cash call
The fundies were yet to receive the final terms and the joint lead manager line-up was yet to be finalised as of Thursday morning.
Blue Owl co-founder says private credit has itself to blame for crisis
Doug Ostrover, now the $400 billion firm’s co-chief executive, says enormous demand for big returns is still driving investors towards the sector.
Hunting for hybrids in the shadow of the giants
In an increasingly uncertain market, Latitude Group has found a window, and the nerve to open it.
New short-attacker’s five-day window to kill a greenwasher
Meet the hedge fund duo launching “short attacks for good”, trying to tank environmental frauds, shonks and spruikers and save the planet for their kids.
From jet fuel to bad debts, good hiding places are difficult to find
It’s one of those days when fund managers prepare for one trading session in the morning, and another in the afternoon. But the tide is out on growth.
Solaris IM locks in cornerstones for new LIC, L1 Gold returns slump
L1’s unlisted gold fund’s performance – 182.7 per cent net return since inception – has taken a hit over the past two weeks. But only L1 knows by how much.
War casts shadow over fund managers gathered on idyllic Rottnest
From US hedge funds to Regal and Perennial, Euroz Hartleys’ conference on the island off Perth was in hot demand for those looking for commodities exposure.
Construction giant FDC road tests IPO pitch
It claims to have $2.3 billion of work in hand, which should bolster $1.5 billion revenue that it generated in the 2025 financial year.
Barings poaches Challenger’s head of fixed income
Pete Robinson was instrumental in Challenger’s decision to list a $350 million debt fund last year, as APRA prepared to phase out bank hybrids.
Only one in four fund managers beat the ASX last year
Data from S&P Dow Jones Indices shows returns for active Australian equities funds fell flat in 2025. But Perpetual’s Bernard Reilly says active managers are here to stay.
L1 Capital shoots towards $1b for new gold LIC, founders tip in $100m
The fundie looks like it is on track to hit the maximum fundraising limit it set itself for the listed investment company.
Why Chris Cuffe may tell investors in new fund to ‘talk to the hand’
The legendary investor’s new fund wants to use an old-school investor weapon to deliver returns: time.
Souring global private credit sentiment threatens to hit ASX funds
A crisis of confidence overseas has already led to a scramble for withdrawals from major investment houses such as Morgan Stanley, Blue Owl and Cliffwater.
It’s chardonnay and cold sweats on the trading floor in a manic market
Investors have spent the week sweating on the whipsawing oil price and share price swings. Only one thing is for sure – no one knows what happens next.
Hyperion to Firetrail name best stock picks for the AI age
Five Pinnacle-backed funds divulge their best stock picks in a time when fund managers are getting “paid to dance, but not complain about the music”.
Just watching the Strait of Hormuz misses the bigger point: Lazard boss
While the market’s glued to every titbit of news about the crucial waterway, there are much bigger things going on.
Koala IPO priced at 10.5-times FY26 earnings as books open
Dany Milham, who returned as Koala’s chief executive after the collapse of MilkRun, isn’t selling and will be its second-largest investor after the listing.
