Engagements

Advised True North Advisors (“True North”) on a strategic minority investment from Wealth Partners Capital Group and HGGC. Headquartered in Dallas, TX, True North is a wealth advisory and multi-family office providing business owners, entrepreneurs, and families with wealth management, family wealth planning, investments, and business transaction planning solutions. True North manages approximately $3.3 billion of client assets.

Advised Veritable LP (“Veritable”) on its sale to Pathstone Family Office, LLC. Based in suburban Philadelphia, Veritable is one of the first multi-family offices in the country built to serve UHNW clients. Pathstone has acquired Veritable from its management partners and Affiliated Managers Group, Inc. (NYSE: AMG). Veritable managed approximately $17 billion of client assets at the time of the announcement.

Advised Presidio Wealth Partners, LLC (“Presidio”) on a strategic investment from Hightower. Presidio is a newly-formed Houston, TX-based wealth management firm that oversees approximately $1.7 billion in AUM for UHNW family and business owner clients.

Advised Avalon Trust (“Avalon”) on the sale of the firm to Clearstead Advisors. Managing approximately $2 billion of client assets, Avalon Trust is a trust and wealth management firm headquartered in Santa Fe, New Mexico. Avalon provides investment management, trust services, and financial planning to families, trusts, and foundations nationwide.

Advised Conservation Resources on their minority sale to Diffractive Managers Group. Conservation Resources is a leading alternative investment firm focused on impact real asset investing. Since inception, they have invested over $1B across over 35 portfolio investments in six funds.

Advised Dakota Wealth Management (“Dakota”) on a strategic minority investment from Emigrant Partners. Headquartered in Palm Beach Gardens, FL, Dakota is a leading independent investment management, wealth & estate planning, and full-service tax planning business. Dakota manages approximately $2.5 billion of client assets.

Advised KORE Private Wealth (“KORE”) on the sale of the firm to CI Financial Corp. Based in New York City, KORE utilizes an interdisciplinary wealth management approach to provide wealth management, financial planning and investment management services to ultra-high net worth clients. KORE managed approximately $5.4 billion of client assets as of October 31, 2022.

Advised Beaumont Financial Partners (“Beaumont”) on their partnership with Focus Financial Partners Inc. Headquartered in Needham, MA, Beaumont delivers a comprehensive range of wealth management and family office services to affluent individuals and families, small businesses, and select institutions. Beaumont had more than $2 billion in discretionary assets under management at the time of announcement.

Advised Western Technology Investment on the sale to P10, Inc. (NYSE: PX). A pioneer in venture debt since 1980, WTI has deployed $7.8 billion in loan commitments across more than 1,400 venture-backed companies.

Advised Invictus Capital Partners on the sale of a passive strategic ownership interest to Navigator Global Investments (ASX:NGI). Invictus is a real estate credit focused alternative manager with $2.3bn in AUM as of June 30, 2022. The company acquires and manages investment portfolios primarily comprised of real estate debt securities, loans and related instruments.

Advised Penfund Management Limited ("Penfund"), a leading provider of junior capital to middle-market companies throughout North America, on the sale of a passive strategic minority interest to Bonaccord Capital Partners.

Advised Marble Capital on the sale of a minority interest to Navigator Global Investments (ASX: NGI). Marble manages $1.4 billion in AUM across a series of closed-end private equity funds. The company provides flexible capital solutions for multifamily real estate developers and operators across the United States with a portfolio consisting of more than 20,000 multifamily units across US$4.5bn in transactions.

Advised the management team of the Eaton Vance Investment Counsel Division (“EVIC”) on Morgan Stanley's sale of the division to CI Financial. Headquartered in Boston, EVIC provides comprehensive wealth management services to help its clients maintain financial security over the long term. EVIC managed more than $10 billion in assets under management at the time of announcement on behalf of families, endowments, foundations and other institutions.

Advised Polen Capital on the acquisition of DDJ Capital Management. Headquartered in Waltham, MA, DDJ is a boutique high yield, bank loan, private credit, and special situations manager with approximately $8.3 billion in assets under management as of October 31, 2021.

Advised Granahan Investment Management on the sale of a minority interest to Kudu Investment Management. Since 1985, Granahan has focused on small cap equity portfolios for institutional investors across the globe and manages approximately $5.8 billion in client assets.

