Lex Greensill’s new investment is coconut waste

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Lex Greensill’s new investment is coconut waste
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The shareholding is the financier’s first known investment since the collapse of Greensill Capital.

| Lex Greensill’s family has quietly invested in a company claiming to make environmentally friendly carbon products from discarded coconut husks, in the disgraced financier’s first known investment since the collapse of his lending company Greensill Capital.

For example, Japanese technology conglomerate SoftBank’s Vision Fund paid $US174 million in late 2019 to acquire a stake from the Peter Greensill Family Trust, according to a report from Greensill Capital’s Australian administrator. Panthera’s shareholders include Cultivar International, an Australian company jointly owned by the Peter Greensill Family — the trustee for the Peter Greensill Family Trust — and Cultivar Investors, a Florida-based company linked to US businessman John Gorman.

 

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