WAM Alternative Assets Ltd (AU:WMA) has released an update.
WAM Alternative Assets Ltd has seen a robust performance in October 2024, with its investment portfolio benefiting from private equity investments, including a $15 million commitment to the Wentworth Capital Real Estate Private Equity Fund I. This strategic move aims to capitalize on the growing demand for healthcare and life sciences infrastructure in Australia. Additionally, their partner Allegro Funds has acquired Nutun Australia, enhancing its business process outsourcing services and expanding its market presence.
For further insights into AU:WMA stock, check out TipRanks’ Stock Analysis page.
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