Inside the Pengana PIA LIC: blended equity & credit

In this Australian Investors Podcast episode, Owen Rask speaks with Adam Myers of Pengana Capital Group and discusses:

• Pengana Capital’s evolution and focus on private markets
• The rise of private credit & why it matters to investors
• How Pengana is transforming PIA into a hybrid equity-credit income vehicle
• Listed investment trust structures, liquidity, and Pengana’s NAV redemption innovation

Topics Covered

• Adam’s background from derivatives trader to private market advocate
• What is private credit and how it differs from traditional listed debt
• The PIA transformation: blending private credit with international equities
• How Pengana’s NAV redemption structure anchors liquidity for investors
• Target yield uplift, risk management & Pengana’s unique portfolio construction 

Episode Resources

• Visit TermPlus to learn more
• PIA landing page & webinar