BLA 0.00% 18.5¢ blue sky alternative investments limited

Oaktree Strategy, page-3

  1. 511 Posts.
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    Looks like BlueSky Management (Kim Morrison) and Oaktree have run off with the company's key assets. Nice sham transaction

    Extract text:

    KordaMentha said a review had been completed and would result in a restructure of Blue Sky.
    First would be a transfer of Blue Sky’s “real assets” business – water and agriculture funds – to a subsidiary of funds managed by Oaktree.
    This subsidiary was then expected to work with a new entity called Argyle Capital Partners, which would be “majority owned by Kim Morison”, KordaMentha said in a sharemarket announcement to Blue Sky investors.

    Mr Morison and his team would oversee investment management operations of the real assets business.
    Last edited by Maybe_111: 30/07/19
 
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