Another positive article - this time about Perennial's new fund (Perennial Private to Public Opportunities Fund No.2) specifically for wholesale investors only.
New fund goals are: raising up to $125 million in new capital + generating superior returns from an actively managed portfolio of 30-45 unlisted, pre-IPO and listed Australian companies over a five-year period.
Article talks about how Perennial's first investor fund invested in companies (like AT1), pre-IPO, which then resulted in good sophisticated investor returns after ASX listing & still have good growth opportunities ahead.
AT1 Price at posting:
40.5¢ Sentiment: Buy Disclosure: Held
