Publicly listed agricultural property investment company, The Ark Fund, has announced a $55 million capital raising and an implementation agreement to effect its merger with private managed investment scheme player Rewards Group.
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.