Pengana Capital Group (ASX:PCG) Announces Fund Growth and Performance Fees
Funds Under Management Increase
Pengana Capital Group (ASX: PCG) reported an increase in its funds under management, reaching $3,563.11 million as of 31 December 2024, up from $3,518.16 million on 30 November 2024.
Performance Fees and Distributions
The company generated gross performance fees of $12.8 million for the six-month period ending 31 December 2024, resulting in approximately $6.3 million in net performance fees. In January, Pengana will distribute $30 million from its investment vehicles, net of reinvestment, which will be reflected in the funds under management announcement for 31 January 2025.
Upcoming Financial Results
Pengana Capital Group will release its half-year audited results on 27 February 2025, providing further insight into its financial performance and strategic direction.
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