![]() ![]() The Pritzker Organization will be a great partner, and we look forward to a long and productive relationship with them.” “This additional capital will support our efforts to continue growing our network into additional markets. “Steward Partners has been realizing steady growth both organically and strategically over the last few years, as in our recent expansion to the west coast with the acquisition of Umpqua Investments,” states Hy Saporta, Steward Partners’ President. The Cynosure Group, a Salt Lake City-based private investment firm serving families and foundations, made a $50 million investment in Steward in March of 2019, and will remain fully invested. The Pritzker Organization’s investment is only the second time Steward Partners has accepted outside capital. The Pritzker Organization’s history over the past 60 years has led to investments in over 200 firms representing $30 billion in equity value. ![]() Their permanent capital base gives The Pritzker Organization the ability to invest for long-term appreciation.” The Pritzker family’s “buy to build” strategy is the opposite of the typical private equity “buy to sell” mentality. We want to make sure that our goals and long-term vision are in alignment. “We’ve been very selective when it comes to choosing outside investors. “We’re pleased to welcome The Pritzker Organization as a minority investor in Steward Partners,” said Jim Gold, Steward Partners’ CEO. WASHINGTON, J/PRNewswire/ - Steward Partners Global Advisory, LLC, an employee-owned, full-service independent wealth management firm, announced today the closing of a $100 million minority investment by The Pritzker Organization, which will give them two seats on Steward’s independent Board of Directors. Steward Partners Global Advisory > Steward Partners Secures Investment from The Pritzker Organization Posted on May 26, 2023 By admin Steward Partners Secures Investment from The Pritzker Organization Home > News > ![]()
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