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Pacific Private Fund Advisors Surpasses $1 Billion MilestonePacific Private Fund Advisors LLC (PPFA) recently surpassed the $1 billion milestone for invested assets under management (AUM), bringing total invested and committed AUM to over $2.7 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. Specializing 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," said 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, added: "Thanks to strong support and commitments from Pacific ife and institutional clients, the PPFA team is highly focused on delivering solid results and is poised for further growth." Pacific Global Asset Management LLC Pacific Global Asset Management LLC has over $17 billion in assets under management, as of June 30, 2019, across investment strategies that include fixed income, equity, and alternatives solutions. Investment teams include Pacific Asset Management, Cadence Capital Management, Pacific Private Fund Advisors and Pacific Global Advisors. Core investment strategies include: bank loans, income funds, high yield, equity solutions, and private equity. Pacific Global Asset Management LLC is a wholly-owned subsidiary of Pacific Life Insurance Company ("Pacific Life"). Pacific Private Fund Advisors LLC Based in Newport Beach, California, Pacific Private Fund Advisors LLC is an alternative investment manager specializing in private equity investment strategies. Founded in 2013, Pacific Private Fund Advisors has over $2.7 billion in regulatory assets under management as of June 30, 2019. Pacific Private Fund Advisors is a wholly owned subsidiary of Pacific Global Asset Management, and an indirect subsidiary of Pacific Life Insurance Company ("Pacific Life"). View source version on businesswire.com: https://www.businesswire.com/news/home/20190812005090/en/ |
