Even the the Australian Financial Review has now identified that the anonymous lenders are no longer "Private Investors " who have banded together, but ...wait for it.. turns out to be.." Institutional Private Investors" , which Domacom has declined to name. Who would have thought this possible.
Never than less have a read of Su-Lin Tan's article published today @https://
www.copyright link/real-estate/domacom-gets-private-lending-line-of-100-million-20180605-h10z0r
Institutional Private Investors was a bit of a mixed metaphor for me so I had to revert to a definition in the James Cook University Law Review by Lynden Griggs.
DEFINITION AND IMPORTANCE OF INSTITUTIONAL INVESTORS ON SHARE REGISTRIES OF AUSTRALIAN COMPANIES An institution investor can be defined as follows: Institutions which have as their primary role the professional investment and management of any fund established for the purpose of pooling monies paid by individual investors and invested in financial and non-financial assets.' In Australia, the ten largest institutional investors are as follows: AMP Investments Australia Ltd, Bankers Trust Australia Ltd, State Superannuation Investment and Management Corporation, National Mutual Funds Management, County NatWest Australia Investment Management Ltd, Queensland Investment Corporation, Lend Lease Corporate Services Ltd, Westpac Investment Management Pty Ltd, The Capital Group Inc and CBA Financial service^.^ The importance of these institutional investors on share registries of Australian corporations can be seen in Table l? As the table demonstrates, the life insurance and superannuation bodies together with other financial institutions, particularly the investment companies, own in excess of 33 per cent of the listed equity in Australian corporations.
Assumable these Institutional Private Investors will be providing Media Releases regarding their $100 million of allocated lending funds in their joint venture syndication so that Su-Lin Tan of the Australian Financial Review can do a follow piece of journalism.
(20min delay)
