Rosemont completed the investment in Northside Capital Management.

Rosemont, a private investor in employee-owned asset and wealth management firms, completed the investment in Northside Capital Management, an outsourced investment manager for ultra-high net worth families. Financial terms were not disclosed. Rosemont’s investment in Northside is a recapitalization intended to support the company’s stability and commitment to independence. As a minority investor, Rosemont will provide guidance on all aspects of the business, as well as enhanced governance.