Good evening,

John McCall MacBain’s Luxembourg-based private equity firm Pamoja Capital has its hands full Down Under.

On Thursday, this column revealed Pamoja-backed Australian operator of student accommodation, UniLodge, had hired UBS′ infrastructure and property team to launch a sale process that’s slated to fetch a price tag of as much as $1 billion. But that’s not all that’s keeping them busy.

Developer and fund manager Cedar Pacific, also backed by Pamoja, has hit the pavement to raise a $100 million-plus fund, reaching out to family offices and high-net-worth individuals to invest alongside management and the firm’s institutional investors in its pipeline of assets.

Read the full story tomorrow and more on the Street Talk page.

• Regis Resources seeks to squeeze the day at $3 billion Tropicana gold mine
• No brakes for Nash Capital, signs second deal from Growth Fund
• Goldman Sachs stays close to PE-backed cybersecurity giant CyberCX

• Jefferies, Mayne Pharma in spotlight after suitor’s court win
• Regal-backed Merricks delays redemptions from $1.2 billion flagship fund
• PwC Australia sells restructuring arm to Teneo for millions

The Australian sharemarket posted its strongest weekly gain since May after a third record close this week, driven by a rebound in heavyweight CSL and after BHP chief executive Mike Henry told investors commodity demand remained resilient due to Chinese demand.

Click here for the latest equity market wrap.