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Inside Australia’s new private equity firm for retail

It may have been a tough year for retail, but former Alceon executive director Richard Facioni is feeling bullish about its future and today, he’s putting his money where his mouth is with the launch of his private equity business, ACTA Group, focusing largely on retail. “We’re seeing more opportunities in retail and through Covid in particular, with all the changes happening, like consumer [behaviour], it’s going to set up some really interesting opportunities going forward,” he told