Both articles are just typical media tripe. One overly positive...

Both articles are just typical media tripe. One overly positive and the other overly negative. The PR article is total fluff. No more than an advertorial. Crowing about how much money is raised does nothing to suggest whether the business will be successful or not. Conversely the SMH article aims to cast gloom on a situation where a private equity investment is battling to achieve forecast targets. Well that's what PE investments are like. Its always tougher than expected and there are never guarantees of success. Everybody knows these types of investments carry much higher risk than traditional ones. Its the potential for much greater returns if/when they succeed is what attracts people.

My biggest concern is that Blue Sky are not getting on the front foot with some of these stories. Just admit that some PE investments are dogs. Come clean and don't try and sugar coat everything. These are relatively small components in the Blue Sky portfolio but the aspersions being cast on them are fueling the uncertainty around the rest of the business.