COG 0.85% $1.16 cog financial services limited

News: COG Consolidated Operations Group Says Patrick Tuttle Appointed Non-Exec Chairman, page-14

  1. 197 Posts.
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    Heard directly from the horses mouth from a leading PE fund in Australia (like one of the big ones, similar to KKR, but not them), has just kicked off going after the equipment finance/car loan - the non real estate areas of lending that the banks are abandoning.  These guys only want to write $100m+ cheques minimum.  Given it's a fragmented market, and COG seem to be the only one mopping them up, i think a COG would be directly on their radar.  I know it was in the AFR but i've heard direct evidence of this now. 
 
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