Rival bidders line up for Pacific Current
Two bids have been made for asset manager Pacific Current, one from GQG Partners and one from alternative investment manager Regal Partners.
Source: moneymanagement.com.au
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Two bids have been made for asset manager Pacific Current, one from GQG Partners and one from alternative investment manager Regal Partners.
It’s been an action-packed morning in the funds management sector, as GQG squares up against Regal while Perpetual suffers further fund redemptions.
The race to acquire Pacific Current Group (PAC) is on, as investment giants Regal Partners (Regal) and GQG Partners (GQG) both confirm interest.