• National Pension Service of Korea (NPS) and Townsend Group acquire 4.17% stake in Pinnacle affiliate Metrics Credit Holdings
• Investment to support Metrics' future growth initiatives, including potential acquisitions and new investment strategies
• Pinnacle welcomes the new partnership between Metrics, NPS, and Townsend

Pinnacle Investment Management Group Ltd (ASX: PNI) has announced that the National Pension Service of Korea (NPS), via its strategic partnership with Townsend Group (Townsend), has formalised a strategic investment in Pinnacle affiliate, Metrics Credit Holdings Pty Limited (Metrics). The Partnership has agreed to acquire a 4.17% interest in Metrics for AUD$50 million. Proceeds from the investment will support future growth initiatives of Metrics, including potential acquisitions and the development of new investment strategies. As part of the strategic investment, the Partnership will also invest into Metrics' real estate focused investment strategies. NPS is the third largest pension fund in the world by total assets, managing KRW1,213 trillion (over US$800 billion) as of December 2024, and Townsend is a leading provider of global investment management and advisory services exclusively focused on real estate and real assets with US$237.9 billion in advised assets and US$20.9 billion in assets under management as of March 2024. Pinnacle Managing Director, Ian Macoun, stated that Pinnacle welcomes this new partnership between Metrics and NPS and Townsend, and looks forward to continuing its partnership with Metrics to deliver on the multiple future growth opportunities that lie ahead.