Emigrant Invests in SteelPeak


February 13, 2023

On February 1, 2023, Seward & Kissel client Emigrant Partners, LLC announced a strategic minority investment in SteelPeak Wealth.

Under the terms of the transaction, Emigrant Partners, LLC (“Emigrant”) acquired an interest in SteelPeak Wealth (“SteelPeak”). Emigrant has acquired a minority, non-voting stake in SteelPeak. Financial terms were not disclosed.

Emigrant, based in New York, is a capital advisory services partner specializing in non-voting, minority investments in wealth and asset managers. Emigrant is currently partnered with 19 firms with approximately $86 billion in aggregate assets under advisement.

SteelPeak, based in Los Angeles, is a registered investment management company that offers wealth and estate planning with tax planning services for high-net-worth individuals, families and institutions. SteelPeak has $2 billion in assets under management.

To read the press release: please click here.

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