Flexstone Partners Acquires Glouston Capital Partners to Build $15 Billion Private Markets Platform

Flexstone Partners agreed to acquire Glouston Capital Partners, a Boston-based private equity secondaries manager, to create a scaled private markets platform managing more than $15 billion across primary, co-investment and secondary strategies. The deal combines Flexstone’s global primary/co-investment capabilities with Glouston’s North American secondary presence and U.S. distribution leadership.