Mark Scott

Wealth Partners Capital Group and HGGC Establish Strategic Partnership With True North Advisors

Retrieved on: 
Wednesday, January 24, 2024
Finance, Consulting, Banking, Professional Services, Other Professional Services, Alston & Bird, LLP, Multimedia, Partnership, Kirkland & Ellis, RIAS, HGGC, Investment, Creativity, Mark Scott, WPCG, Growth

True North Advisors, LLC (“True North”), a Texas-based registered investment adviser (“RIA”), today announced it has entered into a strategic partnership with Wealth Partners Capital Group (“WPCG”), a financial services holding company, and HGGC, a firm focused on partnership investing.

Key Points: 
  • True North Advisors, LLC (“True North”), a Texas-based registered investment adviser (“RIA”), today announced it has entered into a strategic partnership with Wealth Partners Capital Group (“WPCG”), a financial services holding company, and HGGC, a firm focused on partnership investing.
  • WPCG and HGGC have made a minority equity investment in True North to help accelerate True North’s growth via targeted acquisitions.
  • The management team of True North remain majority shareholders and will continue to control the decision-making and operations of the firm.
  • Alston & Bird and Kirkland & Ellis LLP served as legal counsel to True North and the new investor group, respectively.