Advised Clearstead Advisors and Rosemont Investment Group on the sale of a majority equity interest to Flexpoint Ford. Headquartered in Cleveland, OH, Clearstead is an institutional and private client advisory firm with approximately $29.2 billion in assets under management and advisory as of June 30, 2021.

Advised Ancora Holdings ("Ancora") on their partnership with Focus Financial Partners Inc. Headquartered in Cleveland, OH, Ancora offers integrated investment advisory, wealth management and retirement plan services to individuals and institutions across the United States. Ancora has approximately $9.4 billion in assets under management.

Advised a U.S. and London based $3+ billion middle market buy-out equity firm on raising a structured equity solution.

Advised Farr, Miller & Washington LLC ("FMW") on the sale of the firm to Hightower Advisors. Headquartered in Washington, D.C., FMW provides individuals, families, and institutions with comprehensive, conservative, long-term investment portfolios and trusted strategic advice. FMW has approximately $2.0 billion in assets under management.

Advised the management team of Campbell Global on the sale of the firm to J.P. Morgan Asset Management. Campbell Global is a leading global natural resources manager focused on sustainable forest management and timberland investing. Based in Portland, Oregon, Campbell Global currently manages $5.3 billion in assets under management for an institutional client base, consisting of more than 1.7 million acres worldwide..

Advised an Asia-based $5+ billion private equity firm in the sale of a strategic minority stake.

Advised Prairie Capital Management on their partnership with Focus Financial Partners. Headquartered in Kansas City, Prairie manages approximately $5.0 billion for a nationwide clientele of ultra-high net worth individuals, family offices, foundations, endowments and other institutions.

Advised a global $20+ billion private credit firm on raising long-term debt capital from Dyal Capital Partners.

Advised CornerStone Partners LLC on their partnership with Focus Financial Partners. Cornerstone serves as the Outsourced Chief Investment Officer and Investment Office ("OCIO") for not-for-profit organizations nationwide and has approximately $8.9 billion of assets under management.

Advised Northleaf Capital Partners on the sale of a strategic interest to Mackenzie Financial Corporation, an IGM Financial Inc. subsidiary and Great-West Lifeco Inc., members of the Power Financial group of companies. Northleaf is a leading global private markets investment firm with US$14 billion (CAD$17 billion) in private equity, private credit and infrastructure commitments under management.

Advised Price Wealth on the sale of the firm to Pathstone Family Office. Price Wealth is an independent wealth advisor based in Austin, Texas, serving UHNW individuals and families. At the time of announcement, the firm managed approximately $1.4 billion in client assets.

Advised TrueBridge Capital Partners on its sale to a holding company controlled by P10 Holdings, Inc. and the principals of RCP Advisors, LLC. Truebridge is a leading venture capital firm that invests in venture and seed/micro-VC funds focused primarily on early stage IT companies. It also invests directly in select venture and growth stage technology companies. Truebridge currently manages over $3.3 billion of AUM.

Advised Sequoia Financial Group on the sale of a minority stake to Kudu Investment Management. Sequoia, a registered investment advisor based in Akron, Ohio, provides financial planning, asset management, family wealth and retirement planning services to high net worth individuals and families. At the time of announcement, the firm managed approximately $4.7 billion in client assets.

Advised Carnelian Energy Capital, an energy investment firm with approximately $1.8 billion of cumulative equity commitments, on the sale of a minority stake to Dyal Capital Partners.

Advised ArrowMark Partners on their acquisition of the platform and assets of StoneCastle Asset Management LLC, the external investment advisor to StoneCastle Financial Corp (NASDAQ; BANX). StoneCastle Financial Corp. is a close-end investment company established to serve as an investor in community banks seeking capital for organic growth, acquisitions, share repurchases and other refinancing activities.

Advised Monashee Investment Management, an alternative investment manager offering strategies investing in equity and debt capital markets, on the sale of an equity stake to Leucadia Asset Management, an affiliate of Jefferies Financial Group. Monashee manages over $1 billion of AUM.

Advised Boston Advisors on the sale of its Private Advisory Group to CAPTRUST Financial Advisors. The Private Advisory Group provides investment advisory services to high net worth individuals and families and non-profit organizations. The Private Advisory Group managed approximately $1.5 billion in client assets at the time of the transaction.

