Post by Pengana Capital Group
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As covered recently in InvestorDaily, the public listing of SpaceX has delivered an immediate valuation boost for investors in the Pengana Private Equity Trust (PE1). PE1 has held a position in SpaceX since 2020, when the company was valued at US$50 billion – a reflection of the trust's long-standing commitment to identifying exceptional private companies ahead of the market. This outcome reflects a core conviction behind PE1's approach: backing exceptional private companies early and holding through their full potential. As Pengana Executive Director Adam Myers puts it, PE1 has the "flexibility to let the performance of exceptional companies run." Read the full article here: https://hubs.li/Q04mzZ5-0 --- None of Pengana Investment Management Limited (ABN 69 063 081 612, AFSL 219 462) ("Responsible Entity"), Grosvenor Capital Management, L.P., nor any of their related entities, directors, partners or officers guarantees the performance of, or the repayment of capital or income invested in the Pengana Private Equity Trust (ARSN 630 923 643) ("PE1"). Past performance is not a reliable indicator of future performance; the value of investments can go up and down, and investors may experience a delay in repayment or loss of income and principal. This content has been prepared by the Responsible Entity as general information only. It does not take into account your investment objectives, financial situation or needs, and should not be considered investment advice or relied on as an investment recommendation. Before acting, you should consider the appropriateness of this information having regard to your personal circumstances.