On January 9, 2023, Snowden Lane Partners announced the securing of a $100 million credit facility.
Under the terms of the transaction, Snowden Lane Partners (“Snowden”) secured a $100 million credit facility with the assistance of its private equity partner, Seward & Kissel client Estancia Capital Partners (“Estancia”).
Snowden, based in New York City, is a registered investment adviser and broker-dealer that provides wealth advisory services to high net-worth individuals, families, and institutions. Snowden services approximately $9 billion in client assets.
Estancia is a specialist private equity firm focusing on lower-middle market investments in quality asset management, wealth management, capital markets and related business services and technology firms.
To read the press release: please click here.