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Nick Bolton tries to round up 99 like-minded Magellan unitholders

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Nick Bolton is stepping up his campaign against Magellan Financial’s Global Fund, writing to a select group of unitholders last week and asking them to join him to force the company to the negotiating table.

The emails, seen by Street Talk, were directed to individual shareholders, with the value of their unique shareholding calculated.

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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/nick-bolton-tries-to-round-up-99-like-minded-magellan-unitholders-20230918-p5e5n3