Pavilion Financial Corporation announced on May 29, 2014 that it had agreed to acquire investment consulting firm LP Capital Advisors.
On May 29, 2014, Pavilion Financial Corporation, an employee-owned, global financial services firm, announced that it had agreed to acquire LP Capital Advisors, a Sacramento, California-based investment consulting firm. LPCA provides services for clients investing in alternative asset classes, with approximately $120 billion of assets under management in private equity and real assets. LPCA also provides portfolio management and investment reporting services on approximately $70 billion of alternative asset commitments. LPCA’s clients include public pension plans, sovereign wealth funds, and high net worth family offices that typically deploy $0.5 billion to $5 billion annually into alternative assets. Subject to a number of conditions, the transaction is expected to close in the coming days. Financial terms of the transaction were not disclosed.
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