Blue Sky Water Partners (BSWP) will manage the capital deployment of the Fund and its ongoing water allocation sales program.

BSWP is the leading independent manager of investments in Australian water markets, having advised and built an Australian water entitlements portfolio for a leading international water investor since 2008. BSWP is presently pursuing a number of investment mandates on behalf of Australian and international investors and is likely to launch its own Australian water entitlements Fund for institutional investors prior to July 2012.

BSWP's directors, Investment Committee and key officers collectively have more than 90 years' experience in water markets and regulation, agribusiness, commodity trading, environmental regulation and funds management.

Our disciplined investment process is supported by a detailed understanding of the legal and regulatory framework governing Australian water markets, access to information, proprietary deal flow, deep agricultural commodity market and trading knowledge, and an institutional grade operating infrastructure and governance.