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13-Apr-2015

Blue Sky alternative fund targets $20 million

Listed investment company Blue Sky Alternatives Access Fund is raising up to $20 million through a 1-for-3 non-renounceable rights issue. The shares will be issued at $1 each, or a 9.4 per cent discount to the volume-weighted average price over the last 10 days to Friday.

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13-Apr-2015

Entitlement Offer to raise up to approximately $20 million

Blue Sky Alternatives Access Fund Limited (ASX:BAF) (Alternatives Fund) today announced that it will raise up to approximately $20 million through a 1 for 3 non-renounceable entitlement offer (Entitlement Offer) of fully paid ordinary shares in the Alternatives Fund (New Shares). The issue price for the Entitlement Offer will be $1.00 per New Share (Issue Price). The Issue Price represents a 9.4% discount to the ten day volume weighted average price (VWAP) of the Company’s Shares traded on the ASX over the ten days up to and including 10 April 2015.

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10-Apr-2015

Brisbane Business News uncovered the top 50 listed companies

#36. Blue Sky Alternative Investments – (ASX:BLA) BURGEONING portfolio growth has delivered strong results for Blue Sky. The fund manager posted a net profit after tax of nearly $2.5 million in HY15, up from $300,000 in the previous period. Underlying revenue also increased to $16.5 million, with EBITDA up from $0.9 million to $4.2 million. Blue Sky has continued to ride a wave of success, after achieving $1 billion in assets under management well ahead of its June 30 target. The company was also added to the All Ordinaries index. Blue Sky appears set to capitalise on further growth as alternative assets become more mainstream, backed by its investment performance history and Rainmaker data.

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7-Apr-2015

Foundation Early Learning to boost number of centres to 100

Queensland based company Foundation Early Learning wants to spread their brand of luxury childcare across the country, with a plan to own and operate 100 childcare centres by the end of the year. Managing Director John Wall said with over 40 years of childcare experience between himself and business partner Fiona O’Donnell, one of the things that sets them a part is their focus on state of the art childcare centres. The childcare operator, which already owns and manages 35 childcare centres in Queensland and some in the ACT, New South Wales, Victoria and the Northern Territory, secured a $20 million investment from Blue Sky Private Equity.

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28-Mar-2015

Numbers add up

FIVE new Brisbane residential projects worth a total of $185 million are expected to get off the ground later this year. Developed by Blue Sky Private Real Estate, the developments will deliver more than 200 one, two and three bedroom apartments across Kangaroo Point, Greenslopes and Woolloongabba.

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