August 30, 2013

Estancia Capital Partners Acquires Minority Interest in SGA

On August 27, 2013, Estancia Capital Partners, a private equity fund focused on the asset and wealth management industries, announced that it had acquired a minority interest in Sustainable Growth Advisers, a boutique equity manager based in Stamford, Connecticut.

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August 26, 2013

IPC Portfolio Services to Acquire Brigata Capital Management

On August 20, 2013, Canadian wealth manager Investment Planning Counsel Inc. announced that it will acquire all of the shares of mutual fund dealer Independent Planning Group Inc. and that  IPC Portfolio Services Inc. will acquire fund manager Brigata Capital Management Inc.  

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August 26, 2013

AMG Wealth Partners Invests in Clarfeld Financial Advisors

On August 19, 2013, AMG Wealth Partners, LP, a subsidiary of Affiliated Managers Group, Inc. (NYSE: AMG), announced that it had acquired a minority equity interest in Clarfeld Financial Advisors, LLC.  

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August 19, 2013

AllianceBernstein to Acquire W.P. Stewart & Co.

On August 15, 2013, AllianceBernstein L.P. (NYSE: AB) announced that it had reached an agreement to acquire W.P. Stewart & Co., Ltd., an equity investment manager, for $12 per share in cash, plus contingent consideration of $4 per share if W.P. Stewart’s AUM reaches $5 billion on or prior to the third anniversary of the closing.

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August 19, 2013

Hansa Aktiengesellschaft to Acquire SVG Investment Managers

On August 12, 2013, Investment Europe reported that Hansa Aktiengesellschaft, a Swiss investment firm, has agreed to acquire a majority stake in SVG Investment Managers from SVG Capital.

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August 15, 2013

Sanlam Private Wealth Acquires Two Financial Planning Businesses

On August 13, 2013, Sanlam Private Wealth, a UK wealth management business, announced that it had acquired the client banks of two UK financial planning businesses, Cornforth Consultants Wealth Management and Wealthport Limited.

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August 15, 2013

Ashcourt Rowan to Acquire Assets of Generali Portfolio Management

On August 7, 2013, Ashcourt Rowan plc announced that it had agreed to acquire the assets of Generali Portfolio Management (UK) Limited for £1.1 million in cash, with up to £1 million in deferred consideration payable over the 24 months following the close of the sale.

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August 12, 2013

Grosvenor Capital Acquires CFIG From Credit Suisse

On August 1, 2013, Grosvenor Capital Management announced it will acquire the Customized Fund Investment Group (“CFIG”), a private equity, infrastructure and real estate investment management company, from Credit Suisse.

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August 12, 2013

Blackstone Completes Acquisition of Strategic Partners from Credit Suisse

On August 5, 2013, Blackstone (NYSE: BX) announced that it had completed its acquisition of Strategic Partners, Credit Suisse’s secondary private equity business.

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August 12, 2013

Ares Management and Alleghany Announce Strategic Partnership

On July 31, 2013, Ares Management and Alleghany Corporation (NYSE: Y) announced a new strategic partnership and equity investment by Alleghany in Ares.

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