Kirkland & Ellis advised Valeas Capital Partners (Valeas), a growth-oriented equity investment firm, on its agreement to acquire a minority stake in Sequoia Financial Group (Sequoia), an SEC-registered wealth management firm with approximately $10 billion in client assets. Under terms of the agreement, Valeas is committing more than $200 million to support Sequoia’s strategic growth plans. The transaction is expected to close on October 31, 2022.
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