Company Report
Pinnacle's Fundamentals Solid but Trading Multiples Stretched
Pinnacle Investment Management provides seed and working capital, marketing and distribution services, business support and responsible entity services to a network of boutique managers--which it terms as "affiliates." Apart from charging fees for its services, Pinnacle also earns a share of profits from its affiliates via holding equity interests in them. As of June 2024, Pinnacle has 15 affiliates under its network with around AUD 110 billion in FUM.