Ropes & Gray Advised Steward Partners in Securing Strategic Capital from Ares

Ropes & Gray Advised Steward Partners in Securing Strategic Capital from Ares

Ropes & Gray has represented , an employee-owned independent financial services firm specializing in comprehensive wealth management solutions, in raising $475 million strategic capital from Ares Credit funds (“Ares”), comprising a significant expansion of its lending relationship and a non-controlling minority investment. Ares joins Steward Partners' existing institutional partners, Cynosure Group ("Cynosure") and The Pritzker Organization ("TPO"), in backing the firm. Strategic direction and day-to-day decision-making remain with Steward Partners' leadership and partners. The transaction was announced on 18th Dec.

The Ropes & Gray team was led by Luiza Salata (Associate/ Finance) and Arek Maczka (Partner) and included Graham David Foster (Senior Attorney/ Private Equity) and Taylor Hart (Partner/ Tax), Adam Greenwood (Partner/ Executive Compensation & Employee Benefits), Kyle Higley (Partner/ Asset Management) and Brynn Rail (Partner).

If you have a news or deal publication or would like to collaborate on content, columns, or article publications, connect with the Legal Era News Network Team and email us at info@legalera.in or call us on +91 8879634922.