Perth investment banking group Argonaut has sold a 20 per cent stake in the business to Apollo Asia Opportunity Master Fund, L.P, and formed a strategic alliance with Apollo for its new merchant banking division.
Investment bank Argonaut Group is planning to substantially expand its fund management activities by raising up to $125 million for two different funds.
Perth-based consortium Hercules Energy Pty Ltd has emerged as a key player in the junior energy sector, selling its Vulcan Geothermal Pty Ltd assets to Green Rock Energy Ltd today and revealed as the power behind new IPO WildHorse Energy Ltd.
Perth-based corporate finance group Argonaut Capital Ltd has succeeded in securing an additional $1 million in advisory fees and 2.75 million options in nickel junior Heron Resources Ltd following an out-of-court settlement.
