Perspective Financial Group Announces Completion of New Investment from Charlesbank Capital Partners
2024年5月9日 - 1:05AM
Perspective Financial Group Ltd (‘Perspective’ or the ‘Group’)
announced today that Charlesbank Capital
Partners (‘Charlesbank’) has completed its previously
announced investment in Perspective, following receipt of
regulatory approval from the Financial Conduct Authority.
Charlesbank is a US-based firm that originally oversaw private
equity investments inside the Harvard University endowment and
became independent in 1998. The management team remains significant
shareholders alongside Charlesbank.
Founded in 2008, Perspective is a leading independent financial
adviser (‘IFA’) firm with approximately £8.0 billion in Assets
Under Advice. The business has experienced significant growth, and
today has approximately 535 staff, including 145 financial
planners, operating out of the Group’s nearly 40 offices
across the United Kingdom.
“We are excited to welcome Charlesbank’s investment and believe
that it will further strengthen our position as the UK’s premier
client-centric financial planning firm,” said Ian Wilkinson, Chief
Executive Officer at Perspective. “Charlesbank shares our vision of
delivering superior value and service for clients, and we are
confident that our partnership will enable Perspective to add scale
and resources that will result in greater opportunities for our
employees, an overall reduction in the TERs paid by our clients,
and an enhanced client experience.”
Terms of the investment remain confidential. Clients will not
experience any changes to the way in which they are serviced or
charged as a result of the transaction.
About Perspective Financial GroupBased in
Chorley, Perspective Financial Group Ltd is a leading independent
financial advisor firm providing specialised financial planning and
wealth management services to individuals, families, trusts, and
companies. Operating out of nearly 40 offices, Perspective’s local
teams are all led and managed by experienced financial planners and
supported by long-serving support staff. Whether you are looking
for advice on retirement planning, investment, inheritance tax
planning, personal wealth, or corporate planning (to name a few),
Perspective financial planners will be able to provide trusted
advice. Please visit www.pfgl.co.uk for more information.
About Charlesbank Capital PartnersBased in
Boston and New York, Charlesbank Capital Partners is a
middle-market private investment firm with more than $17 billion of
capital raised since inception. Charlesbank focuses on
management-led buyouts and growth capital financings, as well as
opportunistic credit and technology investments. The firm seeks to
build companies with sustainable competitive advantage and
excellent prospects for growth. Please visit www.charlesbank.com
for more information.
For Further
Information:Ian Wilkinson, Chief
Executive Officer, Tel: 0161 244 9759 or Email:
ian.wilkinson@pfgl.co.uk David Hesketh,
Chief Financial Officer, Tel: 0161 244 9759 or Email:
david.hesketh@pfgl.co.uk Charles Penn,
Group Head of Marketing, Tel: 07799 821904 or Email:
charles.penn@pfgl.co.uk
Charlesbank Media
Contacts:Ryan FitzGibbon / Dan Ivers /
Peter GavarisProsek Partnerspro-charlesbank@prosek.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/1c73e83e-0825-4781-82f3-35b056ee7b89