Friday, 27 March 2015
Last updated 2 hours ago
Feb 11 2009 | 1:27pm ET
Pengana Capital has opened an office in Singapore and appointed three investment professionals, Douglas Isles, Ashley Durante and Vikas Kumra, to staff the new venture.
Isles joins Pengana from Platinum Asset Management, where he spent five years as an investment analyst covering global equities with a focus on industrials. Durante joins the Pengana Asia special events team as a fund manager. He was previously a portfolio manager for the Osmium Special Situations Fund, a global event-driven fund managed out of Bermuda. Kumra brings local knowledge to the team, having worked previously at the Credit Suisse HOLT Division in Singapore, undertaking fundamental analysis on companies in the Asia-Pacific region.
The Singapore office will join Pengana’s existing offices in Australia, London and the U.S. The office will act as a research and product development hub, supporting Pengana’s funds management activities.
Russel Pillemer, CEO of Pengana, said the Asian region is a key driver of global economic growth and having investment professionals on the ground will the firm identify and evaluate investment opportunities as they arise.
“To my knowledge, we are the only Australian fund manager which has a dedicated research base in Singapore,” he said.
Pengana manages an Asia Special Events Fund and an Asian Equities Long Short Fund. All told, it manages approximately A$1.4 billion (US$934 million) in assets.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…