RCS - Penn Park Capital - Penn Park Capital Secures €750 Million

Kingswood HoldingsAnnouncement

02/11/2024 24:30

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RNS Number : 6870K  Penn Park Capital Management Ltd.  01 November 2024

Penn Park Capital Secures €750 Million from Leading European Pension Funds

Penn Park Capital Management Secures €750 Million in Discretionary Mandates
from Leading European Pension Funds, with Further Commitments Already
Scheduled for 2025.

LONDON, UK / ACCESSWIRE / November 1, 2024 / Penn Park Capital Management is
pleased to announce that several prominent European pension funds have
entrusted the firm with discretionary mandates totaling approximately €750
million, with an additional €1.3 billion commitment anticipated for 2025.
Under these mandates, Penn Park will manage assets on behalf of several major
pension funds, providing comprehensive investment management and strategic
advisory services designed to maximize value and optimize returns in line with
each fund's unique objectives.

Record-Breaking Year Driven by Strong Investment Performance

This milestone comes amid one of Penn Park Capital's most successful years,
fueled by the strong performance of the firm's managed funds and private
equity strategies, particularly in high-growth sectors such as Private Space
Exploration, Telecommunications, and Artificial Intelligence (AI). By
capitalizing on opportunities in these transformative areas, Penn Park has
achieved returns that have outpaced all major index funds, underscoring the
firm's ability to consistently generate value in emerging markets.

Expansion of Investment Reach Across Innovative Sectors

With this significant new capital under management, Penn Park is
well-positioned to expand its investment reach across cutting-edge sectors,
enabling institutional and retail investors alike to achieve targeted returns
and strategic growth. This additional funding will support the firm's mission
to provide clients with superior, research-driven investment strategies that
align with both long-term trends and immediate growth opportunities.

Client Acquisition Drive for the Final Quarter of 2024

Building on this year's record performance, Penn Park is also launching a
major client acquisition drive for the final quarter of 2024. To support
growing demand from both institutional and retail clients, the firm is
expanding its team, strengthening its capacity to deliver high-quality service
and personalized investment solutions.

"We are honored to manage these discretionary assets on behalf of leading
European pension funds," said Mr. Michael Horsham, Head of Business
Development at Penn Park Capital Management. "Their confidence reflects our
track record and expertise, particularly in the private equity sector, where
we have consistently identified and leveraged transformative opportunities.
This year's results validate the strength of our investment approach, and we
look forward to supporting our clients with innovative, performance-oriented
solutions."

Strategic Team Growth to Meet Increasing Demand

Looking ahead, the additional capital commitments anticipated for 2025 will
allow Penn Park to deepen its focus on managed funds, private equity, and
high-growth sectors with strong return potential. The firm remains dedicated
to delivering value-driven strategies tailored to the specific goals of each
discretionary mandate, ensuring these pension funds benefit from
sophisticated, research-focused asset management.

In response to increased client demand, Penn Park Capital is strategically
expanding its team, adding experienced portfolio managers, analysts, and
client service professionals. This growth will enable the firm to maintain its
high standard of personalized service while meeting the needs of an
ever-growing client base.

About Penn Park Capital Management

Penn Park Capital Management is a leading European wealth management firm and
fund manager, specializing in privately managed funds and private equity
financing to provide clients with access to some of today's most promising
sectors and asset classes. With a strong commitment to innovative, strategic
investment solutions, Penn Park Capital serves both institutional and retail
clients seeking superior returns and a forward-thinking approach to wealth
management.

For media inquiries, please contact:

Esme Mcalley-Burnside

Media and PR Manager

Penn Park Capital Management

Email: esme.burnside@pennparkcapital.com
(mailto:esme.burnside@pennparkcapital.com)

Web: www.pennparkcapital.com (https://pr.report/3y89)

Phone: Tel: +44(0)20 3773 7888

SOURCE: Penn Park Capital Management Limited

 

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