05/08/2009
Platypus is now liquidating its funds and returning capital to investors. When this is done, its four partners will take much of the remainder of 2009 off to “rest and research” and consider further ideas, such as finding an incubator to partner with. “We may look to rebuild provided we are able to obtain the patronage of a suitable ‘big brother’ who can assist us with marketing, compliance and business risk issues.” Their ideas should be known in the fourth quarter, Talbot said.
partner, ; mso, talbot, madoff, platypus
Canada has established its first national-level sovereign wealth fund with a seed of C$25 billion to underwrite “nation-building” projects like ports, mines and energy infrastructure. In an unusual funding mechanism, the fund will issue a retail product that will allow individual investors to invest with the SWF and “participate in Canada’s growth”.
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We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
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