Proactiveinvestors Australia

Proactive Investors Australia

Proactive Investors is an international finance news, media and events organisation in emerging companies across four continents.

Pdf

Blue Sky Alternative Investments to raise up to $25.5 million

Monday, December 02, 2013 by Proactive Investors

Blue Sky Alternative Investments to raise up to $25.5 million

Blue Sky Alternative Investments (ASX: BLA) will raise up to $25.5 million in an equity raising at $1.50 a share through a placement and a renounceable rights issue.

This is pitched at a a 21.1% discount to the last traded price.  The funds will provide additional capital for ongoing co-investment in Blue Sky managed funds and to demonstrate balance sheet scale to enhance conversion of potential institutional mandates.

The alternative asset manager has current assets under management of around $400 million.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

Sign up to Proactive Investors

Andrew McCrea's Research Reports
Sign up to Andrew McCrea's Research Reports and Receive Latest Research & Flash Trades
Receive Proactive Investors Newsletter, Investor Forum Invites
Receive Proactive Investors Newsletter, Event Invites, Special Stock Notifications

Comments from Proactive Investors readers

  • Fill in your details below:
Verification Code
Andrew McCrea is Sub Authorised Representative (SAR: 291331) of Proactive Investors Australia Pty Ltd
(ABN: 19 132 787 654) which is a Corporate Auhorised Representative (CAR: 413802) of RM Capital
Pty Ltd (AFSL: 221938).

Copyright © proactiveinvestors.com.au, 2012. All Rights Reserved