Ropes & Gray Represents Charlesbank Capital Partners and Lido Advisors in Strategic Partnership with HPS Investment Partners

In The News
May 21, 2025

Ropes & Gray represented Charlesbank Capital Partners and Lido Advisors, an independent registered investment advisor and portfolio company of Charlesbank, in a strategic partnership with HPS Investment Partners. The transaction was announced on May 21 and is expected to close in the third quarter of 2025.

Headquartered in Los Angeles, Lido is a full-service, independent registered investment advisor with over $30 billion in assets under management. Charlesbank, based in Boston and New York, is a middle-market private investment firm with more than $20 billion of capital raised since inception.

The team was led by private equity partner Taylor Hart, private equity senior attorney Graham Foster and private equity associate Brandon Winer and included tax partner Pamela Glazier, litigation & enforcement partner Lisa Kaltenbrunner, employment, executive compensation & benefits partners Kyle Higley and Doug Brayley, asset management partners Brynn Rail and Brian McCabe, tax counsel Denise Sohn and Tom Spera, and IP transactions counsel Thomas Burke.