Pengana Capital Group Limited (ASX:PCG) agreed to acquire 66.67% stake in Lizard Investors LLC on November 7, 2019. Leah Zell and the whole Lizard team will be retained. The transaction is expected to complete on January 1, 2020. The acquisition is not expected to have a material impact on Pengana financially or operationally; nor will it impact existing investments held by unit holders in the Pengana Global Small Companies Fund. Pengana Capital Group Limited (ASX:PCG) completed the acquisition of 66.67% stake in Lizard Investors LLC for AUD 2.7 million on January 1, 2020.