Macfarlanes advises Partners Capital Investment Group on an investment from General Atlantic

09 February 2024

Macfarlanes has advised its longstanding client, Partners Capital Investment Group (Partners Capital), a global outsourced investment office, on a minority investment from General Atlantic, a leading global growth equity investor.

Founded in 2001, Partners Capital is an outsourced investment office firm with more than $50bn in AUM and over 350 employees across offices in Boston, New York, London, San Francisco, Paris, Singapore, and Hong Kong. The firm’s client base includes distinguished endowments and foundations across the U.S., Europe and Asia, together with prominent ultra-high net worth families and senior members of investment firms for whom the firm manages their family endowment.

General Atlantic is a leading global growth investor with more than four decades of experience providing capital and strategic support for over 500 growth companies throughout its history. The firm has over $80bn in AUM and more than 280 investment professionals based in offices across the globe.

This transaction brings together two premier investment firms, enabling Partners Capital to leverage General Atlantic’s extensive global network and capabilities as the firm cements the next generation of the firm’s leadership and continues to deliver investment excellence for its clients.

Completion of the transaction is subject to various regulatory conditions and client consents.

The Macfarlanes team was led by corporate M&A partners Alex Edmondson and Nicholas Page, alongside tax partner James McCredie. They were assisted by senior associate Dennis Mok, and associates Ollie Morris and Will Davison (in corporate M&A), together with senior counsel Alex Ereira, senior associate Florence Barnes, and associates Sam Pettinger-Harte and Sam Shillam (in tax).  Regulatory expertise was provided by partner Alexandra Green and senior associate Rachael Preston.

Arjun Raghavan, CEO of Partners Capital, said: “We were delighted to be supported by the Macfarlanes team on this exciting transaction. The quality of their work is always exceptional and is underpinned by a deep understanding of our business. They provide innovative and practical solutions to complex problems, and it was a pleasure to work with them again as we enter this new chapter in the evolution of Partners Capital.”