GQG Partners completed the acquisition of a minority stakes in Avante Capital Partners, Proterra Investment Partners and Cordillera Investment Partners from Pacific Current Group for $71m.

GQG Partners, an investment management company, completed the acquisition of a minority stake in Avante Capital Partners, Proterra Investment Partners and Cordillera Investment Partners from Pacific Current Group for $71m. “We are thrilled to announce the launch of PCS and the recruitment of the leadership team for that business. The launch of this business line, and its partnership with Avante, Cordillera, and Proterra, present a tremendous opportunity for GQG in its efforts to expand into private markets,” Tim Carver, GQG Partners CEO.