Ropes & Gray represented Charlesbank Capital Partners and Lido Advisors, an independent registered investment advisor and portfolio company of Charlesbank, on completing a strategic investment from funds managed by HPS Investment Partners to support the firm’s continued growth. The completed transaction was announced on August 7.
Lido Advisors is a leading wealth advisory firm with over $30 billion in regulatory assets under management. Charlesbank Capital Partners is a leading middle-market private investment firm with more than $20 billion of assets under management.
The team was led by private equity partner Taylor Hart, private equity senior attorney Graham Foster and private equity associates Brandon Winer and Thomas Honken and included tax partner Pamela Glazier, employment, executive compensation & benefits partners Kyle Higley and Doug Brayley, asset management partners Brynn Rail and Brian McCabe, private equity partner Michael Lee, litigation & enforcement partner Lisa Kaltenbrunner, tax counsel Denise Sohn and Tom Spera, and IP transactions counsel Thomas Burke.
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