On April 17, 2025, Procyon Partners announced a strategic minority investment from Constellation Wealth Capital.
On April 17, 2025, Procyon Partners (“Procyon”) announced a strategic minority investment from Constellation Wealth Capital, LLC (“Constellation”). Under the terms of the transaction, Procyon remains independently operated. Further terms of the deal were not disclosed.
Constellation, based in Chicago, is an alternative asset management platform dedicated to the wealth management sector. As of March 2025, Constellation had approximately $1.26 billion in assets under management.
Procyon, based in Shelton, Connecticut, is a financial advisory firm providing fiduciary investment advisory services to institutions and retirement firms, and personal wealth management services to individuals and families. Procyon has approximately $8 billion in client assets. Houlihan Lokey served as the investment banking advisor to Procyon for this transaction.
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