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Showing 1 - 3 of 3 results for "Pennybacker"

Pennybacker boosts Pacific Current FUM

KARREN VERGARA  |  WEDNESDAY, 30 APR 2025
... Pacific Current Group (PAC) saw funds under management (FUM) lift in the first quarter of 2025 thanks to affiliate Pennybacker Capital reporting a 17% jump in total assets. Pacific Current turned in $31 billion in total FUM at the end of March, up from ...

Pacific Current sees profits up 24%

ELIZA BAVIN  |  FRIDAY, 23 AUG 2024
... period PAC said it completed asset sales with exits from GQG, Proterra, Cordillera, Avante and the partial sale of Pennybacker, which provided significant potential for capital return, dividend payment, debt paydown and future growth initiatives. "FY24 ...

Pacific Current sells stake in investment firm to Goldman Sachs

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
Pacific Current Group (PAC) has sold a portion of its interest in Pennybacker Capital Management to Goldman Sachs Asset Management's Petershill program. PAC has sold 55% of its 16.5% equity stake in Pennybacker and all its 2.5% carried interest entitlement ...
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