Sponsored by

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...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets FREE
A2 shares plunge over FDA formula deferral
Staff reporters | Wed, 10 Aug 2022

A2 shares dropped 11% to $5.01 in early morning trading opened but made up a bit of lost ground by the end of the day.

Tourism needs to 'embrace' job-sharing to spur recovery – report
Brent Melville | Wed, 10 Aug 2022

An industry that lost more than a third of its workforce during the pandemic needs to start thinking differently about work sharing.

Primary Sector
A2 Milk gets shot down because of issues in application
Rebecca Howard | Wed, 10 Aug 2022

The FDA continues to work around the clock to address current supply challenges, including reviewing a number of requests from manufacturers for enforcement discretion, as quickly as possible, a spokesperson said. 

A clearer path to the cloud

Step-by-step cloud transition can bring benefits, experts say.

Energy of the future: Why we need innovation

The Tomorrow’s Energy Today conference is looking at ways to develop a clean, affordable and reliable energy future, says Brendan Winitana, chair of the Sustainable Energy Association New Zealand (SEANZ).