KKR

Funds management

Perpetual mulls over offloading wealth and corporate trust business to KKR

Perpetual has confirmed it is in exclusive talks with global investment company KKR regarding an acquisition of its corporate trust and wealth management businesses....

Financial planning

Mercury Capital acquires 40% stake in Findex from KKR

Findex has announced private equity firm Mercury Capital will acquire a 40 per cent stake in the company from KKR as it seeks to triple in size in the next five years....

Financial planning

KKR seeks to educate advisers on alternatives usage

KKR, global investment firm and majority owner of Colonial First State, has launched an education platform for financial advisers to educate them on alternative assets. ...

Financial planning

CBA completes CFS sale to KKR

The Commonwealth Bank has completed its sale of its 55% interest in Colonial First State to private equity firm KKR....

Superannuation

KKR looks to buy Link’s PEXA for $3b

Kohlberg Kravis Roberts and Co has put in an offer to buy Link’s 44.18% share of PEXA while the firm still explores the possibility of an IPO. ...

Funds management

KKR closes US$15b Asian Fund

Global investment firm, KKR has announced it will close its KKR Asian Fund IV, a US$15 billion fund focused on investments in private equity transactions across the regio...

People & Products

CFS chair to retire from board

Anne Ward, chair of Colonial First State and Avanteos Investments, will retire from the board at the end of the year as the Commonwealth Bank looks to sell CFS to KKR....

Financial planning

Nervous MLC advisers contemplate alternatives

The recent changes to MLC’s financial planning licensee arrangements have persuaded some advisers to look at their options....

Financial planning

Platform consolidation on the horizon

Financial advisers are likely to find themselves with fewer choices of investment platforms as the sector appears to be on the brink of a further round of consolidation....

Financial planning

KKR provides CBA with chance of a dignified exit from CFS

Global private equity player KKR is about to pick up 55% of Colonial First State from the Commonwealth Bank and, as Mike Taylor writes, it resolves a lot of challenges fo...

Financial planning

35.85% of CountPlus not part of CBA/KKR transaction

Financial planning and accounting group, CountPlus has received confirmation from the Commonwealth Bank that 35.85% of the company registered to Colonial First State do n...