Interested to hear people thoughts on Blue Sky, I like the idea of getting exposure to the non-listed companies that they invest in via their private equity division. Goal is medium - long term, stable hold with growth Regards
The rise and fall of Blue Sky: A timeline from ASX powerhouse to pariah Fund manager Blue Sky Alternative Investments (ASX: BLA) ended its 7.5-year run on the ASX after going into receivership. At its peak the Brisbane-based investment firm was worth almost $1.2 billion, with capital raisings easily fulfilled and an aggressive investment strategy fuelling global interest.
GVF have accumulated a big stake in BLA in recent months at attractive discounts. It is now one of GVF's top 5 holdings.
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