News - SLM Corporate

07 May

SLM arranges Convertible Note financing for Rounded

In Announcements,Capital Raising,News by SLM / May 7, 2018 / 0 Comments

We are pleased to announce that SLM Corporate has assisted Rounded Pty Ltd in a successful raising of expansion capital.  The raising was completed by way of the issue of Secured Convertible Note to Australian sophisticated investors within SLM’s network.

Rounded is a privately owned Australian fintech and SaaS company that has developed an accounting app catered specifically for use by freelancers and sole traders.  Rounded provides a simple and intuitive solution accessible via either mobile or web interface and is partnered with other fintech applications such as PwC Airtax.

The funds raised will enable Rounded to supercharge the growth of sales and marketing capability in Australia, with the potential to expand globally.

For further information, please contact:

Barry Lewin
Managing Director
Ph: 03 9244 9644 or 041 9032493
Email: barry.lewin@slmcorporate.com.au

20 Apr

SLM raises capital for Verifier

In Announcements,Capital Raising,News by SLM / April 20, 2018 / 0 Comments

SLM Corporate is very pleased to announce that it has assisted Verifier Pty Ltd in a successful raising of expansion capital. The raising was completed by way of the issue of fully paid ordinary shares to investors within SLM’s network.

Verifier is a privately owned Australian fintech and SaaS company developing a consumer-driven data sharing platform for online income verification. It allows lenders to verify the income of an applicant at real-time while giving consumers and data providers full control of their permissioned data. The business is led by Lisa Schutz, the CEO and founder, who has extensive experience – at BCG, as Vice President of MasterCard for Australia, as General Manager, PostConnect for Australia Post and as an analytics adviser to PwC.

The result provides Verifier with an excellent platform for further developing its technical capabilities as well as in the growth of sales and marketing capability in Australia, with the potential to expand globally.

SLM and its investors are especially delighted to be participating in this investment, with income verification and privacy the subject of an important focus at a time when the Financial Services Royal Commission has highlighted that a significant portion of Australia’s $1.7 trillion home mortgage market is made up of “liar loans” based on incorrect information.

For further information, please contact:

Barry Lewin
Managing Director
Ph: 03 9244 9644 or 041 9032493
Email: barry.lewin@slmcorporate.com.au

12 Apr

Since the start of the year, SLM has been active in a variety of capital raisings

In Capital Raising,News by SLM / April 12, 2018 / 0 Comments

SLM has an extensive network of sophisticated investors and strong relationships with originators of high quality investment opportunities across property, debt, listed equities and private equity asset classes. Since the start of the year, SLM has introduced investors to, and raised capital for, several opportunities including:

– DMX Capital Partners (DMXCP) – DMXCP is an unlisted public company which invests in undervalued and under-researched ASX-listed small and micro-cap companies using a fundamentally driven, bottom-up stock picking approach. Compared to the All Ords index, DMXCP has achieved 79.6% outperformance from inception (April 2015) to February 2018.

– Elanor Commercial Property Fund (ECPF) – ECPF is an unlisted fund managed by ASX-listed specialist property fund manager Elanor Investors Group (ASX: ENN) which invests in high investment quality office assets with strong underlying cash flows and significant value add potential. The Fund currently has 3 assets (2 office buildings in suburban Brisbane and 1 in Adelaide) and is offering investors a circa 9.6% distribution yield with modest gearing and significant scope for capital growth.

– Barwon Healthcare Property Fund (BHPF) – BHPF is an open ended fund which invests in properties in the healthcare sector with an existing portfolio which comprises hospitals, private specialist facilities, diagnostic and laboratory facilities, public health facilities, day surgeries and medical centres. The portfolio is underpinned by long term leases to blue chip government and private sector tenants. The Fund returned 10.55% (pre-tax) for the year ending December 31, 2017, comprising 6.85% of income distribution and 3.70% of capital growth.

For more information on these and future investment opportunities, please contact:

Barry Lewin or Eugene Tong at SLM – 03 9244 9644

05 Sep

SLM Corporate advises the Northern Land Council and traditional native title holders on a giant prawn farm project ILUA in the Northern Territory

We are delighted to have acted as economic and financial advisers to the Northern Land Council and traditional native title landowners in the negotiation of a long term Indigenous Land Use Agreement covering all phases of development and production of the $2 billion Sea Dragon prawn farm on Leguna Station, near Kununurra, East Kimberley.  When completed, the project sponsor Seafarms Group (ASX: SFG) will be the largest tiger prawn producer in the world, generating significant financial and other benefits to traditional owners.

SLM’s role included a detailed economic assessment of the project, economic modeling, benchmarking and advice on royalties and other financial benefits to the traditional native title landowners, assistance with the negotiations, and the drafting of the relevant financial benefits clauses in the ILUA.

Our indigenous economic advisory practice has enjoyed a busy 12 months, with a number of significant engagements, including advice to the Kokatha Aboriginal Corporation on Oz Minerals’ Carrapateena Project, advice to the Wajarri Yamatji on the Commonwealth Square Kilometre Array Project, advice to the Central Land Council on the Lake Mackay Gold and Base Metals Project and advice to Taungurung Association on its compensation negotiations with the State of Victoria.

For further information, please call Barry Lewin on 03 92449644.

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