5 August 2009 00:55
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
Ryan Riedler, head of ASX core strategy, Australian equities at Cbus, says the fund will look to generate alpha locally through engagement and that internalisation will help it strengthen its connection with other market participants, as well as its brokers and service providers.
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