IM Deals Blog

Rosemont Takes a Minority Stake in Northside Capital

Written by admin | May 20, 2024

On May 2, 2024, Rosemont Investment Group announced a minority investment in Northside Capital Management.

Rosemont Investment Group (“Rosemont”) announced a that is acquired a minority stake in Northside Capital Management (“Northside”). Further terms of the transaction were not disclosed.

Rosemont, based in Conshohocken, Pennsylvania, is a private equity firm focused on taking minority positions that support management buyouts, recapitalizations, ownership transitions, and selected start-ups in asset and wealth managers.

Northside, based in Hood River, Oregon, is an investment management firm serving family offices, high-net-worth individuals, endowments, foundations, and tax-exempt entities. as of December 2023, Northside had over $5.2 billion in assets under management and advisement.

To read the press release: please click here.