Carlyle takes minority stake in $52B Prime Capital Financial
Prime Capital Financial says 170 advisors hold equity and manage 95% of assets; Abry Partners exited in the recapitalization.
At a glance
Carlyle has taken a minority stake in Prime Capital Financial, a $52 billion firm, according to our reporting.
The recapitalization marks the exit of prior backer Abry Partners, according to Prime Capital Financial.
The advisor-ownership structure remains intact, with equity held by 170 advisors who manage 95% of the firm's assets, according to Prime Capital Financial.
Carlyle has taken a minority stake in Prime Capital Financial, a $52 billion firm, according to our reporting.
The recapitalization marks the exit of prior backer Abry Partners, according to Prime Capital Financial.
The advisor-ownership structure remains intact, with equity held by 170 advisors who manage 95% of the firm's assets, according to Prime Capital Financial.
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