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Waislitz’s Thorney Opportunities strikes first deal

Sarah Thompson, Anthony Macdonald and Gretchen Friemann
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Billionaire Melbourne investor Alex Waislitz ’s new activist fund has made its first investment, buying a stake in former NBN Co contractor Service Stream as part of a recapitalisation on Thursday.

As revealed by Street Talk Online, Service Stream is seeking to raise north of $20 million in a placement and rights issue through broker Wilson HTM Investment Group .

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Original URL: https://www.afr.com/technology/waislitz-s-thorney-opportunities-strikes-first-deal-20140123-ij81w