PROVEN Management Limited (PML), the investment manager of PROVEN Group Limited (PROVEN), has 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 is currently the second largest shareholder of PROVEN.  

The partnership, announced on Tuesday, represents a significant step toward deepening collaboration between the two groups and positioning their respective platforms for sustained growth. In particular, the collaboration brings together PROVEN’s expertise in real estate development and Cornerstone’s high-quality property portfolio. 

“We are excited to welcome Cornerstone as a strategic partner,” said Peter Bunting, Chairman of PML. “This partnership reflects our shared commitment to disciplined growth, strong governance, and long-term value creation for clients, employees and shareholders of the PROVEN Group. 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, under the stewardship of their founding principals.

The partnership is intended to unlock areas of shared interest and strategic alignment as opportunities emerge. 

PML has nominated Cornerstone’s Mark Myers to join the PROVEN Board of Directors.