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.
On August 27, 2013, Estancia Capital Partners, L.P. announced that it has acquired a minority noncontrolling stake in Sustainable Growth Advisers, L.P. Estancia Capital Partners is a private equity fund investing in small to lower middle market asset management, wealth management and related business services firms. Sustainable Growth Advisers is a boutique asset management firm with approximately $5.3 billion in assets under management. The terms of the transaction were not disclosed.
To read the press release, please click here.