Announced
Synopsis
Oak Hill Capital, a private equity investor, completed the acquisition of a minority stake in Kestra, a wealth management platform, from Stone Point Capital, a private equity firm. Financial terms were not disclosed. "The longstanding relationship with Warburg Pincus, and the addition of Oak Hill Capital, allows us to continue to scale our platform, invest in our team and bring new capabilities to financial professionals and the clients they serve," James Poer, Kestra CEO.
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