Pacific Point Partners makes strategic investment in Black Crane
I am very excited to announce that Pacific Point Partners has made a strategic investment in Black Crane Capital.
Pacific Point Partners is a global investment firm, founded by Robert Rankin. It has a broad range of assets, including a 19.9% shareholding in Contango Asset Management (ASX: CGA).
Rob and I worked together for 14 years at UBS in Asia. Post UBS, Rob held a number of roles at Deutsche Bank including co-global head of investment banking, CEO of Asia Pacific and Group Executive Committee member. Most recently he was CEO of Consolidated Press Holdings, one of Australia's largest and most iconic conglomerates. He is a Director of Crown Resorts Limited and DeepRadiology, an artificial intelligence business focused on healthcare.
Following the investment, Rob said "Peter and I have been friends and colleagues for many years and I have been an investor in Black Crane since inception. My team and I are excited about the opportunity and look forward to helping generate continued positive returns for investors and growing the business".
Given Rob's experience, he is uniquely placed to add value to Black Crane within the macro, corporate transaction and event driven markets in which we operate. We look forward to working with Rob and his team to take our business to the next level.