Advised Boston Advisors on the sale of its institutional business to Knights of Columbus Asset Advisors. The institutional business managed approximately $900 million in various equity strategies for a variety of institutional clients at the time of the transaction.

Advised Proterra Investment Partners, an alternative investment manager offering private equity investment strategies focused on agriculture, food, and metals and mining, on the sale of a minority stake to Pacific Current Group Limited (ASX:PAC, Pacific Current). Proterra manages over $3 billion across its platform, which recently expanded to include agriculture private credit strategies.

Advised CarVal Investors, a leading global alternative asset manager focused on distressed and credit-intensive assets and market inefficiencies, in the development and implementation of a wider equity ownership structure in conjunction with the purchase of the business from Cargill. CarVal has approximately $10 billion in assets under management in corporate securities, loan portfolios, structured credit and hard assets.

Advised Harvest Capital Management on its merger with The Colony Group, a partner firm of Focus Financial Partners. HCM, a registered investment advisor based in Concord, New Hampshire, specializes in wealth and investment management services, business transition planning and other family office services for high net worth individuals and families.

Advised AE Industrial Partners, LP, a leading private equity firm specializing in Aerospace, Defense & Government Services, Power Generation and Specialty Industrial markets, on the sale of passive strategic minority interests to Bonaccord Capital Partners, then a division of Aberdeen Standard Investments, and funds managed by Wafra.

Advised Garda Capital Partners LP, a leading alternative investment manager specializing in fixed income relative value strategies, on the sale of a minority equity interest to Affiliated Managers Group, Inc. (NYSE: AMG). Garda manages approximately $4 billion in assets under management as of April 30, 2019 and is headquartered in Minneapolis. Garda has navigated various market cycles profitably for its investors every year since inception of its first fund in 2003.

Advised Steinberg Global Asset Management on its merger with The Colony Group, a partner firm of Focus Financial Partners. SGAM, a registered investment advisor based in Boca Raton, Florida, provides investment advisory services to high net worth individuals and families, including retirement accounts, trusts and estates. At the time of announcement, the firm managed approximately $1.0 billion in client assets.

Sale of $1.0+ billion wealth firm.

Advised Resolute Investment Managers (formerly American Beacon Advisors) on the purchase of a majority stake in SSI Investment Management. SSI Investment Management, based in Beverly Hills, manages $1.9 billion in a variety of convertible strategies for its clients.

Advised Resolute Investment Managers (formerly American Beacon Advisors) on the purchase of a minority stake in RSW Investments. RSW Investments, based in New Jersey, manages $2.2 billion of municipal bond separate accounts for its clients.

Advised Integra Capital Limited (Integra Capital), a Canadian investment management company on the sale of the firm to Willis Towers Watson (NASDAQ:WLTW ). The two companies have had a strategic alliance the last three years, with Integra Capital providing portfolio management, dealer and back office services for Willis Towers Watson's Canadian Delegated Investment Solutions business. They jointly serve 20 Canadian clients with CAD 6.3 billion in assets under management. Upon completion of the transaction, Integra Capital Limited will become a wholly owned subsidiary of Willis Towers Watson and act as a registered company with responsibility for Willis Towers Watson's Canadian Delegated Investment business.

Advised Piedmont Investment Advisors on the sale of the firm to FIS Group, Inc., an asset management firm focused on emerging manager strategies. Piedmont Investment Advisors, based in Durham, NC, managed approximately $4.7 billion of equity and fixed income portfolios for institutions at the time of the announcement.

Advised Resolute Investment Managers (formerly American Beacon Advisors) on the launch of Continuous Capital, an affiliate company, and simultaneous hire of Morley Campbell as President and Chief Investment Officer. Continuous Capital initially will focus on an emerging market equity strategy with other investment strategies to be launched over time. Mr. Campbell joins the firm from Allianz Global Investors, where he previously served as a managing director and portfolio manager on a team overseeing more than $3 billion in client assets.

Advised the management team on restructuring its equity ownership, with the objective of facilitating the transfer of equity interests among key employees while maintaining the firm's independence. Altair managed approximately $4.5 billion in client assets under advisement at the time of the restructuring, primarily for high net worth families and individuals.

