Plato Investment Management
Plato Investment Management employed Seed Partnerships to act as corporate advisor for the IPO to the Plato Income Maximiser (PL8) offer. The IPO raised $326m which represents the third largest LIC IPO raising in Australia. The capital raising included a substantial national roadshow, that was supported by an extensive syndicate of brokers and a high profile media campaign. Seed Partnerships has been retained on an ongoing basis to provide corporate advisory services and to assist in maintaining a high standard of marketing communications and shareholder engagement.
PL8 has been established to provide shareholders with exposure to an actively managed, diversified portfolio of Australian shares that will seek to pay a monthly fully franked dividend. The company’s investment portfolio will be managed by Plato Investment Management, an investment management firm specialising in maximising retirement income for pension phase investors and SMSF investors. Plato was founded by Dr Don Hamson and manages over $3.5 billion in FUM (Dec 2016).
For more information on Plato, please visit www.plato.com.au.