Hi All
Looks like PAC invested in Cordillera at the right time, they have just raised a record $USD443M ($AUD643M) in FUM. Here is the article:
https://www.businesswire.com/news/home/20230712102305/en/Cordillera-Raises-443-Million-for-Fund-III
PAC invested $USD30M for 16.5% share of revenue and 24.9% of any sale proceeds. Ownership includes receiving performance fees.
This also means Cordillera will show 30% FUM growth. Initial FUM position at time of investment was $USD1.5B.
Best of Luck
Lost
Cordillera raises $USD443M ($AUD643M) - largest in funds history
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Last
$11.16 |
Change
0.100(0.90%) |
Mkt cap ! $336.5M | |||
| Open | High | Low | Value | Volume |
| $11.12 | $11.16 | $11.04 | $827.4K | 74.86K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3000 | $11.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.24 | 41 | 1 |
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| Last trade - 16.10pm 29/08/2025 (20 minute delay) ? |
| PAC (ASX) Chart |