Announced
Completed
Financials
Tags
Private Equity
Private
Acquisition
United States
Completed
Private Equity
Minority
Domestic
Friendly
asset management firm
Single Bidder
Synopsis
Hunter Point Capital, a private equity firm, completed the acquisition of a minority stake in Iron Park Capital, a private equity firm. Financial terms were not disclosed. All proceeds of the investment will go to IPC’s balance sheet. IPC’s investment process, management and day-to-day operations will remain unchanged. “The HPC team shares our focus on alignment with institutional investors and partners, our long-term orientation and our conviction that the highly experienced IPC team can unlock value to generate superior risk-adjusted returns," Tripp Smith, IPC Founder and CEO.
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