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Estancia Capital Takes Minority Stake in Sustainable Growth Advisers

Estancia Capital Partners has acquired a minority stake in Sustainable Growth Advisers. Financial terms weren’t announced. Stamford, Conn.-based Sustain Growth is a boutique asset management firm.

PRESS RELEASE

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–Estancia Capital Partners, L.P. (“Estancia”), a leading private equity fund focused exclusively on the asset and wealth management industries, announced that they acquired a minority noncontrolling interest in Stamford, Conn., based Sustainable Growth Advisers, L.P. (“SGA”). SGA is a boutique traditional equity manager focused on providing high value-added active U.S. and Global growth equity mandates for sophisticated clients. Terms of the transaction were not disclosed.
Michael Mendez, Partner at Estancia, commented, “We were attracted to the ‘Institutional Quality’ of SGA’s investment team and process. The firm’s distinct culture and history of delivering top peer group relative performance are exceptional. We will continue to support a shared vision of creating an investment firm focused on fundamental research and exceptional client portfolio management. Estancia looks forward to assisting SGA with the firm’s continued development.”
Robert Rohn, an SGA Co-Founder, stated, “Importantly SGA will continue to operate independently and under the leadership of the existing management team that will continue to own a majority equity stake in the business. We are excited about the strategic partnership with Estancia. Their principals represent significantly different partners than traditional strategic and financial buyers. They are operationally oriented and focused on investing in boutique asset management firms. Their founders are industry veterans with significant experience in guiding firms through multiple phases of growth.”
About Sustainable Growth Advisers
Founded in 2003 by George Fraise, Gordon Marchand and Robert Rohn, Sustainable Growth Advisers is a boutique asset management firm looking to preserve and grow the capital of their clients through disciplined management of equity portfolios. Their mission is to build enduring relationships, based on integrity, excellence and teamwork, that add value for their clients, employees and community. SGA currently manages approximately $5.3 billion of assets on behalf of institutional, intermediary and retirement plan clients.
www.sgadvisers.com
About Estancia
Estancia is a private equity firm focused on small to lower middle market investments in Institutional Quality asset management, wealth management and related business services firms. The Principals – Messrs. Mendez, Moriuchi, Kang and Kurttila – have a history of partnering with management and investment teams in providing equity, growth and working capital to facilitate strategic and opportunistic development of portfolio companies including management buy-outs from larger financial firms, private ownership/succession transitions, growth initiatives and investment team lift-outs. Estancia is currently investing its first institutional fund, Estancia Capital Partners, L.P., on behalf of a diversified base of over 30 Limited Partners.