'Worst investment I’ve ever made:' the wind down of Maui Capital

'Worst investment I’ve ever made:' the wind down of Maui Capital
Paul Chrystall says he is also wearing the pain after some investments did not pay off. (Image: Supplied)
Victoria Young
Disgruntled investors have written to Maui Capital’s Paul Chrystall, unhappy with the performance of its Aqua fund.As earlier reported, Maui Capital is winding down its last two private equity funds after a reset plan failed.High net worth individuals signed up for the Aqua and Indigo funds - advertised at $1 a share - back in 2008 and 2012, on a call up basis, meaning they didn’t pay the money upfront. At March 2022 they had paid 82c per share for Aqua and 85c for Indigo.The valuation of Aqua is currently 78c after distributio...

More Investments

Infratil caught in global AI selloff
Markets

Infratil caught in global AI selloff

Infratil's shareholding in CDC Datacentres sees it hit by "whiff" of selloff.

How to make money in Trump's America
Opinion

Simon Robertson: How to make money in Trump's America

Buckle up. The next four years will be one hell of a ride.

Simon Robertson 25 Jan 2025
New foreign investment agency: the details
Economy

New foreign investment agency: the details

A tighter focus for NZ Trade and Enterprise will be one result.

Staff reporters 23 Jan 2025
Prime minister: It's time to stop saying ‘no’ to growth
Economy

Prime minister: It's time to stop saying ‘no’ to growth

Going for growth is now 'non-negotiable', says Christopher Luxon.

Pattrick Smellie 23 Jan 2025