Finance and markets
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.
The exit comes just two years after Redactive was formed. The startup had raised $19 million in funding from Blackbird, Atlassian, Zapier and Felicis Ventures.
Commonwealth Bank chief executive Matt Comyn will be at the top of the bank for another three years. Not everyone is convinced it's the right move.
The former Grok Ventures investment chief is tackling the funding gap stranding climate hardware firms between venture capital and traditional infrastructure money.
ASIC’s crackdown on disclosure and governance in private credit is weeding out the weak, and that’s exactly what SMSF investors should want.
Portfolio manager Jeff Brunton says super funds would invest more in the energy transition if contentious performance test rules are overhauled.
