Maui Capital to wind up after reset fails

Maui Capital to wind up after reset fails
Maui Capital's Paul Chrystall said the inability to reset was disappointing. (Image: Maui Capital)
Victoria Young
Maui Capital will wind up its last two funds after a plan to reset failed.Maui was set up by former Goldman Sachs executives Paul Chrystall and Brent Lawgun in 2008 to invest in mid-sized New Zealand and Australian companies.Its website said the Aqua and Indigo funds were each worth about $250 million and targeted investments of between $20m and $40m.At March 31, 2022, the Indigo fund had $41.7m of total assets from the net called capital of $83m from its non-voting redeemable preference shares, after redemptions, and uncalled capital of $22.3m...

More Investments

Token-ology: the next thing
Opinion

David Chaplin: Token-ology: the next thing

Despite promising developments, fund tokenisation remains in an experimental phase.

David Chaplin 11 Dec 2024
Rangatira eyes international stocks
Opinion

Paul McBeth: Rangatira eyes international stocks

The investment firm is finding things tough going for local holdings.

Paul McBeth 10 Dec 2024
A few of my favourite things …
Opinion

Simon Robertson: A few of my favourite things …

Books, films, podcasts and asset managers – they all lift my spirits.

Simon Robertson 07 Dec 2024
Dutch wealth fund buys big Hawke's Bay apple orchard
Property

Dutch wealth fund buys big Hawke's Bay apple orchard

Vendor John Bostock is staying on as manager of the 62ha organic property.

John Anthony 06 Dec 2024