Constellation Wealth Invests in Perigon Wealth


February 8, 2024

On January 16, 2024, Perigon Wealth Management announced that Constellation Wealth Capital has acquired an interest in its firm.

Perigon Wealth Management (“Perigon”) announced on January 16, 2024 that Constellation Wealth Capital (“CWC”) acquired minority interest in Perigon. Further terms of the deal were not disclosed.

CWC, based in Chicago and led by Managing Partner Karl Heckenberg, is an alternative asset management platform dedicated to the wealth management sector. CWC is minority-backed by Black Owl Capital Investments (NYSE: OWL) (“Black Owl”). As of September 2023, Black Owl had $157 billion in assets under management.

Perigon, based in San Francisco, California, is a registered investment advisor and independent wealth management firm providing investment and financial planning services. As of December 2023, Perigon had $6.5 billion in client assets.

To read the press release: please click here.

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