PACIFIC CURRENT GROUP

Funds management

Outflows from an Australian private markets fund manager have caused FUM at Pacific Current to decline by $1 billion in the last quarter. ...

Funds management

The chief executive of Pacific Current Group has told its shareholders that the firm is “flush with cash” after numerous divestments and is planning an estimated $300 mil...

Funds management

Acting Pacific Current chief executive Michael Clarke has denied the firm is on a wind-up path after multiple divestments but says there will likely be further actions to...

Funds management

GQG Partners' chief executive Tim Carver has identified how private credit is a “sunrise” part of the asset management industry as it sets up its own private credit solut...

Funds management

Pacific Current noted FY24 was a “transformational year” as it made multiple divestments to create a lower cost structure for the business....

Funds management

Pacific Current Group has entered into an agreement to sell a portion of its stake in global private credit manager, Victory Park Capital Advisors, to US asset manager Ja...

Funds management

GQG Partners has shared its funds under management at the end of June and inflows for the first half of 2024, having taken minority stakes in three US-based businesses....

Funds management

Following the exit of Paul Greenwood to join GQG Partners, Pacific Current Group has appointed an acting chief executive....

Funds management

GQG Partners has completed the acquisition of the minority interests held by Pacific Current Group in three affiliates which will form its new Private Capital Solutions d...

Funds management

GQG Partners has reported a decline in funds under management in April, but YTD inflows are approaching $10 billion....

Funds management

Having unsuccessfully tried to acquire Pacific Current Group last year, GQG Partners has agreed to acquire three of its US-based affiliates....

Funds management

The boutique asset manager saw US$3 billion in net inflows in February, almost double the volume seen in the preceding month as FUM rose to $137.5 billion....

Funds management

GQG Partners chief executive, Tim Carver, believes it is “very, very hard” to pursue M&A in the asset management space after a failed bid for Pacific Current Group last y...

Funds management

The boutique asset manager has appointed a former acting chief executive of Challenger Funds Management to its board as a non-executive director....

Funds management

GQG Partners has seen a US$7 billion increase in funds under management since the start of 2024....

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