Hi All
While PAC management recently sold half of PennyBacker holding, here is some good news on the capital raise front:
https://www.prnewswire.com/news-releases/pennybacker-closes-fund-vi-with-1-6-billion-of-committed-capital-exceeding-target-302156350.html
Believe majority of this will have been reported over the year, it is good to see this FUM raise complete, one of PennyBacker’s largest raises in its history and oversubscribed.
Best of Luck
Lost
PennyBacker Fund VI completes $USD1.6B FUM raise
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