Greensill creditors compete for assets

Jenny Wiggins and Simon Evans

Mar 18, 2021 – 11.30pm

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About 100 creditors of Greensill Capital’s Australian parent group are expected to join the first creditors’ meeting on Friday, which will draw in Japan’s SoftBank and the US’s General Atlantic as well as Credit Suisse as investors compete over what remains of the collapsed firm’s assets.

Greensill Capital Pty Ltd, the holding company for Greensill’s main operating business that was run out of London, is owned by Soft Bank’s Vision Fund, US private equity group General Atlantic and former company directors and family members.

Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport.

Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide.