Warburg Pincus and Kestra Holdings in the sale of Warburg Pincus’ majority interest in the parent partnership of Kestra to Stone Point Capital

On October 15, 2024, Kestra Holdings announced that funds managed by Stone Point Capital LLC, a leading private equity firm focused on global financial services and related industries, has agreed to acquire a majority interest in the parent partnership of the company, replacing current partner Warburg Pincus LLC, a leading global growth investor.  Private equity firm Oak Hill Capital will remain a minority owner.

Wachtell, Lipton, Rosen & Katz served as legal advisor to Kestra Holdings and Warburg Pincus LLC.