News

Pinnacle Investment Management (November 2024)

Blackpeak is pleased to announce that we acted as adviser to Pinnacle Investment Management (“Pinnacle”) on its investments in VSS Capital Partners (“VSS”) and Pacific Asset Management (“PAM”) and associated equity capital raising of ~$400m. Pinnacle has a diverse portfolio of world-class investment management firms (“Affiliates”). Along with holding equity interests in these Affiliates, Pinnacle provides seed funding, global institutional and retail distribution, and middle office and infrastructure services. VSS and PAM are both highly strategic investments furthering Pinnacle’s stated growth strategy. Pinnacle successfully completed an equity raise to fund the investments, seed new strategies for existing Affiliates and support future growth initiatives.