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GTCR completed the acquisition of a 25% stake in CAPTRUST for $313m.

Synopsis

GTCR, a private equity firm, completed the acquisition of a 25% stake in CAPTRUST Financial Advisors, an asset manager and investment advisor, for $313m. "We see great potential in the independent RIA space and believe that CAPTRUST is uniquely positioned to continue its extraordinary growth trajectory through the current market conditions and beyond. They have a history of being aggressive when markets are uncertain, so this is an ideal time to partner with Fielding and his deep bench of talented professionals," Collin Roche, GTCR Managing Director.

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