Aquiline Capital Partners Takes Majority Control of SageView Advisory Group
Posted on 01/05/2021
Aquiline Capital Partners LLC, founded in 2005, is a private investment firm based in New York and London investing in businesses across the financial services sector in financial technology, insurance, investment management, business services, credit and healthcare. Aquiline Capital Partners made a strategic investment in SageView Advisory Group, a retirement planning and wealth management firm, for a majority stake. Randy Long, SageView Founder and Managing Principal, and Jon Upham, Principal, will retain a significant equity stake and continue to lead the firm.
SageView has over 100 employees and 25 offices in 17 states, with more than US$ 119 billion in assets under advisement as of September 30, 2020. SageView is headquartered in Newport Beach, California. A large number of SageView’s employees will become equity holders as part of this partnership.
Advisors
Jefferies served as exclusive financial advisor and Burr Forman, LLP served as legal counsel to SageView during the process.
Ardea Partners LP served as exclusive financial advisor to Aquiline. Willkie Farr & Gallagher LLP served as legal counsel to Aquiline during the process. Wise Rhino also advised Aquiline.
