– WTW , a global advisory and solutions company, announced the acquisition of FlowStone Partners, LLC, an alternative investment firm specializing in private equity secondaries for individual wealth and institutional clients.
– The acquisition aims to expand access to private equity for individual wealth investors and enhance WTW’s private markets capabilities for institutional clients.
– Diya Luke, Global Head of Investments at WTW, highlighted that the acquisition pairs FlowStone’s expertise in secondaries investing with WTW’s global scale, sourcing network, and research engine.
– The deal is expected to enhance WTW’s ability to serve clients’ evolving needs and deliver differentiated private market solutions.
– Nimisha Srivastava, Head of Investments, North America at WTW, emphasized that the acquisition provides liquid, accessible structures to help investors achieve stronger long-term outcomes.
– Scott Conners, CFA, President of FlowStone Partners, stated that combining FlowStone’s expertise with WTW’s global investment and retirement planning platform creates a powerful solution for growing markets.
– Michael Carrano, Managing Director at FlowStone Partners, noted that WTW’s research, analytics, and innovation will help investors leverage new private market solutions.
– The transaction requires approval from FlowStone’s fund shareholders, independent trustee board, and other customary closing conditions, with completion expected by early 2026.