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Business acquisition

Flexstone acquires Glouston Capital Partners

Analysis based on 9 articles · First reported Jun 17, 2026 · Last updated Jun 17, 2026

Sentiment
70
Attention
4
Articles
9
Market Impact
General
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The acquisition of Glouston Capital Partners by Flexstone Partners is expected to create a larger, more diversified private equity platform, potentially increasing competition and offering a broader range of investment solutions to institutional investors. This move by Natixis — Natixis Investment Managers signals a strategic focus on expanding its private assets portfolio, which could lead to increased investor confidence in the private markets segment. The combined entity's increased assets under management and expanded capabilities may attract more capital flows into private equity.

financial services private equity

Flexstone Partners, a global private markets investment manager and an affiliate of Natixis — Natixis Investment Managers, has agreed to acquire Glouston Capital Partners, a Boston-based private equity secondaries manager. This acquisition will create a combined platform managing over $15 billion in assets across Primary, Co-Investment, and Secondary strategies, serving institutional investors globally. The transaction aims to strengthen Flexstone Partners' North American secondary capabilities and expand its ability to offer a broader range of investment solutions, including private equity, private debt, infrastructure, and real estate. Glouston Capital Partners' partners will roll a substantial portion of their equity into the combined firm and become Managing Partners of Flexstone Partners, ensuring alignment of interest. The combined entity will operate across five offices in New York, Boston, Paris, Geneva, and Singapore with 37 investment professionals. Glouston Capital Partners' strategies will be rebranded under the Flexstone Partners name post-transaction.

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Flexstone Partners is acquiring Glouston Capital Partners to expand its global private markets platform, increasing its assets under management to over $15 billion and strengthening its secondary capabilities, particularly in North America.
Importance 100.0 Sentiment 70.0
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Glouston Capital Partners is being acquired by Flexstone Partners, which will allow it to expand its reach through Flexstone's global platform and distribution network, while its team will continue to manage the secondary business from Boston.
Importance 90.0 Sentiment 60.0
subs
Natixis — Natixis Investment Managers, as an affiliate of Flexstone Partners, is expanding its private assets portfolio through this acquisition, which aligns with its long-term growth plan and strengthens its position in the private markets segment.
Importance 80.0 Sentiment 50.0
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Eric Deram, Managing Partner and CEO of Flexstone Partners, expressed satisfaction with the acquisition, highlighting the complementary investment philosophy and expertise Glouston Capital Partners brings.
Importance 40.0 Sentiment 50.0
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Ko Barrett, Senior Managing Partner of Glouston Capital Partners, views the partnership as a natural evolution that will expand Glouston's reach while preserving its investment discipline.
Importance 40.0 Sentiment 50.0
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Philippe Setbon, CEO of Natixis — Natixis Investment Managers, emphasized the strategic importance of private assets for Natixis — Natixis Investment Managers' growth plan and the complementary nature of the acquisition.
Importance 40.0 Sentiment 50.0
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BPCE Group is the parent company of Natixis — Natixis Investment Managers, and this acquisition indirectly contributes to its overall financial services portfolio and market presence.
Importance 10.0 Sentiment 20.0
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