Pengana Capital to divest 65% direct equity stake in Lizard Investors LLC

SYDNEY, AUSTRALIA: Pengana Capital Group (ASX: PCG) has signed an agreement to divest its 65% direct equity stake in Lizard Investors LLC, a Chicago-based asset management firm that specialises in global small to mid-cap equities, as part of a management buyout led by Lizard Chief Investment Officer and Portfolio Manager, Jon Moog. Whilst Pengana Capital…