Latest News

9-Jun-2016

Podcast: Morgans Executive Series

Morgans Adviser, Chris Titley interviewed Mark Sowerby yesterday in the latest episode of the Morgans Executive Series. The interview provides an insight into the history and growth of Blue Sky and highlights the guiding principles of the business.

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27-May-2016

Queensland start ups: How to spot the next big thing

In business, much like in fairy tales, unicorns are rare, mythical creatures. The unicorn is the illusive fantasy of tech start-ups and investors searching for the next billion-dollar idea. Yet less than 0.1 per cent of start-ups will ever see their companies transform into these rare beasts. Elaine Stead is one such visionary. As Blue Sky Venture Capital director, Stead has been instrumental in the success of some of the coolest early stage businesses, including custom shoemaking website Shoes of Prey, which is among only a handful of Australian brands stocked in US retail giant Nordstrom, and e-commerce website Vinomofo, which aims to take the pretension out of fine wine.

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13-May-2016

Blue Sky raises $45 million in first stage of capital raising

Friday 13 May 2016 – Blue Sky Alternative Investments Limited (ASX: BLA) has successfully raised approximately $45.1 million through a placement and the accelerated component of a one for ten entitlement offer to professional and sophisticated investors. This first stage of Blue Sky’s capital raising was heavily over-subscribed. All eligible shareholders will now be able to participate in the second stage of the capital raising, a one for ten non-renounceable entitlement offer to raise a further $21.7 million.

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13-May-2016

Distribution deal lifts Klim’s China prospects

The Australian – The skincare product company owned by former Olympic swimmer Michael Klim has followed the lead of vitamins giants Blackmores, Swisse and Nature’s Care by signing a distribution deal with the category killer of the pharmacy sector, Chemist Warehouse. The deal is expected to increase sales of Mr Klim’s Milk & Co products by 50 per cent over the next 12 months, helping the brand’s expansion into China. Export sales now represent about 25 per cent of revenue.

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11-May-2016

Blue Sky embarks on $67 million capital raise

Wednesday 11 May 2016 -­ Blue Sky Alternative Investments Limited (ASX: BLA) has this morning announced its intention to raise up to $67 million through a one for 10 entitlement offer to existing shareholders and a placement to institutional, professional and sophisticated investors. Shares will be issued under both the placement and the entitlement offer at $6.50, representing a nine per cent discount to the closing price of $7.16 on Tuesday 10 May 2016.

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11-May-2016

Organic processor’s $12m fund link-up

The Australian – Innovative Toowoomba organic grain and flour processor Kialla Pure Foods has been part-sold to a private fund owned by listed Australian investment company Blue Sky Alternative Investments. The Blue Sky Agricultural Fund 3 bought 30 per cent of family-owned Kialla Foods, started from scratch by Quentin and Michelle Kennedy in 2005.

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3-May-2016

Readify turns rejected ideas into million-dollar products

Australian Financial Review – Australian digital consultancy Readify has created a new business that it says will turn ideas used in old client projects into new revenue streams. The new operation will be known as the IP Factory, as it will develop the company’s used and previously discarded intellectual property into new products and services.

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29-Apr-2016

Prime Minister Turnbull has announced the inaugural Tech Pioneers Report

Prime Minister Turnbull has announced the inaugural ‘Tech Pioneers Report’, which showcases the most exciting and pioneering startups from Australia and New Zealand. These are the companies at the leading edge of the ‘ideas boom’ and the drivers of the economy of the future and includes two companies within Blue Sky’s Venture Capital Portfolio; Shoes of Prey and Vinomofo. This is a wonderful recognition of the impact these two companies are making on both an Australian and global scale.

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