Stock Pick

Pinnacle Investment Management increases Metrics Credit stake in $100.5 million deal

Written by

openjargon

in

Two CEOs shaking hands on a deal.

This afternoon, Pinnacle Investment Management Group Ltd (ASX: PNI) announced it will acquire an additional 6.80% stake in Metrics Credit Holdings, restoring its equity interest to around 35%. The $100.5 million deal is set to be funded from Pinnacle’s existing balance sheet capacity.

What did Pinnacle Investment Management report?

  • Pinnacle has agreed to acquire a further 6.80% of Metrics Credit Holdings for approximately $100.5 million.
  • This increases Pinnacle’s stake in Metrics back to around 35% ownership, matching its initial 2018 level.
  • The deal will be paid 75% on completion, with the remaining 25% due twelve months later.
  • The National Pension Service of Korea, via Townsend Holdings, will concurrently acquire a 6.37% stake in Metrics, bringing its total to 9.9%.
  • Transactions are expected to complete between Q2 and Q3 of calendar 2026, subject to approvals.

What else do investors need to know?

The seller of the Metrics shares is the McNamara Family Trust, an entity associated with departing Metrics executive Graham McNamara. While McNamara will step back from his executive role in the first half of 2026, he will remain on as an ongoing adviser.

All other Metrics executives are maintaining their current equity positions. Pinnacle is funding the purchase entirely from its existing financial resources, highlighting the strength of its balance sheet and continued focus on strategic partnerships.

What did Pinnacle Investment Management management say?

Pinnacle Managing Director, Ian Macoun, said:

Pinnacle is proud to have worked alongside the Metrics team over the past decade as the Group has grown to become one of the Asia Pacific region’s largest alternative investment managers. We continue to have enormous confidence in the ongoing domestic and international growth of Metrics, particularly as more investors recognise the benefits that can be delivered by experienced, highly diversified and large-scale private markets managers.

What’s next for Pinnacle Investment Management?

Once completed, the transaction will restore Pinnacle’s strategic influence in Metrics and support its growth ambitions. The partnership with the National Pension Service of Korea is expected to provide additional momentum, with both investors backing Metrics’ expanding presence in private markets.

Management has reiterated its commitment to supporting Metrics’ growth domestically and abroad, flagging ongoing opportunities for scale and diversification in alternative asset management.

Pinnacle Investment Management share price snapshot

Over the past 12 months, Pinnacle Investment Management shares have declined 15%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 7% over the same period.

View Original Announcement

The post Pinnacle Investment Management increases Metrics Credit stake in $100.5 million deal appeared first on The Motley Fool Australia.

Should you invest $1,000 in Pinnacle Investment Management Group right now?

Before you buy Pinnacle Investment Management Group shares, consider this:

Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Pinnacle Investment Management Group wasn’t one of them.

The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

And right now, Scott thinks there are 5 stocks that may be better buys…

See the 5 Stocks

* Returns as of 20 Feb 2026

.custom-cta-button p {
margin-bottom: 0 !important;
}

More reading

Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Pinnacle Investment Management Group. The Motley Fool Australia has positions in and has recommended Pinnacle Investment Management Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

More posts