General Atlantic acquires minority stake in Partners Capital

Founded in 2001, Partners Capital acts for institutional and private clients. The firm’s client base includes endowments and foundations across the US, Europe and Asia, with their missions focused on education, healthcare and the arts. Partners Capital’s private client base includes prominent ultra-high net worth families and senior members of investment firms for whom the firm manages their family endowment.

With more than $50bn in AUM, Partners Capital employs over 350 people across its seven offices located in Boston, New York, London, San Francisco, Paris, Singapore and Hong Kong.

Closing of the transaction is subject to certain regulatory conditions and client consents.

Partners Capital was advised by Spencer House Partners, Macfarlanes and Ropes & Gray. General Atlantic was advised by Freshfields Bruckhaus Deringer and PwC.

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Source: Privat Equity Wire

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