Constellation Wealth Capital Makes Strategic Minority Investment in Procyon Partners

Constellation Wealth Capital Makes Minority Investment in BIP Wealth

February 25, 2026

Wealth Management

Atlanta-based registered investment advisor BIP Wealth has secured a strategic minority investment from Constellation Wealth Capital to support organic and inorganic growth, accelerate its acquisition strategy, and enhance its advisor support platform while maintaining independence. The capital partnership will help fuel future partnerships and acquisitions, particularly across the Southeast and other targeted growth markets.

Constellation Wealth Capital Makes Strategic Growth Investment in AlphaCore Wealth Advisory

December 5, 2023

Wealth Management

Constellation Wealth Capital has made a strategic minority investment in AlphaCore Wealth Advisory to provide growth capital. The funding will support AlphaCore’s expansion plans — including hiring and pursuing strategic mergers and acquisitions — while CWC will provide capital and strategic advisory support to the wealth management platform.

Procyon Acquires OLV Investment Group

December 14, 2025

Financial Services

Procyon, an independent registered investment advisory firm and Dynasty network partner headquartered in Shelton, Connecticut, has acquired OLV Investment Group, adding approximately $500 million in assets under management. The deal brings seven financial advisors and roughly 13 support staff onto Procyon’s platform, expanding the firm’s geographic footprint into Michigan and Texas and lifting Procyon’s AUM to nearly $9 billion.

Capital Constellation Acquires Minority Stake in Avista Capital Partners

January 12, 2021

Financial Services

Capital Constellation, a group of institutional investors managed by Wafra Inc., acquired a minority ownership interest in New York-based private equity firm Avista Capital Partners. The strategic investment provides Avista with growth capital to expand its healthcare-focused investment platform and increase commitments to its funds; Houlihan Lokey and Kirkland & Ellis served as advisors on the transaction.

Procyon Acquires Wooster Corthell Wealth Management

July 8, 2025

Financial Services

Procyon, an independent registered investment advisory firm, has acquired Wooster Corthell Wealth Management, a Connecticut-based boutique advisory managing about $600 million in client assets. The deal expands Procyon's northeastern footprint and increases its assets under management to roughly $8 billion; Wooster Corthell's Glastonbury office will continue operations with three advisors and five staff joining Procyon's team.

Capital Constellation (advised by Wafra) and Investcorp Strategic Capital Group Acquire Minority Stake in MML Capital

May 1, 2023

Financial Services

Capital Constellation (advised by Wafra) and Investcorp Strategic Capital Group (ISCG) have taken passive, minority GP stakes in London-headquartered alternatives investment firm MML Capital to support the firm’s long-term growth and global distribution. The transaction leaves MML majority-owned and run by co-CEOs Bal Johal and Ian Wallis, and also facilitates the withdrawal of founder Rory Brooks CBE.