On October 22, 2024, Sixth Street Partners, LLC announced that it made an investment in Merchant Investment Management, LLC.
Sixth Street Partners, LLC (“Sixth Street”) announced on October 22, 2024, that it invested $500 million in Merchant Investment Management, LLC (“Merchant”) as part of a $750 million capital raise by Merchant. Further terms of the transaction were not disclosed.
Sixth Street, headquartered in San Francisco, is a global investment firm specializing in growth equity, infrastructure, real estate, direct lending, insurance, asset-based finance, agriculture, and public markets. Sixth Street manages over $80 billion in assets under management.
Merchant, based in New York, is an alternative asset management firm that also invests in and serves as a lender to registered investment advisors. Merchant manages approximately $180 billion in client assets.
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