Advised Eton Advisors on their partnership with Focus Financial Partners. Eton Advisors is a leading independent wealth management boutique serving affluent families across North America. Eton managed approximately $1.2 billion in client assets, with a focus on the ultra-high net worth / multi-family office segment.

Advised Breton Hill Capital, a Toronto-based investment management firm offering a range of quantitatively-based investment solutions, on the sale of the firm to Neuberger Berman. Breton Hill Capital managed approximately USD $2.0 billion in client assets at the time of announcement.

Advised Assured Guaranty Ltd. on its acquisition of a strategic minority interest in Wasmer, Schroeder & Company. With approximately $8 billion in assets under management, Wasmer, Schroeder manages fixed income strategies for a high net worth and institutional client base.

Advised Resolute Investment Managers (formerly American Beacon Advisors) on the sale of a minority stake in affiliate ARK Investment Management to Nikko Asset Management. The Global Fintech Equity Fund Nikko launched in December 2016 with ARK as a subadviser had total assets of $678 million as of the end of July 2017. Total assets at ARK exceeded $1.3 billion as of the end of July 2017.

Advised Golden Capital on its sale of the controlling interest in the firm to Wells Capital Management. Wells Capital owned a majority interest in Golden Capital since 2011. At the announcement of the transaction, Golden Capital managed about $10 billion in enhanced equity strategies for institutional and managed account clients.

Advised VennWell on the sale of the firm to RMB Capital Management. VennWell is a registered investment advisory firm based in Lake Forest, IL. VennWell provides financial planning and investment management services to individuals, families and organizations.

Advised management of Boston Partners Global Investors on the internal governance and financial arrangement with its parent company. At the time of the assignment, Boston Partners Global Investors managed more than $90 billion across a wide range of domestic and global value equity and alternative strategies for a diverse client base of institutional and individual investors.

Advised the management team of Glouston Capital Partners on Legg Mason's sale of the firm to management. Glouston is a private equity secondaries and primary fund-of-funds investment specialist with over 20 years of dedicated experience and approximately $2.4 billion in committed capital as of December 31, 2016.

Advised Century Capital Management on the sale of the firm to Congress Asset Management, including the proposed reorganization of their two mutual funds (CENSX) (CSMVX) into the Congress Asset Management family of funds. Century Capital Management, a Boston based firm, manages $670 million of equity portfolios for mutual funds and institutional clients. Congress Asset Management, also a Boston based firm, manages approximately $8B of AUM for institutional and private clients.

Advised Shapiro Capital Management, an investment management firm offering a range of value-based equity investment solutions, on the sale of a majority interest to American Beacon Advisors. Shapiro Capital Management managed approximately $4.3 billion of client assets as of January 31, 2017. As part of the transaction, certain senior members of the investment team will increase their ownership interest in the firm.

Advised PacWest on the sale of the firm to Benefit Financial Services Group, a partner firm of Focus Financial Partners. PacWest is a registered investment advisory firm based in Phoenix, AZ. PacWest provides comprehensive wealth management and financial planning services to approximately 200 families and individuals.

Advised Crestwood Advisors on their partnership with Focus Financial Partners. Crestwood Advisors is a registered investment advisory firm based in Boston, MA. It managed approximately $1.4 billion in client assets at the time of the transaction, primarily for high net worth families and individuals.

Advised West Capital Management, a Philadelphia-based wealth management firm on its strategic sale to WSFS Financial Corp (NASDAQ: WSFS ). West Capital managed approximately $700 million of client assets at the time of the announcement.

Advised American Beacon Advisors, a leading provider of investment advisory services to institutional and retail markets, on its acquisition of a controlling interest in Crest Investment Partners from Cypress Capital Group. Crest Investment Partners is an independent registered investment advisory firm providing quantitative, fundamentally-driven investment solutions to institutional and individual clients. Crest Investment Partners is the second acquisition for American Beacon's multi-affiliate investment management holding company, following on the ARK Investment Management acquisition in July 2016.

Advised Analytic Investors, LLC, an investment management firm offering a range of quantitatively-based equity investment solutions, on the sale of the firm to Wells Fargo Asset Management. Analytic Investors, LLC managed approximately $15 billion of client assets at the time of the announcement.

