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Maui Capital to wind up after reset fails

Victoria Young
Fri, 05 Aug 2022

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
Fri, 05 Aug 2022
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...

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