Reverence Capital Partners’ Osaic gets $2bn of new capital through Ares, Lexington-led CV, recapitalisation

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Reverence Capital Partners has successfully closed a continuation fund for its portfolio company Osaic, raising over $2 billion through a recapitalization vehicle. This move is a significant development in the wealth management sector, reflecting the growing interest from investors.

Reverence Capital Partners has closed a continuation fund for its wealth management solutions portfolio company Osaic, which now has more than $2bn of new capital via the vehicle and a recapitalisation. The post Reverence Capital Partners’ Osaic gets $2bn of new capital through Ares, Lexington-led CV, recapitalisation appeared first on AltAssets Private Equity News.