Pacific Private Fund Advisors surpasses USD1bn milestone
Pacific Private Fund Advisors (PPFA) recently surpassed the USD1 billion milestone for invested assets under management (AUM), bringing total invested and committed AUM to over USD2.7 billion.
PPFA, a subsidiary of Pacific Global Asset Management LLC, manages private equity investment portfolios for Pacific Life’s general account and third-party institutional clients.
Specialising in alternative investments, PPFA has launched 11 private equity funds over the past five years.
“Our team has worked hard to build the investment program at PPFA,” says James Burritt, managing director of PPFA. “I am proud of our investment performance and our growth, which makes me excited about the future.”
Kevin Byrne, CEO of Pacific Global Asset Management, adds: “Thanks to strong support and commitments from Pacific Life and institutional clients, the PPFA team is highly focused on delivering solid results and is poised for further growth.”