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Pengana Capital holds early talks over future of “non-core” assets

The Australian Financial Review (AFR) •
November 09, 2026 • 07:13 AM
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It is mulling the future of non-core parts like funds that have less than $30 million or so, sources with knowledge of the situation said.

Pengana Capital holds early talks over future of “non-core” assets

ASX-listed Pengana Capital Group has had early discussions about offloading or consolidating some of the smaller parts of its business, as the fund manager looks to trim the fat.

The Russel Pillemer-led Pengana, capitalised at $92 million, will not touch the three core arms of its business: listed equities, private equity and private credit.

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