Announced
Completed
Financials
Tags
Friendly
Acquisition
Minority
Completed
Domestic
Private
Asset Managers and Custodians
asset and wealth management
United States
Single Bidder
Private Equity
Synopsis
Kennedy Lewis Investment Management, a private equity firm, completed a $175m investment in Sanctuary Wealth, a financial services company. Financial terms were not disclosed. "In a short period of time, the Sanctuary Wealth leadership team has built a world-class, client-first business that is poised to continue disrupting the highly fragmented US RIA industry. This is an exciting opportunity for Kennedy Lewis to invest behind an innovative platform as it embarks on the next stage of growth," David K. Chene, Kennedy Lewis Co-Founder.
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