Goldman Sachs Alternatives (GSA) has become a minority shareholder in advisory business The Private Office (TPO) in a move which will fuel the Chartered firm’s “ambitious growth plans”.
The investment, announced today (28 January), comes alongside a "significant reinvestment" by TPO's management team let by CEO Stuart Phillips. The GSA minority shareholder investment is subject to regulatory approval. PA reported on the firm being up for sale in December last year. TPO was founded in Leeds in 2008. It has grown to become a national financial advice and planning firm. It manages more than £3bn of client assets. Phillips said: "GSA is the ideal partner to support our ambitious growth plan as we continue to build the UK's leading organically grown Chartered financial...
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