Thought the Blue Sky Alternative Investments saga was over? Think again.
Investors trapped in the Blue Sky US Brewery Fund, an unlisted trust that holds an indirect interest in Greater Boston-based beer brewer Lord Hobo Brewing Company, have had their units revalued down a staggering 44 per cent in their latest holding and valuation statement.
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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
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
