Pyne Gould
It originated as a stock and station business in the 1850s and developed into a comprehensive provider of wealth management, trustee and financial services. PGC has undergone significant change over the past five years. In 2009, the company undertook a major capital raising with the company facing significant problems. It then split into two businesses - creating what is now the Heartland Bank as a separate company, with the remainder remaining in PGC. Today PGC's focus is on investments in Australia and the United Kingdom through its Torchlight business following the sale of its New Zealand-based investments. The Torchlight Group manages and co--invests in proprietary funds focused on non--traditional investment opportunities. © Pyne Gould Corporation 2015 all rights reserved