Pacific Current Group invests in Astarte Capital Partners - press release

Pacific Current Group Limited (ASX:PAC), a global multi-boutique asset management firm, has entered into an agreement to purchase a minority stake in Astarte Capital Partners LLP.

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... Astarte Capital Partners is delighted to announce that Pacific Current Group, a global multi-boutique asset management firm, has acquired a significant minority stake of the company. PAC provides operating capital to Astarte and buys-out passive shareholders. Astarte’s management ownership will increase significantly as a result of this transaction. Astarte's founders, Dr. Stavros Siokos and Teresa Farmaki comment that " We believe that PAC is a great partner with common values and principles, and a clear vision for the evolution of the asset management industry. We expect this partnership to be a catalyst for an exciting new chapter of growth for Astarte."

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