Pacific Current Group Limited (ASX:PAC; OTC:TSRUF) is an Australia-based global multi-boutique asset management company that partners with exceptional investment managers by providing capital through bespoke economic structures, strategic business development, distribution services, and institutional sales support to help affiliates grow; its portfolio features eight specialist boutiques across Australia, the US, and the UK, offering diversified strategies in asset classes including equities, private equity real estate, private capital, and other alternative investments for institutional and individual clients. Founded in 1987 and headquartered at Suite 3, Level 3, 257 Collins Street, Melbourne, the company operates through segments of boutique investments in unlisted entities and corporate investments in listed or marketable instruments, with primary revenue generation from the US. Recent developments include the sale of minority stakes in three US affiliates—Avante Capital Partners, Proterra Investment Partners, and Cordillera Investment Partners—to GQG Partners for US$71.25 million in 2023, providing significant liquidity; subsequent divestments of Banner Oak Capital Partners, Carlisle Management Company, and Victory Park Capital in the half-year to December 2024, contributing to a 757% profit increase to A$100.3 million; an ongoing off-market share buyback of up to A$300 million at A$12 per share closing in March 2025; and a strategic shift toward growth initiatives, including increased investments in existing partners and new opportunities following organizational optimizations in 2024.