Pengana Capital Group Ltd. · ASX:PCG
Pengana Capital — Corporate Update (April 2019)
9 slides from Pengana Capital's corporate update, Apr 12, 2019
Slide 1: Completion of Pengana Private Equity Trust IPO
PENGANA CAPITAL 12 April GROUP 2019 Completion of Pengana Private Equity Trust IPO Russel Pillemer Chief Executive Officer
Slide 2: Overview
Pengana Private Equity Trust (ASX: PE11) Overview • Pengana Private Equity Trust (‘Trust’, ASX: PE1)1 offer closed 10 April 2019 • Pengana Capital Group (‘Pengana’, ASX: PCG) announced today that it has indicatively raised in excess of $200m for PE1 • PE1 is Australia’s first ASX listed investment t
Slide 3: Platform for Growth
Pengana Private Equity Trust (ASX: PE11) Platform for Growth Positive research coverage from a number of highly regarded research houses Inclusion in many significant Approved Product Lists and broad access across major IDPS and Super/Pension platforms: • Asgard • FirstWrap • IOOF Pursuit Select • M
Slide 4: Upfront Expenses & Dilution
Pengana Private Equity Trust (ASX: PE11) Upfront Expenses & Dilution Pengana is funding costs of the offer, estimated to be ~ $7m • Payments to syndicate/brokers and stamping fee ~ $5m • Funded via a floating bank loan facility at currently circa 7% p.a. • Other costs (including legal, accounting an
Slide 5: Impact of PE1 on PCG earnings
Pengana Private Equity Trust (ASX: PE11) Impact of PE1 on PCG earnings The Trust has the potential to be a significant contributor to PCG's profitability: • Profit contribution from base management fees estimated at 85-90 bps per annum • Potential profit contribution from annual performance fees (no
Slide 6: GCM is part of GCM Grosvenor
Pengana Private Equity Trust (ASX: PE11) Impact of PE1 on PCG earnings GCM is part of GCM Grosvenor, one of the world’s largest and US$52bn most diversified independent alterative asset management firms Assets under management2 WHAT DEFINES GCM: 1971 First year of investing Delivering comprehensive
Slide 7: Access to top quartile performing funds
Pengana Private Equity Trust (ASX: PE11) Access to top Quartile performing funds2 Investing in Top Quartile funds is critical for a successful PE program. Two key requirements in this regard: • Identify future Top Quartile funds and • Gain access to invest in these funds, which is difficult due to t
Slide 8: Disclaimer
Disclaimer This presentation has been prepared by Pengana Capital Group Limited (ABN 43 059 300 426) (PCG). The information in this presentation is current as at 12 April 2019. This presentation is not an offer or invitation for subscription or purchase of securities or a recommendation with respect
Slide 9: For More Information
THANK YOU FOR MORE INFORMATION PENGANA CAPITAL GROUP ABN 43 059 300 426 Level 12, 167 Macquarie Street, Sydney, NSW 2000 T: +61 2 8524 9900 F: +61 2 8524 9901 E: clientservice@pengana.com PENGANA.COM 9
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