Blue Sky Alternative Investments’ assets under management and investment performance update
18
Mar
2015
From Blue Sky Alternative Investments
Mark Sowerby
Blue Sky Alternative Investments Limited (ASX:BLA) has released its latest fund investment performance, showing an internal rate of return across its funds of 15.3 per cent per annum net of fees[1] since inception in July 2006.
The company has also reached a milestone of $1 billion in fee earning Assets Under Management (AUM) ahead of its June 2015 schedule.
Blue Sky managing director Mark Sowerby commented: “In Australia and overseas, investors are increasing their allocation to alternatives and Blue Sky is well placed to capture this interest,” Mr Sowerby said.
All four of Blue Sky’s asset classes – private equity and venture capital, private real estate, hedge funds and real assets – have experienced growth in AUM this financial year.
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[1] On an equity-weighted basis to 31 December 2014.
