Ropes & Gray Advises on Homrich Berg Strategic Investment

In The News
October 1, 2024

Ropes & Gray represented New Mountain Capital as an existing shareholder of Atlanta-based registered investment adviser Homrich Berg in TPG Growth’s strategic minority investment in Homrich Berg. The transaction was announced on Sept. 26 in a press release.

New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. The firm currently manages private equity, credit, and net lease investment strategies with approximately $50 billion in assets under management.

Homrich Berg is a national independent wealth management firm that provides fiduciary, fee-only investment management and financial planning services, serving as the leader of the financial team for our clients, including high-net-worth individuals, families, and not-for-profits. Homrich Berg manages over $18 billion for more than 3,600 family relationships nationwide.

The team was led by private equity partners Gabrielle DiBernardi and Carl Marcellino, tax partners Alyssa Kollmeyer and Adam Greenwood, executive compensation & employee benefits partner Danna Kivell, and finance partner Stefanie Birkmann.