Pinnacle’s founder, Ian Macoun, has explained how he has structured the firm with its affiliate boutiques in order to avoid the negative impact of key person risk.
The $1.5 trillion private credit space has become a hot topic for fund managers as analysts question how they allocate million-dollar fees to investors.
Pinnacle Investments lost ground after missing analysts’ forecasts, but the tech sector helped the benchmark eke out a gain as investors bet on rates topping out.