Pinnacle Investment Management Group Ltd

PNI: XASX (AUS)
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Pinnacle Investment Management: Further Expansion Into Private Markets Strategically Sound

Pinnacle is acquiring 13% of Advantage Partners, a Japanese private markets firm. The purchase starts with 5% for AUD 92 million, with an option to buy another 8% over three years at similar multiples. Pinnacle also saw solid net inflows firmwide for the first quarter of fiscal 2026.

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