The first red flag for Marcus Hughes came when Mark Sowerby of skyrocketing investment manager Blue Sky spotted an award in a Sydney boardroom.
It was 2015 and Sowerby, founder and chief executive of Blue Sky Alternative Investments, had come to Hughes’ LHC Capital to talk raising money.
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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
