Australia's Challenger Funds acquires stake in Proterra Asia
Challenger Funds Management, one of the largest active asset managers in Australia, has acquired a stake in Singapore-based PE firm Proterra Investment Partners Asia from Australia’s Pacific Current Group.
The transaction is worth about USD 8.2m. Australia-listed Pacific Current – which holds stakes in several, mostly real estate-focused GPs – held 16% of Proterra Asia as of October 2022. Proterra...
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