December 2014: Bluewire Media’s Toby Jenkins talks to Mark Carnegie about his marketing philosophy (inspired by Australia’s best known advertising man), the three things he looks for in an investment, and how to get a PhD in investment banking.
Read MoreCarnegie invests in new medtech company, Simplify Medical→
/December 2014: As reported in Business Insider, M.H. Carnegie & Co. is pursuing a “reverse brain drain” strategy through its medical technology investments.
Carnegie is buying innovative medical companies in America and turning them into Australian outfits that benefit from generous tax breaks for research and development. Simplify Medical is the latest of these investments.
Read MoreThe Perrett Report→
/November 2014: Mark Carnegie talks to Janine Perrett, on Sky News’ The Perrett Report, about the Australian media landscape, including cuts to the ABC, government media law changes and the digital revolution, and his broad optimism for the Australian economy.
Read MoreProductify wins Carnegie’s Den→
/November 2014: Two Sydney-based entrepreneurs, Dean Steingold and Doron Ostrin, have won the latest Carnegie’s Den pitchfest. Their company, Productify, helps to upload pictures and data to online shopping sites.
Read MoreCarnegie’s Den hears pitches from start-up entrepreneurs→
/November 2014: The Deal Magazine profiles four of the Carnegie’s Den finalists - Pointsbuild, Productify, PerformanceCentre and ComWriter.
Each finalist company is using the internet to develop a highly-specialised niche business to fulfil needs in industries including education, sales and training. The different ideas highlight how a small operator can create a business using technology to solve a structural problem or offer a better service.
Read MoreNational debate needed on inequality→
/October 2014: Michael Traill and Mark Carnegie talk at the Social Ventures Australia debate about the need for a more equal society.
“We’ve built a prodigiously successful economy for 85-90%, but we’ve left 10-15% behind,” said Mark Carnegie. “We need a national debate about the excluded class in Australia.
Read MoreWhat's the big idea?→
/October 2014: Mark Carnegie talks to Peter Wilmoth of The Weekly Review about being a ‘capitalist with a conscience’, the impact of divorce on families, and the need for an engaged community.
Read MoreMark Carnegie invests in Modern Baking in consumer goods foray→
/July 2014: The Sydney Morning Herald reports that M.H. Carnegie& Co. recently took a stake in baking minnow Modern Baking and is seeking to raise $100 million for a new fund targeting smaller fast-moving consumer goods (FMCG) businesses.
Carnegie is looking at six or seven other businesses to add to the fund. There are a huge number of small FMCG businesses that don’t just need capital but need a partner.
Read MoreCarnegie and FIIG launch loans for high-growth companies→
/July 2014: Mark Carnegie has teamed up with fixed income dealer FIIG to create Alternate Debt Services (ADS), which aims to link high-growth companies with private debt from investors chasing yield.
ADS structures and arranges high-yielding debt (senior, junior and mezzanine), hybrids and preferred equity, offering investors returns of 10 per cent to 20 per cent. It fills a “market gap” where borrowers are too risky for bank loans or simple corporate bonds but are not risky enough to produce the returns of more than 20 per cent demanded by Carnegie’s equity funds.
Read MoreJohn Singleton, Gerry Harvey and Mark Carnegie snap up Entertainment Quarter→
/June 2014: Sydney’s most popular sports and entertainment precinct, the Entertainment Quarter near Fox Studios in inner Sydney, has been bought by the trio for $80 million.
The deal was made under the philosophy that the facility, which includes the shopping outlet, movie theatres, along with the headquarters of the Australian Film Television and Radio School, has the potential for a major facelift and a renewed burst of life.
Read MoreMy fellow Aussies, ask not what Australia can do for you, ask what you can do for Australia→
/June 2014: Mark Carnegie delivered the inaugural Di Gribble Argument, hosted by the Wheeler Centre in Melbourne.
Being an Australia citizen should require more than a choice at the political smorgasbord once every three years: it should require active participation. Australia needs a form of compulsory national service, but without the military uniform. I hope this proposal will spark a debate, because debate is sorely needed in Australia
Read MoreCarnegie’s capital idea for innovators→
/March 2014: The Australian’s Andrew White talks with Mark Carnegie about successful venture capital models in Australia and the need for an effective investment and innovation ecosystem.
Read MoreThe Australian Pub Fund continues to gain traction→
/May 2013: Backed by big-name private investors and the industry fund, Sunsuper, the Australian Pub Fund acquired $65 million of new capital to continue its strategy of buying under-performing or financially distressed pubs in prime locations, and renovating them to improve their food and entertainment.
Read MoreMark Carnegie on Wisdom of the Crowd, PR, Community & Failing Fast and Small. [podcast - WMTW 057]
/Dec 2014
Podcast: Play in new window | Download
“A group of people can come up with a better decision
than any individual.” ~ Mark Carnegie
Lonsec snaps up van Eyk's iRate, customers
/November 2014: Research and investment consulting house Lonsec is focused on retaining van Eyk's financial planning customers, after agreeing to buy the failed company's iRate technology and client base from its administrators.
The parties did not disclose terms of the transaction in a statement on Thursday, but the deal covers several hundred planning practices which service about 3000 financial planners.
Read MoreInside lives of a traill blazer
/October: 2014 A former Macquarie banker has spent the past decade bringing private sector rigour to the gentle, consensual world of charity, writes Sally Patten.
Michael Traill, Macquarie banker-turned-social entrepreneur, has elected to have lunch at The Apprentice, a student restaurant run by Sydney TAFE.
Read MoreIndonesia enters new time of living dangerously
/July 2014: Poll result Both aspirants to lead this huge nation have visions for its future. But the result must not be stolen in a dodgy legal process. Mark Carnegie
There is big trouble in Indonesia. The two presidential candidates are both claiming electoral victory and neither is backing down. If Joko Widodo is named the winner as expected and Prabowo Subianto pushes ahead with the challenge he has threatened, then things could get very ugly.
Read MoreCarnegie's FMCG goes big on small
/July 2014: Mark Carnegie's private equity firm has taken a stake in baking minnow Modern Baking and is looking to raise $100 million for a new fund targeting more small fast-moving consumer goods businesses.
MH Carnegie investment director Mark De Ambrosis said the investment was the first of many to come and his team was hunting for similar opportunities in FMCG (fast-moving consumer goods). "We are currently looking at six or seven other businesses," he said.
Read MoreNational service call
/June 2014 : Venture capitalist Mark Carnegie has called for compulsory national service – but "without military uniforms" – to restore civic participation in society.
Mr Carnegie said a compulsory national service was the "maintenance program" the country needed.
Read More