On December 15, 2021, Nile Capital Group, LLC acquired a minority stake in Welton Investment Partners.
Under the terms of the transaction, Nile Capital Group, LLC (“Nile”) acquired a minority stake in Welton Investment Partners (“Welton”). The transaction closed on December 15. Further terms of the deal were not disclosed.
Nile, based in Los Angeles, California, is a private equity firm specializing in acquiring general partner stakes in boutique, niche and diverse money managers.
Welton, based in New York, New York, is an alternative asset manager managing approximately $1.3 billion in actively managed strategies.
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