Pacific Current Group exits Aperio

Pacific Current Group Ltd said Oct. 4 that it closed the sale of its stake in Aperio Group. Pacific Current received $71.9 million in pre-tax proceeds and expects to receive another $2.6 million. Pacific Current invested in Aperio, a Sausalito, California investment management firm, in 2015, according to press reports. Golden Gate Capital acquired a majority of Aperio in August.

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