Well, sort of. It’s expected to take a couple of weeks for activity to ramp up, as boards and their financiers get to grips with Australia’s new regime and what it’s likely to mean for the economy and business.
In Street Talk tonight, we have caught wind of a new strategy out of the country’s biggest equities house (by broking commission, at least) Regal Funds Management.
Regal’s started talking to family offices seeking seed backing for a new private credit fund, to be run by an ex-Goldman Sachs special situations bigwig.
Soon-to-be-listed Regal Funds Management is readying an assault on the Australian private credit market, starting with a $200 million-odd fund slated to launch on August 1.
While Mike Cannon-Brookes and AGL Energy hog the limelight in large caps, in small caps land the epic battle for IVF provider Virtus Health is set to come to a head.