Ropes & Gray Represents Altamont Capital Partners in its Investment in Cornerstone Advisors

Ropes & Gray represented Altamont Capital Partners in its investment in Cornerstone Advisors Inc. The transaction was announced on Oct. 2. The press release is here.

Cornerstone Advisors, Inc. ("Cornerstone"), a leading provider of advisory services to banking institutions. Founded in 2002 and headquartered in Scottsdale, Arizona, Cornerstone is the leading authority on driving revenue and profitability improvements for mid-size banks and credit unions. Altamont Capital Partners is a private investment firm based in the San Francisco Bay Area with more than $2.5 billion of assets under management.

The Ropes & Gray team that represented Altamont Capital Partners was led by private equity partner Howard Glazer, and included tax partner Benjamin Rogers, employment, executive compensation & benefits counsel Ellen Sueda, private equity associate Peter Wang (all of San Francisco), employment, executive compensation & benefits associate Jennifer Cormier and tax associate Zhen Zhang (both of Boston).