Hunter Point Capital and Abu Dhabi Developmental Holding Co. have made a strategic minority investment in Vistria Group, a mid-market private investment firm.
A source said HPC and ADQ have invested in Vistria separately, each holding less than 10% stake and jointly holding less than 20% stake. Terms of the deal were not disclosed.
According to Vistria’s news release on Tuesday, the strategic partnership aims to provide “long-term growth capital to help Vistria accelerate its investment strategy.”
The transaction will not change Vistria’s governance or day-to-day operations.
Kip Kirkpatrick, co-chairman and co-CEO of Vistria, said in a press release: “Since the Vistria Group was founded almost ten years ago, we have been on an accelerated growth trajectory. We are committed and confident in our approach.”
Based in Chicago, Vistria has approximately $9.5 billion in assets under management and invests in “vital industries such as healthcare, knowledge, learning and financial services.” The company aims to deliver “both economic benefit and social impact.”
New York-based Hunter Point Capital is an independent investment firm that seeks to make minority investments in middle-market alternative asset managers across private equity, credit, real estate and infrastructure in North America, Europe and Asia. ADQ is an Abu Dhabi-based investment and holding company with a broad portfolio of companies.
