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PR Newswire·

F.L.Putnam Announces Strategic Minority Investment from Bixby Wealth Solutions

CG
  • Bixby Wealth Solutions, an arm of Moontower Group backed by Carlyle's Global Credit Business, made a minority investment in F.L.Putnam Investment Management Company (FLP).
  • FLP will continue to operate independently under its current leadership team led by CEO Tom Manning.
  • FLP employees will retain a significant minority equity stake in the firm.
  • FLP manages over $11 billion in assets as of July 1, 2026, with 165+ employees across 14 U.S. offices.
  • The investment provides capital to support advisor growth, enhance client experience, & accelerate national expansion.
  • Ardea Partners LP served as the exclusive financial advisor to FLP.
  • Financial terms of the transaction were not disclosed.