The Australian bank's Pastoral Fund management team is set to relocate to Orange from Sydney to be closer to its assets and as part of an expansion in its operations. The fund posted profits for the first time since 2011 earlier this month.
New laws and regulations emanating from Brussels over the past few years have had mixed effects on the private equity and venture capital industry, writes law firm King & Wood Mallesons in its latest Private Equity Comment.
In July we spoke to Marcus Elgin, executive chairman of AAG Investment Management, the Australian agribusiness consultancy and asset management firm. Elgin talked to us about the a disconnect between fund managers' return projections and what can actually be achieved in agri investment.