Advised Piedmont Investment Advisors on the acquisition of NCM Capital, with AUM of $470 million. With the addition of NCM, Piedmont will have more than $1 billion of fixed income AUM and $6.3 billion of total AUM. Both firms are based in Durham, NC.

Advised American Beacon Advisors, a leading provider of investment advisory services to institutional and retail markets, on its acquisition of a minority interest in ARK Investment Management, a New York based federally registered investment adviser that offers registered and unregistered investment products, including a suite of exchange-traded funds focused on disruptive innovation. ARK Investment Management is the first asset manager in which American Beacon Advisors has taken an ownership position, and in advance of the transaction, Colchester Partners is advising the firm on the creation of a multi-affiliate investment management holding company.

Advised Bradford Marzec in management buy-out transaction with Tortoise Credit Strategies LLC.

Advised Emerson Investment Management, LLC, a wealth management firm based in Boston, MA, on the merger of the firm into Boston Financial Management. Emerson managed approximately $700 million of client assets at the time of the announcement.

Advised HHG & Company, LLC, a HNW firm based in Darien, CT, on the sale of the firm to Wealth Enhancement Group. HHG & Company, LLC managed approximately $1.0 billion of client assets at the time of the announcement.

Advised Fiduciary Management Associates on the sale of the firm to Mesirow Financial. Fiduciary Management Associates, based in Chicago, IL, managed approximately $1.7 billion of small and smid cap value portfolios for a variety of institutional and sub advisory clients at the time of the announcement.

Advised Polen Capital Management, LLC on the sale of a minority interest to iM Square, a global investment and development platform for the asset management industry. iM Square founding shareholders include Amundi, Eurazeo and La Maison. Polen Capital Management, LLC manages approximately $7.5 billion of US Large Cap and Global equity portfolios for institutions and individuals, and serves as the advisor to the Polen Growth and Polen Global Growth mutual funds. In conjunction with this minority non-voting equity investment from iM Square, the employees of Polen Capital Management have increased their ownership from 51 percent to 60 percent.

Advised Douglas C. Lane & Associates on their partnership with Focus Financial Partners. Douglas C. Lane & Associates is a registered investment advisory firm based in New York City and manages approximately $4.3 billion in client assets on behalf of high net worth families, trusts, pensions, endowments, foundations and institutions.

Advised the management team of FORT L.P. on the sale of a minority interest owned by Capital Z Investment Partners to Goldman Sachs' Petershill II fund. FORT L.P. is a managed futures specialist with approximately $1.5 billion of assets under management.

Advised Strategic Global Advisors, LLC on the sale of a minority interest to Nile Capital Group, a private equity firm providing capital and services to boutique and emerging asset managers. Strategic Global Advisors, LLC manages over $2.5 billion of international and global equity portfolios for institutions and individuals.

Advised EnCap Investments, the leading provider of private equity to the independent sector of the U.S. oil and gas industry, on the sale of a minority interest to Dyal Capital Partners. Since 1988, EnCap Investments has raised 19 Funds totaling approximately $27.5 billion and currently manages capital on behalf of more than 300 U.S. and international investors.

Advised Federal Street Advisors, a Boston-based ultra HNW firm, on its merger with Pathstone Family Office. Federal Street Advisors managed $4 billion of client assets at the time of the transaction. Combined, the two firms will be a multi-family office with more than $7 billion of client assets.

Advised myCIO Wealth Partners LLC on the sale of a majority equity interest in the firm to AMG Wealth Partners, L.P. Based in Philadelphia, myCIO is a Comprehensive, Independent and Objective (CIO) financial advisory firm founded in 2005, advising approximately $7 billion in client assets.

Advised Baker Street Advisors, a San Francisco-based ultra HNW firm, on its sale of a majority equity interest to AMG Wealth Partners. Baker Street currently manages $6 billion of client assets.

Advised management team on restructuring its equity ownership, with the objective of facilitating the transfer of equity interests among key employees while maintaining the firm's independence. Vision Capital manages more than $1 billion in equity and fixed income strategies for institutional and high-net-worth clients.

