- Partners Capital’s investment operations will operate independently of GA
- GA is a global growth investor
- The firm has around $83bn in assets under management
General Atlantic (GA) will make a minority investment in Partners Capital Investment Group, a global outsourced investment office, by buying a portion of the equity from external shareholders and some of the founding generation partners.
Partners Capital has more than $50 billion in assets and has offices in Boston, New York, London, San Francisco, Paris, Singapore and Hong Kong.
Partners Capital’s leadership team will see a step change increase in their ownership of the firm as part of the transaction.
Partners Capital’s investment operations will operate independently of GA.
“We believe the outsourced investment office market is one of the most attractive segments in asset management,” said Gabriel Caillaux, co-president, MD and head of climate and EMEA, and Caroline Woodworth, MD at GA. “Within this, Partners Capital stands out for its premier client service, geographic breadth, track record of investment performance and scalable model.”
The completion of the transaction is subject to regulatory conditions and client consents.
GA is a global growth investor with around $83 billion in assets under management as of 31 December 2023. It has offices in New York, Amsterdam, Beijing, Hong Kong, Jakarta, London, Mexico City, Miami, Mumbai, Munich, San Francisco, São Paulo, Shanghai, Singapore, Stamford and Tel Aviv.
Partners Capital was advised by Spencer House Partners, Macfarlanes and Ropes & Gray. General Atlantic was advised by Freshfields Bruckhaus Deringer and PwC.