ORG ASX: Origin takeover bid has a fee bonanza behind it
The mammoth deal is rewriting the rules of M&A in Australia. Just off-stage are a cast hoping to wet their beaks on the result.
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The mammoth deal is rewriting the rules of M&A in Australia. Just off-stage are a cast hoping to wet their beaks on the result.
The result compares to the $5.3 million in profit the investment bank recorded for the year before.
Three decades since Caledonia, Australia’s largest and most private hedge fund, was created, it still follows its bigger bets with an almost religious fervour.
The private lunch between Barrenjoey and RBA governor Philip Lowe was instigated by the start-up investment bank amid questions over the outlook for inflation.
Barrenjoey has launched a new social purpose portfolio management company, Community Capital, with a cornerstone investment from Australian Retirement Trust.