Hoperidge Capital

Elle Macpherson has teamed up with a coterie of Perth-based business and wellness entrepreneurs to launch a new health company – WelleCo.

The appointment of investment banker Michael Ashforth as manager of the Bennett family’s $1.5 billion fortune highlights the maturing of Western Australia’s private wealth market.

White Star Resources has gained backing from Perth businessmen Rod Jones and Brent Stewart, who plan to invest in a $4 million capital raising to support the acquisition of Spookfish and Geospatial Investments.

Subiaco-based White Star Resources, which is in the process of acquiring a technology business, will seek shareholder approval to increase its previously announced capital raising to $5 million, to accommodate a new prominent cornerstone investor.

Andrew and Nicola Forrest’s Minderoo Group has recruited finance executive Aaron Hood to take charge of its expanding commercial investment activities.

Perth-based explorer White Star Resources says it has raised about $5.1 million and completed due diligence on its acquisition of unlisted technology business Spookfish.

Spookfish has made a solid debut on its first day of trading on the ASX after a backdoor listing, building on big gains over the past six months as investors were buoyed by the geospatial company's high-profile backers.

Fitzroy Resources is set for big changes after winning backing from prominent Perth investors Tony Grist and Rod Jones.

Tech entrepreneur Rob Newman and company director Ian Olson are leading the latest backdoor listing on the ASX, with their spatial data service Pointerra to join the exchange through a reverse takeover of Soil Sub Technologies.

Perth technology company Hazer Group wrapped up its first day of trading on the ASX, after completing a $5 million initial public offering.

A local power generator majority owned by Rod Jones’s Hoperidge Capital has refinanced its bank debt through a $44 million bond issue which the company believes will give it more flexibility, including the potential to pursue a 100-megawatt solar farm.