Aspirity Partners I commits $135 million to Hoxton Wealth
The strategic minority investment will support international expansion, adviser recruitment, technology and selected acquisitions.
Aspirity Partners I has committed $135 million to Hoxton Wealth through a strategic minority investment. It is the wealth management company’s first external investment since its founding in 2018. Completion remains subject to customary regulatory approvals.
Hoxton combines an adviser-led model with technology for clients managing financial affairs across borders. It is headquartered in London and Dubai and advises approximately 10,000 clients across ten jurisdictions.
The investment will support international expansion, recruitment of wealth advisers, stronger leadership and processes, technology development and selected acquisitions.
Use of funds
Expand internationally, recruit wealth advisers, strengthen technology and processes, and pursue selected acquisitions