The adviser firms private equity wants in 2026

Funds advised by Permira originally invested in Evelyn forerunner Bestinvest in 2014, before the private equity feeding frenzy started in earnest in 2019/20. Tilney, Towry and Smith & Williamson were bought over time. Warburg Pincus became a minority investor during the last acquisition in 2020. 
Announcing its decade-in-the-making exit this week, Permira managing director Chris Pell said the 2014 investment represented a belief UK wealth management would “increasingly reward scale, advice-led models and institutional investment standards”. To prove the point, under Permira assets under …