Pyne Gould Corporation Ltd

Corporate Details

ISIN(s):

GG00BH47QH40

LEI:

894500ZR7U60R53QMN48

Country:

Guernsey

Address:

1 Royal Plaza, GY1 2HL St Peter Port

Website:

http://www.pgc.co.nz/

Sector:

Financial and insurance activities

Industry:

Activities auxiliary to financial services, except insurance and pension funding

Description

Pyne Gould Corporation is a wealth management business focused on investments in Australia and the United Kingdom. It originated as a stock and station business in the 1850s and developed into a comprehensive provider of wealth management, trustee and financial services. PGC has undergone significant change over the past five years. In 2009, the company undertook a major capital raising with the company facing significant problems. It then split into two businesses – creating what is now the Heartland Bank as a separate company, with the remainder remaining in PGC. Today PGC’s focus is on investments in Australia and the United Kingdom through its Torchlight business following the sale of its New Zealand-based investments. The Torchlight Group manages and co-­-invests in proprietary funds focused on non-­-traditional investment opportunities.