Advised the management team of Colony Realty Partners on the transfer of their equity interests into the proposed combination of Colony Financial with Colony Capital and Colony Realty Partners. Founded in 2005, Colony Realty Partners is a private equity real estate investment firm with over $4 billion invested in more than 170 individual assets in twenty-two US markets.

Advised Paul St. Onge on the sale of the business to GW & Wade, a partner firm of Focus Financial Partners, LLC. Paul St. Onge is a East Greenwich, R.I.-based sole practitioner with $150 million in AUM, serving clients in New England and Florida for over 25 years.

Advised 361 Capital on the sale of a minority interest in the firm to Lovell Minnick Partners. 361 Capital is a Denver-based asset management firm specializing in liquid alternative investments, accessible primarily through mutual funds.

Advised the management team of River Road Asset Management in Aviva Investors' sale of the firm to management and AMG. River Road specializes in value-oriented equity management for institutional investors around the world. River Road manages approximately $11 billion for clients on 3 continents and in 12 countries. River Road was established in 2005 and has been a Colchester Partners client for 4 engagements since 2007.

Advised Rainier on restructuring its existing ownership with the objective of facilitating the transfer of equity interests among employees while maintaining the firm's independence. This also involved advice on the firm's succession plans, the buy-out of retired partners, internal governance and capital structure. At the time of the assignment, Rainier managed a variety of growth equity strategies for institutional and retail clients.

Advised the four members of Perkins' senior management team on restructuring their economic arrangement with Janus Capital, which is Perkins' parent company. At the time, Perkins managed approximately $15 billion for institutional and retail clients.

Advised Regiment Capital Advisors on ownership and management succession and the design and implementation of new equity arrangements and governance structures. Regiment manages $6 billion of assets on behalf of primarily institutional investors across a long/short credit focused hedge fund, high yield and bank loan separate accounts, and a CLO.

Advised Aster Investment Management Co. on the announced sale to Arrowpoint Partners. Aster Investment Management is the investment adviser to the $2.9 billion Meridian mutual fund family. The transaction is expected to close in the third quarter of 2013.

Advised Fountain Capital Management on the sale of a majority interest to Palmer Square Capital Management, an affiliate of Mariner Holdings. Fountain Capital Management manages approximately $1.1 billion in high-yield bond and bank loan portfolios with a particular focus on higher credit quality sectors.

Advised SCS Financial Services on the sale of a minority interest in the firm to Stone Point Capital's Trident V Fund.  SCS Financial Services is a Boston-based ultra-high-net-worth advisor and hedge fund-of-fund manager with more than $9 billion in assets under management.

Advised McDonnell Investment Management on the sale of the business to Natixis Global Asset Management. McDonnell Investment Management manages approximately $13.5 billion of investment grade and municipal bond portfolios for institutions and high net worth clients.

Advised Michael Pierre on the transfer of $505 million in client accounts related to his Focused Value product from Moody Aldrich Partners to Anchor Capital Advisors, as well on his concurrent hiring by Anchor as a Senior Vice President and Portfolio Manager. Anchor Capital Advisors, a majority-owned subsidiary of Boston Private Financial Holdings, manages $6.3 billion across a variety of equity strategies.

Advised Fountain management on the repurchase of a minority interest in the firm from Atlantic Asset Management. Following the transaction, the firm is 100% owned by current and former employees. Fountain Capital Management manages approximately $1.2 billion of U.S. High Yield Fixed Income assets on behalf of institutional investors.

Advised McDonnell Investment Management on the announced sale of its Alternative Credit Strategies business to THL Credit Advisors, the credit affiliate of Thomas H. Lee Partners. ACS manages $2.5 billion in bank loan and high yield bond assets. McDonnell Investment Management manages approximately $15 billion of investment grade and municipal bond portfolios for institutions and high net worth clients.

Advised Veritable LP on the sale of an equity interest in the firm to AMG Wealth Partners. Following the transaction, Veritable's management and employees will hold a significant equity interest in the business and continue to direct its day-to-day operations. A leading wealth management firm, Veritable manages over $10 billion of assets across nearly 200 ultra-high-net-worth families.

Advised management on the repurchase of the firm from Legg Mason. Following the transaction, the firm is 100% employee owned. At the closing of the transaction, Bartlett & Co. managed $2.8 billion of assets primarily on behalf of high net worth clients.