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Showing 21 - 30 of 65 results for "Pacific Current"

GQG makes official bid for PAC

CHLOE WALKER  |  THURSDAY, 2 NOV 2023
Pacific Current Group (PAC) confirmed it received a buyout offer from global fund manager GQG Partners (GQG), valuing the firm at $567.3 million. PAC had been the subject of an initial buyout offer of $388 million by Regal Funds Management (Regal) and ...

Regal Partners, PM Capital confirm acquisition talks

CASSANDRA BALDINI  |  MONDAY, 30 OCT 2023
... the market on further progress. The announcement comes after Regal Partners recently withdrew its bid to acquire Pacific Current Group, citing its disappointment in dealing with the fund manager. Despite dumping the deal, Regal reinforced that its growth-focused ...

Regal dumps bid for Pacific Current Group

JAMIE WILLIAMSON  |  THURSDAY, 28 SEP 2023
Months on from submitting its bid to acquire Pacific Current Group, Regal Partners has withdrawn, saying it's been "consistently disappointed" in dealing with the fund manager. In March, Regal partnered with River Capital to put forth a non-binding ...

Pacific Current Group buys into fund manager

CHLOE WALKER  |  WEDNESDAY, 20 SEP 2023
Pacific Current Group (PAC) has purchased a stake in LA-based private credit and structured equity investment management firm Avante Capital Partners (Avante). The 24.9% equity interest in Avante cost PAC about $61 million, with $23 million to be paid ...

Platinum AM reports almost $1bn in outflows

ANDREW MCKEAN  |  FRIDAY, 8 SEP 2023
... US$7.3 billion. As previously reported by Financial Standard, GQG is also in the throes of a bidding war to acquire Pacific Current Group (PAC). While not disclosing any specific offer details, GQG chief executive Tim Carver said: "We believe we can ...

SG Hiscock partners with US fund manager

KARREN VERGARA  |  WEDNESDAY, 23 AUG 2023
... Australian market. In 2017, First State Super awarded a large mandate to EAM Global Investors, which is part of Pacific Current Group's multi-boutique suite. Pacific Current Group is responsible for institutional distribution, while SG Hiscock covers ...

GQG hits $104.1bn on back of inflows

ANDREW MCKEAN  |  FRIDAY, 18 AUG 2023
... and this business environment," Carver said. In July, GQG announced its intention to acquire all the shares of Pacific Current Group (PAC). It updated shareholders saying the acquisition is contingent upon successful due diligence and board approval. ...

Australia a "most exciting place" for GQG: Barker

CHLOE WALKER  |  THURSDAY, 3 AUG 2023
... the most exciting places that we're in business," Barker said. GQG recently announced its plans to bid for Pacific Current Group, rivalled by Regal Funds Management.

Regal chases Pacific Current Group, GQG plans bid

CHLOE WALKER  |  THURSDAY, 27 JUL 2023
The race to acquire Pacific Current Group (PAC) is on, as investment giants Regal Partners (Regal) and GQG Partners (GQG) both confirm interest. Partnering with River Capital, Regal proposed to acquire all the issued ordinary shares in PAC at an implied ...

Pacific Current Group buys stake in PE firm

CHLOE WALKER  |  TUESDAY, 11 APR 2023
Pacific Current Group (PAC) has acquired a minority investment in San Francisco-based private equity firm Cordillera Investment Partners (Cordillera). The $44.9 million deal will see PAC take on 16.4% of Cordillera's revenues, both management fees and ...