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Dinosaur Group Acquires Stake in Lebenthal Lisanti Capital Growth.


3 October 2017 - UK-based global investment firm Dinosaur Financial Group Holdings, LLC has acquired a minority stake in New York-based woman-owned SEC-registered investment advisor Lebenthal Lisanti Capital Growth, LLC, the company said.

Terms of the transaction were not disclosed.

Lisanti Capital Growth LLC, which as of June 30, 2017 oversaw USD 155m in client assets, specialises in small and SMID capitalisation, high-growth equity investment strategies. Lisanti offers asset management for large corporations, endowments and foundations, and public funds through separately managed accounts, and to individual investors through its mutual fund, which will be renamed Dinosaur Lisanti Small Cap Growth Fund (ASCGX).

Dinosaur Holdings said the acquisition fulfills its strategic goal to enter into the asset management business.

Lisanti Capital Growth in 2003 was founded as a joint venture with Adams Harkness and Hill. The firm will operate as Lisanti Capital Growth, LLC (Lisanti) following completion of the transaction and continue to be a woman-owned firm.

Dinosaur Holdings, LLC focusses on underserviced markets, helping clients solve problems. The company has offices in London, Italy, Spain and the US. Formerly the Lebenthal Lisanti small cap growth fund, it is now the Dinosaur Lisanti Small Cap Growth Fund.

Foreside Fund Services, LLC is the distributor.

Country: USA

Sector: Banking/Financial Services

Target: Lebenthal Lisanti Capital Growth/minority stake

Buyer: Dinosaur Financial Group Holdings


Deal size in USD:

Type: LBO


Status: Closed

Buyer advisor: , ,

Comment: Terms of the deal were not disclosed

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Publication:M & A Navigator
Date:Oct 3, 2017
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