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FUNDRAISING NEWS | October 23, 2024
Tags: Private Equity, RIA, New Investment
Sixth Street Partners has reportedly invested $500M in Merchant Investment Management, which takes minority stakes in wealth management firms and service providers, as part of a $750M capital raise by Merchant, an unnamed source told Citywire.
According to its web site, New York-based Merchant holds approximately $155B in assets across its ecosystem as a minority investor in 84 RIAs and service providers. San Francisco-based Sixth Street Partners manages over $80B in AUM from investments in more than 25 countries, per its website.
Written By: Dakota
November 26, 2024
December 13, 2024
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