octaviars debt to pif, page-21

The more I learn the more I need to learn..so your input is very welcome...

After reading Riskmetrix in its entirety and trying to understand it...
I can see a model that has to grow to sustain itself and relies on inflation to remain profitable.
It also has a Sponsor that has or locates the assets for the manager but still keeps some control and benefits.

I dont see MFS AU as the sponsor,merely the listed manager earning fees...I wonder about the 'SPONSOR"???
This whole model would make more sense to me if a government was the sponsor..
Can governments trade as private companies on the stockmarket having manager cos and funds? OR...
Could BnB have been the sponsor and that is how both founders, King and Adams,started with 64 million shares that were margined to BnB?or whoever..
I warn that these details have just come from news articles and may be incorrect..

Another news article mentioned that GPM could not buy the management or RE?? because that is the way it was set up..
OCV will need "serious lawyers" to unwind this.

Michael King and Philip Adams, both solisitors...appeared to have been "sponsored" and followed this Model of operation.

What do more informed and knowlegable people think?