Maui Capital aims for mid-2024 selldown for Indigo fund

Paul Chrystall told investors in Maui Capital's Indigo fund the fund hopes to realise the majority of its assets by mid-2024. (Image: Supplied)

Oliver Lewis

Wed, 08 Nov 2023

Maui Capital has told investors in its Indigo fund it expects to dispose of the majority of assets in the fund by mid-2024.High-net-worth individuals signed up to Indigo on a call-up basis in 2008, when shares in the fund were valued at $1.Investors had only been called on for 85 cents per share. As of Sept 30, the fund had paid out distributions of 54cps, with fund shares valued at 25c.Maui was set up by former Goldman Sachs executives Paul Chrystall and Brent Lawgun in 2008. Following a failed reset plan, Maui decided to wind down Indigo and...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Stay informed on business, government and financial developments across New Zealand.
Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].interval) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}