Campbell Lutyens advises Cynosure Partners on the successful completion of a single asset continuation vehicle for Savant Capital Holdings, LLC.
We're pleased to announce the successful closing of a c.$270 million single-asset continuation vehicle for Savant Capital Holdings, LLC (“Savant”), a leading independent RIA platform, on behalf of Cynosure Partners (“Cynosure”), The Cynosure Group’s direct investments business.
Ten years after Cynosure’s initial investment in Savant, the transaction provided a liquidity option to Cynosure’s original limited partners. The process was significantly oversubscribed and led by Hamilton Lane, a leading global private markets firm.
The transaction reflects continued demand for scaled wealth management platforms and adds to Campbell Lutyens’ growing track record delivering strategic liquidity solutions across the financial services sector.
"We are delighted to have advised Cynosure on this successful transaction that delivers liquidity while positioning the business for future growth," said Gerald Cooper, Partner and Global Co-head of Secondaries at Campbell Lutyens. "This strength of investor demand underscores the quality of Cynosure’s platform and continued investor appetite for scaled wealth management platforms. Congratulations to all involved."