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Stone Point Capital to acquire majority interest in Kestra Holdings

by Kali Persall | Oct 17, 2024

Stone Point Capital, a private equity firm focused on global financial services and related industries, has agreed to acquire a majority interest in Kestra Holdings, replacing current partner Warburg Pincus. Financial terms of the deal were not disclosed.

Pathstone to join forces with Hall Capital Partners

by Released | Oct 17, 2024

Pathstone, a partner-owned advisory firm offering highly customized investment advice and comprehensive family office services, has agreed to acquire Hall Capital Partners to further enhance its investment capabilities.

F.L. Putnam expands East Coast footprint with three acquisitions

by Released | Jul 30, 2024

F.L.Putnam Investment Management Company announced that it has acquired independent registered investment advisors Arbor Capital Management Corp. in Amherst, N.Y., Four Ponds Financial Planning LLC in Mashpee, Mass., and Ascension Asset Management LLC in New York City. The three acquisitions add more than $1.25 billion in assets under management, 10 new advisors, and new offices in Western New York and Cape Cod. Financial terms of the transactions, which closed June 30, were not disclosed.

KKR acquires Janney Montgomery Scott from Penn Mutual

by Released | Jul 24, 2024

KKR, a leading global investment firm and The Penn Mutual Life Insurance Company, announced the signing of a definitive agreement under which investment funds managed by KKR will acquire Janney Montgomery Scott LLC.
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