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WAM Alternative Assets Sees Growth in Private Equity Portfolio

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WAM Alternative Assets Sees Growth in Private Equity Portfolio

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The latest update is out from WAM Alternative Assets Ltd ( (AU:WMA) ).

WAM Alternative Assets Limited reported an increase in its investment portfolio for November 2025, driven by the private equity component, particularly through its co-investment in TEN Group. TEN Group, a distributor in Australia’s energy sector, has shown significant sales and earnings growth since its acquisition by WAM’s investment partner, Fortitude Investment Partners, in May 2023. This growth is attributed to operational enhancements and strategic expansions, positioning TEN for long-term value creation. The investment in TEN is currently valued at a premium, reflecting its strong cash generation and potential for further growth through international expansion and increased domestic market share.

More about WAM Alternative Assets Ltd

WAM Alternative Assets Limited is an investment company that focuses on unique opportunities beyond traditional assets. It operates primarily in the private equity sector, offering investment management services and co-investment opportunities. The company is listed on the Australian Securities Exchange (ASX) under the ticker WMA.

Average Trading Volume: 183,081

Technical Sentiment Signal: Buy

Find detailed analytics on WMA stock on TipRanks’ Stock Analysis page.

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