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Listing date20 June 2024 #
Company contact detailshttps://pcx.pengana.com/
Ph: 61 2 8524 9900
Principal ActivitiesListed Investment Trust investing in global private debt
Issue PriceAUD 2.00
Issue TypeOrdinary Fully Paid Shares
Security codePCX
Capital to be Raised$250,000,000
Expected offer close date06 June 2024
UnderwriterNot underwritten. Taylor Collison Limited, Morgans Financial Limited, Shaw and Partners Limited. (Joint Lead Managers).

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Pengana Capital Group is excited to announce the upcoming launch of a listed vehicle that will deliver unparalleled access to global private credit in the Australian market.

ASX : PCX

PENGANA GLOBAL PRIVATE CREDIT TRUST

Investing in global private credit has historically delivered an abundance of benefits to investors.
  • High yield
  • Low volatility
  • Capital stable
  • Stable income
  • Attractive risk-adjusted returns
  • Diversification
  • Capital preservation
  • Low correlation relative to fixed income and public market alternatives
However, global private credit has, until now, been largely out of reach for non-institutional Australian investors due to the difficulty in identifying high-quality global managers, gaining access to them, complex due diligence requirements, high minimum subscription amounts, long lock-up and drawdown periods, and limited liquidity.

PCX aims to uniquely address many past barriers to accessing true diversified global private credit, with a listed structure approach that, to date, has not been available to Australian investors.


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