Charlesbank Capital Partners Commits $250M to Rise Growth Partners
February 1, 2024
Charlesbank Capital Partners has committed $250 million to Rise Growth Partners to provide growth capital that Rise will use to acquire minority stakes in high-growth registered investment advisors (RIAs). Rise, based in Austin, will leverage the capital and its operating team to provide strategic guidance and accelerate partner RIAs' organic growth and M&A activity.
- Buyers
- Charlesbank Capital Partners
- Targets
- Rise Growth Partners
- Industry
- Wealth Management
- Location
- Texas, United States
- Transaction Type
- Growth capital
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