Pacific Current Group Ltd (AU:PAC) has released an update.
Pacific Current Group Limited has successfully completed a strategic transaction with GQG Partners Inc, including the sale of three assets and outsourcing management of the remaining assets to GQG. This transition also marks the resignation of Paul Greenwood, the company’s Managing Director, CEO, and CIO, who has significantly contributed to PAC’s growth and investment success, achieving an internal rate of return exceeding 30% since 2014. PAC’s Board extends gratitude to Greenwood and the executive team for their exceptional leadership and the successful execution of the GQG deal.
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