Jun 15, 2026 – 6.10pmThe chief executive of Urbnsurf, the owner of two popular outdoor wave pools in Sydney and Melbourne, has been let go from her position after just two years in the top job.The surf park operator is backed by alternative investing business iPartners, which rode a $75 million recapitalisation effort in August – refinancing out Japanese giant Nomura, non-bank lender Keyview Financial Group, and a handful of high-net-worth investors.Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?