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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$10.17 |
Change
-0.030(0.29%) |
Mkt cap ! $520.8M | |||
| Open | High | Low | Value | Volume |
| $10.16 | $10.22 | $10.05 | $193.6K | 19.08K |
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| No. | Vol. | Price($) |
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| 2 | 201 | $10.15 |
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| Price($) | Vol. | No. |
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| $10.18 | 482 | 9 |
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| Last trade - 15.01pm 07/05/2024 (20 minute delay) ? |
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Last
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Change
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| Last updated 14.43pm 07/05/2024 ? | |||||
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