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Allegro Funds rules off exit at drilling outfit JSW

Turnaround private equity specialist Allegro Funds has closed out the oldest investment on its books, quietly exiting its Western Australian drilling outfit JSW after eight years in charge.

Allegro co-founders Adrian Loader (left) and Chester Moynihan. Oscar Colman

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/allergo-funds-locates-the-exit-at-drilling-outfit-jsw-20241013-p5khvs