Australia's Five V sells GP stake
Australia-based Five V Capital has sold a 25% GP stake to Pinnacle Investment Management Group, a listed multi-affiliate platform investor that has interests in 14 Australian asset managers.
The announcement comes days after Five V closed its fourth fund with more than A$550 million ($398 million) in commitments, taking its total assets under management (AUM) to A$1.1 billion. The firm is...
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