Australian Unity strengthens capital markets team
Australian Unity Investments (AUI) has appointed Osvaldo Acosta to the new role of capital markets analyst.
The new role will include managing debt facility covenant requirements across AUI’s 14 property trusts. Acosta will report to the head of capital markets at AUI, Carolyn Ireland.
Ireland said Acosta’s experience in treasury roles would allow the capital markets team to better manage their future funding needs and enhance control of their existing debt facilities.
AUI’s property trusts are a growing area of the business, Ireland said.
Acosta was previously the global treasury manager of Westfield Group, where he was responsible for managing funding, liquidity requirements, interest rates and foreign exchange risk across Australia, New Zealand, Britain and the United States. He was also a treasury dealer at AXA Asia Pacific Holdings.
Recommended for you
Professional services group AZ NGA has made its first acquisition since announcing a $240 million strategic partnership with US manager Oaktree Capital Management in September.
As Insignia Financial looks to bolster its two financial advice businesses, Shadforth and Bridges, CEO Scott Hartley describes to Money Management how the firm will achieve these strategic growth plans.
Centrepoint Alliance says it is “just getting started” as it looks to drive growth via expanding all three streams of advisers within the business.
AFCA’s latest statistics have shed light on which of the major licensees recorded the most consumer complaints in the last financial year.