US private equity firm becomes Perspective's main backer

Charlesbank Capital Partners succeeds CBPE as expansion continues

Jenna Brown
clock • 3 min read

Perspective Financial Group (Perspective) has secured fresh backing from US-based private equity firm Charlesbank Capital Partners (Charlesbank) which takes over from its original investment partner CBPE Capital (CBPE).

Perspective, founded in 2008, has completed more than 80 acquisitions since launch, including 45 since CBPE invested in 2019. It said all its acquisitions had been fully integrated into the group ensuring high standards of advice and compliance whilst "enabling all acquisitions to benefit from the significant investments that have been made in central support functions and technology". It has £8bn in assets under advice and its management team - chief executive (CEO) Ian Wilkinson, chief financial officer David Hesketh, and chief regulatory officer Julie Hepworth - will remain signifi...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Trial of former Titan Wealth employee rescheduled as defence prepares abuse of process argument

Trial of former Titan Wealth employee rescheduled as defence prepares abuse of process argument

Prosecution ready to proceed but court agrees to delay trial until late August

Sahar Nazir
clock 09 May 2025 • 2 min read
Professional Adviser TV: Female leadership and overcoming business barriers

Professional Adviser TV: Female leadership and overcoming business barriers

With WIFA winner and short lister Frankie Smith

Professional Adviser
clock 09 May 2025 • 1 min read
PA Asks: What do you wear to client meetings?

PA Asks: What do you wear to client meetings?

Plus, AI and regulation, corporate bonds, and protection outsourcing

Professional Adviser
clock 09 May 2025 • 1 min read