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AFR Street Talk: The private capital deal makers who will shape 2024

The best operators know how to strike a deal, and in 2024, there’s plenty of dry powder and more pressure to deploy. ....

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IFM Investors' NDIS biz My Plan Manager cements No.1 spot with bolt-on

IFM Investors’ private equity investment My Plan Manager has bought smaller competitor National Disability Support Partners in a deal tipped to be worth more than $40 million. ....

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Institutional manager places contractor in administration

Print
Institutional investment manager IFM Investors has been instrumental in the collapse of contractor Tandem Corp, leaving thousands without work.
According to the
Australian Financial Review, contractor Tandem Corp was half-owned by IFM and collapsed owing an estimated $3 million in wages to employees and 86 staff were sacked while hundreds more faced uncertainty about their jobs.
Directors representing IFM, which was the investment arm of 26 industry super funds and $148 billion, had put Tandem into administration after a major class action by a subsidiary prevented Tandem from winning work.
Related News: ....

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IFM's Tandem leaves workers in the lurch

IFM's Tandem leaves workers in the lurch
afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.

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