BLA blue sky alternative investments limited

Macquarie go substantial in BAF

  1. 28 Posts.
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    Haha. Well played Macquarie.. You don't have to be Einstein to work out Macquarie will next be agitating shareholders to take over as the manager. Too many young pompous management consultants drinking the coolaid up in the 111 ivory tower. Hubris always wins.
    BLA is now a company in wind down mode and anyone who thinks otherwise has rocks rolling around in their head. Operating costs are almost $45m annually for BLA. One would think raising money in new projects (so they can rip out the doozy up-front management fees to fund the operating costs) is now impossible..
 
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