{"id":780273,"date":"2022-04-20T20:00:05","date_gmt":"2022-04-20T18:00:05","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/hggc-forms-aspire-holdings-targeting-300-million-of-investment-into-ria-space\/"},"modified":"2023-07-11T14:17:32","modified_gmt":"2023-07-11T12:17:32","slug":"hggc-forms-aspire-holdings-targeting-300-million-of-investment-into-ria-space","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/hggc-forms-aspire-holdings-targeting-300-million-of-investment-into-ria-space\/","title":{"rendered":"HGGC Forms Aspire Holdings, Targeting $300 Million of Investment into RIA Space"},"content":{"rendered":"PALO ALTO, Calif.--(BUSINESS WIRE)--HGGC, a leading middle-market private equity firm, today announced the creation of Aspire Holdings, a new company that will hold the firm\u2019s investments in Registered Investment Advisors (\u201cRIAs\u201d) as it pursues a plan to invest up to $300 million in the space. To date, HGGC has taken equity stakes in three RIAs: Apella Capital, Merit Financial Group, and WA Asset Management (\u201cWAAM\u201d). HGGC Co-Founder and President Steve Young will act as Chairman of Aspire.\n\n\n\n\u201cThe RIA investments we have made to date are already showing strong performance and we are excited about the opportunity we see for continued investment in the sector,\u201d said Young. \u201cThe formation of Aspire will help us execute by ensur<div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>PALO ALTO, Calif.&#8211;(BUSINESS WIRE)&#8211;HGGC, a leading middle-market private equity firm, today announced the creation of Aspire Holdings, a new company that will hold the firm\u2019s investments in Registered Investment Advisors (\u201cRIAs\u201d) as it pursues a plan to invest up to $300 million in the space. To date, HGGC has taken equity stakes in three RIAs: [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49625],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-780273","post","type-post","status-publish","format-standard","hentry","category-private-capital-in-north-america"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>HGGC Forms Aspire Holdings, Targeting $300 Million of Investment into RIA Space - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/hggc-forms-aspire-holdings-targeting-300-million-of-investment-into-ria-space\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HGGC Forms Aspire Holdings, Targeting $300 Million of Investment into RIA Space - BeBeez\" \/>\n<meta property=\"og:description\" content=\"PALO ALTO, Calif.--(BUSINESS WIRE)--HGGC, a leading middle-market private equity firm, today announced the creation of Aspire Holdings, a new company that will hold the firm\u2019s investments in Registered Investment Advisors (\u201cRIAs\u201d) as it pursues a plan to invest up to $300 million in the space. 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