Berkshire Global Advisors acted as financial advisor to Stanhope Capital Group
Seller Details:
Arche Associates (“Arche”) was founded in 2012 and at the time of transaction oversaw approximately USD 2.5 billion for high-net-worth families and employs 20 people in Luxembourg. The firm offers wealth management and family office services, and was the first entity in Luxembourg to be approved by the Ministry of Finance under the regulatory “family office” regime. The firm also has a private investment platform focused on real estate investments, particularly in Canada.
Buyer Details:
Stanhope Capital Group (“Stanhope Capital”) was founded in 2004 and at the time of transaction oversaw approximately USD 26 billion for private clients, endowments, charities and other institutions across the globe. The firm, which employs 140 people from its offices in London, Geneva, Paris, New York, Philadelphia, Palm Beach and Boston, is active in wealth management, investment consulting, private investments and merchant banking.
Transaction Summary:
The combined company will oversee close to USD 29 billion and employ approximately 160 people across 8 offices worldwide. In addition to expanding the group’s geographic footprint, the merger will enable clients of both firms to benefit from an enhanced global investment team with strong capabilities across all asset classes, including equities, fixed income, hedge funds, private equity and real estate. Upon closing of the transaction, Stanhope Capital and Arche will operate as a single company for all intents and purposes, particularly in the area of investment research and strategy, and the three founding partners of Arche will all become shareholders in Stanhope Capital Group and carry on with their respective senior management functions.