High profile mining players David Flanagan and Jimmy Wilson have joined a team advising Viburnum on its new private equity fund, backed to the tune of $20 million by a local family office.
Melanie Hay will take over fund manager Viburnum's private equity business as the group sets about raising $300 million for its third mining industrials foray.
Viburnum Funds has acquired a 25 per cent stake in mining data company MaxMine for an undisclosed sum, signalling a long-term partnership between the companies.
Private investment group Viburnum Funds has acquired a majority shareholding in Henderson-based Cranecorp Australia in a deal believed to be worth about $50 million.
Students at the University of Western Australia have partnered with Nedlands-based money manager Viburnum Funds to set up a $20,000 student-run managed fund.
Perth-based private equity investor, Viburnum Funds, has supported a group of management and staff led by CEO Nigel Oakey to acquire control of iconic food retail group Dome Coffees from Asia based Navis Capital Partners.
Big Western Australian family investment player Wyllie Group has joined the growing local fund management sector with the launch of plans to develop a $100 million private equity vehicle.