April 13, 2018
Lincoln Peak Capital completed its minority investment in Anchor Capital Advisors (“Anchor”), a value-focused asset manager and wealth advisory firm, as part of Anchor’s previously announced management buy-out from Boston Private Financial Holdings. Through this transaction, Anchor’s management team re-assumed majority ownership and control of their firm. Lincoln Peak Capital assisted Anchor in structuring, negotiating and financing the buy-out and will hold a passive minority stake in the firm going forward. The repurchase reflects the culmination of a longer term succession process instituted to position the firm for future success and achieve better alignment with Anchor’s long-term vision and strategy. Headquartered in Boston, MA, Anchor currently manages approximately $9 billion in assets serving both individual and institutional investors across nine equity and fixed income investment strategies.