In creative Macquarie deals like the $1.5 billion Nuix IPO, there’s a moment best titled, Mandrake Gestures Hypnotically.
The 1930s comic strip Mandrake the Magician had a regular moment when the heroic hypnotist gestures and suddenly things disappear. With Nuix, it’s co-founder Eddie Sheehy’s $110 million options package.
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Neil Chenoweth is an investigative reporter for The Australian Financial Review. He is based in Sydney and has won multiple Walkley Awards. Connect with Neil on Twitter. Email Neil at nchenoweth@afr.com.au
