Pacific Investments Takes 50% Stake in Emerging Markets Manager North of South Capital (P&I)

Pacific Investments Group agreed to acquire a 50% stake in boutique emerging markets equities manager North of South Capital through its asset management arm, Pacific Asset Management. Matt Lamb, CEO at Pacific Asset Management, said in a news release:

“While passive investment may dominate the headlines, active managers in less efficient markets continue to demonstrate their ability to outperform and none more so than (Mr.) Linsey and the North of South team.”

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