Proven Management Limited Partners with Cornerstone Group

• Proven Management Limited (PML), the investment manager of Proven Group Limited (PROVEN), today announced the establishment of a strategic partnership with the Cornerstone Group (Cornerstone), a US and regional investment organisation with core capabilities spanning financial services, financial technology, and substantial real estate holdings. Cornerstone’s Mark Myers was also nominated to join PROVEN’s Board of Directors.
• As the parent company of Barita Investments Limited and the second-largest shareholder in PROVEN Group,
• A key focus of collaboration will be the alignment of Proven’s real estate development expertise with Conerstone’s high-quality property holdings, positioning both platforms for long-term growth. The move also strengthens Cornerstone’s broader footprint in Jamaica’s financial sector.
• Chairman of PML, Dr Peter Bunting, noted that the agreement reflects the commitment to disciplined growth, strong governance, and long-term value creation for clients, employees and shareholders of the PROVEN Group. He further noted that the regional and global environments create a compelling opportunity for collaborations of this nature in the pursuit of efficiency, resilience and expansion.
• Both groups will continue to operate independently. The partnership is intended to unlock areas of shared interest and strategic alignment as opportunities emerge.

(Source: JSE)