Pacific Current Group Ltd · ASX:PAC
Pacific Current — Shareholder Meeting (November 2024)
9 slides from Pacific Current's shareholder meeting presentation, Nov 15, 2024
Slide 1: 2024 Annual General Meeting Presentation
Tacoma // Melbourne ASX ANNOUNCEMENT 15 November 2024 2024 ANNUAL GENERAL MEETING PRESENTATION Pacific Current Group Limited (ASX:PAC), a global multi-boutique asset management firm, is pleased to provide its 2024 Annual General Meeting Presentation for release to the market. AUTHORISED FOR LODGEMEN
Slide 2: Full Year 2024 Annual General Meeting Presentation
PACIFIC CURRENT GROUP FULL YEAR 2024 ANNUAL GENERAL MEETING PRESENTATION 15 November 2024
Slide 3: Important information and disclaimer
PACIFIC CURRENT GROUP The information in this presentation is general information about Pacific Current Group (‘Pacific Current’ or ‘PAC’) and is current only at the date of this presentation. In particular, this presentation § is notan offer or recommendation to purchase or subscribe for securities
Slide 4: Business Overview
sINESS ova VIEW. Michael Clarke, ED‘and Acting CEO” PACIFIC CURRENT GROUP
Slide 5: FY24 Overview
FY24 Overview Pacific Current Group (PAC) is a global investor in investment management firms, with stakes in 11 investment firms across the US, Europe, Australia and Asia. PAC’s boutiques offer a diverse range of investment products across multiple asset classes, delivering sustainable and growing
Slide 6: FY24 Underlying and Pro-Forma Earnings
' { FY24 (ASm) FY24 (ASm) F 24 P ro- fo rma Underlying Underlying Pro-Forma Comments Pro-forma excludes GQG, Avante, Cordillera, Proterra, 1 Boutique management fees 48.9 19.2 Pennybacker (partially), Carlisle and Victory Park Jnderlying ne Boutique performance fees 1.3 13 Pro-forma excludes Cordill
Slide 7: Outlook
OUTLOOK PACIFIC CURRENT GROUP
Slide 8: Near-Term
Near-Term PACIFIC CURRENT GROUP Return Capital § Plan in progress to complete a substantial off-market, equal access share buy-back Enhance Capital Flexibility § Continue to pursue transactions that enhance value and provide capital for redeployment or return to shareholders. Good start in FY25 foll
Slide 9: Growth Opportunities
Growth Opportunities” PAC has significant capital to invest in accretive ‘GP Stakes’ opportunities as they present Sources for Growth Capital Re-investment in existing Boutiques Existing Cash Reserves PAC may re-invest proceeds in existing Boutiques by providing: § Asat 30 June 2024, PAC has A$313m
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