Constellation Wealth Capital has held a final closing of its inaugural fund, Constellation Wealth Capital Fund.
With capital commitments exceeding $1 billion, the fund was oversubscribed following strong support from a diverse group of institutional limited partners including insurance companies, endowments, foundations, asset managers and funds of funds, and family offices. The fund seeks to provide investors with attractive risk-adjusted returns through structured minority investments in well-positioned wealth management firms throughout the United States.
Founded in 2023 by Karl Heckenberg, Constellation focuses on providing flexible, long-term capital solutions to wealth management firms, enabling owners to maintain their independence and providing access to growth capital to strategically expand their platforms both organically and inorganically. CWC also offers value-added advisory services to the companies in which it invests in an effort to help enhance the ope
