US Private Equity Eyeing Aussie Market

Posted by Anton Murray Consulting on 7 Apr, 2015

Legislative changes coupled with a falling Australian dollar are drawing US-based private equity firms to the Australian financial services market, says Chase Corporate Advisory.

Scott Hodder

Chase Corporate Advisory principal and managing director Jeff Singh said the recent surge in M&A activity in Australia has piqued the interest of acquisitive US private equity firms.

Mr Singh said the interest has been driven by “widespread structural changes” within the mid-tier of Australian financial services.

“There are a number of reasons for the increased activity, but the falling Aussie dollar, rising equity market and significant legislative change are chief among them,” Mr Singh said.

“US private equity firms eager to get a foothold in the Australian financial services sector see real opportunities at the moment, and they are aggressively pursuing an acquisition agenda,” he said.

Mr Singh pointed out that the Australian funds management sector is playing a significant role when it comes to increased M&A activity.

“Fund managers know that they must evolve and grow if they are to continue to remain competitive and keep their slice of the investment market, particularly as the great big pool of superannuation money grows ever larger,” he said.

Mr Singh added that there is increasing demand for firms looking for specialist advice to assist in the transaction process.

“Financial services firms looking at buying, selling or merging their businesses understand that they need advisory firms which specialise in the mid-market level, and which can advise at every stage of the process, from origination of deals, right through to due diligence and execution,” he said.

“In a market where the only constant is change, it’s really important that financial services firms make use of professional, high-quality advice if they are to make the right decisions and remain competitive.”

InvestorDaily

Latest market insights

Global X ETFs introduces US infrastructure development fund on ASX

› Read more

GDG confirms Lonsec acquisition 

› Read more

Australian Ethical to grow FUM above $12bn with new acquisition

› Read more

Total super assets climb past $3.8 trillion

› Read more

Active Super, Vision Super confirm merger date 

› Read more

X feed

Australian Ethical to grow FUM above $12bn with new acquisition: https://ow.ly/wRtK50Sbo7B

Total super assets climb past $3.8 trillion: https://ow.ly/LXkZ50Sbo0s

Our client is seeking a manager for the Performance and Analytics team in Singapore, responsible for the leadership and management of one of the two reporting and analytics teams within the P&A function: https://ow.ly/WmG450SamqA

The successful candidate will have responsibility for providing Client Service Management and Operational support services for clients in the Alternative Unlisted assets industry including Property, Private Debt, Credit and Private Equity funds: https://ow.ly/FfT250S6lGs

Sign up to our newsletter

Sign up to our newsletter

"*" indicates required fields

By subscribing to our newsletter I agree to the collection, use and disclosure of my personal information in accordance with our Privacy Policy