Is it finally game on at the Magellan Global Fund, the investment vehicle that has caught the attention of Keybridge Capital’s Nick Bolton and his offsider, ex-Domain chief executive Antony Catalano?
Bolton, Street Talk has been told, is telling those close to him that he now has enough support from unitholders in the listed $2.9 billion trust to call for a meeting and attempt to wind up the vehicle. Unless Bolton can wind up the trust before March, millions of options that he holds could expire.
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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
