News
Aura Group Appoints Advisers to Explore ASX Listing
Aura Group has hired brokers, lawyers and an auditor as it weighs floating on the ASX within two years, alongside a planned pre-listing capital raise to fuel expansion.
Managing Director · Founder, Aura Group
Calvin Ng
Roles
Coverage
Stories naming Calvin Ng. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Key hire
Aura Group Welcomes Jason Coggins to Advisory Board
Aura Group has appointed investment industry veteran Jason Coggins, formerly of Koda Capital, to its advisory board, adding research and governance experience as the manager grows its Asia-Pacific alternative assets business.
Unnamed stage
Eyes on the Horizon, Heads Down in Focus: 2024 Year in Review
Aura Group's 2024 retrospective: team growth, a senior distribution appointment, award-winning fund performance, nine startups added to its portfolio, a SPAC funding round with OSK-SBI leading, exits, divestments, plus a new XT Ventures alliance.
Unnamed stage
$20m
Aura Ventures Achieves its Third Exit in the Last 12 Months
Aura Ventures has signed a deal to sell its Integrated Portfolio Solutions stake to DASH Technology Group, its third divestment within a year, after DASH raised $20m from Bailador in July.
Also Bailador·Aura Group portfolio·Australian FinTech·Startup Daily·Startup Daily·Startup Daily·Australian FinTech
Key hire
New Hire will be Instrumental in Driving Aura’s Growth
Aura Group has hired Dan Annan, a two-decade funds management veteran from BlackRock, BetaShares and Cosmos Asset Management, to lead distribution across its institutional and high-net-worth channels.
News
Riding the Wave: Redundancy in 2022 and Beyond
Aura Group's Calvin Ng reflects on his own 2008 layoff, discusses current tech layoff trends and economic conditions, and encourages redundant workers to see job loss as an opportunity, noting his firm's recent team growth.
Key hire
Changing World Order 3.0 – Could Bitcoin become a Reserve Currency?
Aura Group announces Calvin Ng's appointment as a director of portfolio company BNK Banking, then analyses Ray Dalio's work on shifting world orders and whether Bitcoin could become a global reserve currency.
Exit / M&A
BNK Banking Corporation Limited sells Finsure to MA Financial Group Ltd
Aura Group reports BNK Banking Corporation has agreed to sell mortgage aggregator Finsure to MA Financial Group for $151.6 million, with APRA approval received and completion expected in early February 2022.
Funding announcement
Managing Director Calvin Ng joins portfolio company BNK as Director
Aura Group announces managing director Calvin Ng has joined BNK Banking Corporation's board as a non-executive director, alongside independent director Michelle Guthrie; the article also recalls Finsure's merger with Goldfields Money.
Also Aura Group portfolio
Exit / M&A
Somers Limited acquires 15% stake in Aura Group
Aura Group announces Bermuda-listed investment holding company Somers Limited has bought a 15% minority stake in it, with Somers' manager ICM expected to collaborate on investments across the Asia Pacific region.
Exit / M&A
GAMURS Group acquires Pro Game Guides
Esports media network GAMURS, backed by publisher Aura Group, has acquired gaming guides site Pro Game Guides, with Aura financing the deal; executives from both companies and Aura's fund are quoted.
Exit / M&A
Aura Group surpasses $500 million in funds under management
The investment firm reports its funds under management passed $500 million in September 2020, notes strong inflows, a top fund ranking, a newly launched multi-strategy fund, and realised exits from several portfolio companies.
2 deals
Announcing the Successful close of Aura Conduit House Hospitality Fund I
Aura Group and Conduit House closed their hospitality fund and channelled USD$60 million of structured credit into Tantakitt for renovating Bangkok's Montien Hotel; the article also recalls Aura's Vibe Hotel Darling Harbour exit.
Also SmartCompany