sur Penn Park Capital Management Limited
Penn Park Capital Secures €750 Million Mandate from European Pension Funds
Penn Park Capital Management has announced securing €750 million in discretionary mandates from leading European pension funds. Additional commitments of €1.3 billion are expected in 2025. This funding allows Penn Park to manage assets, offering investment management and advisory services to optimize returns in line with each fund's objectives.
The year marks a record for Penn Park, driven by strong fund performances in sectors like Private Space Exploration, Telecommunications, and Artificial Intelligence. The firm boasts returns surpassing major index funds, focusing on emerging market opportunities.
Penn Park plans to utilize this capital to expand investments in innovative sectors, enhancing value for institutional and retail investors. Aiming to cater to growing client demand, the firm is expanding its team to ensure quality service and tailored investment solutions.
R. H.
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