ASX:PE1

2 stories mentioning ASX:PE1Updated 17m ago

Every FINWIRES story that references ASX:PE1, newest first.

Pengana Private Equity Trust Says SpaceX Listing Could Increase NAV by 18%

Pengana Private Equity Trust (ASX:PE1) said the Nasdaq listing of SpaceX could add about $55 million to its net asset value (NAV), implying an 18% increase and a gain of around AU$0.29 per unit based on SpaceX's closing price of $191.82 on Wednesday, according to an Australian bourse filing on Thursday after market hours.The estimate includes fees and carried interest allowances, but the final June 30 NAV may change with movements in SpaceX's share price, exchange rates, portfolio valuations, and other factors before its July release, the filing said.The private equity trust cautioned that SpaceX's share price may fluctuate significantly before the end of the month.

ASX:PE1

Asia46d ago

Pengana Capital Group Plans Investment Trust Focused on Private AI Companies

Pengana Capital Group (ASX:PCG) plans to launch an investment trust focused on the shares of non-publicly traded artificial intelligence companies, according to a Monday filing with the Australian bourse.The planned trust will be listed on the Australian Securities Exchange and will potentially invest in private companies that are engaged across the AI spectrum, including foundation models, physical AI, and AI applications, per the filing.The investment trust would serve as an extension of the company's relationship with GCM Grosvenor, which has been managing private market investments on behalf of Pengana Private Equity Trust (ASX:PE1) investors.The proposed listing of the trust is subject to several factors, including the completion of due diligence and various approvals.

ASX:PCGASX:PE1

Track with the FINWIRES app suite

FolioX

Track ASX:PE1 in your portfolio

WheelAI

Analyze ASX:PE1 options with the wheel strategy

StockInsider

See market sentiment on ASX:PE1