HedgeCo.Net — Ascensus announced on August 18 a new ownership structure co-led by Stone Point Capital and Genstar Capital. Each firm is investing new capital and will hold equal stakes. The Dresher, Pennsylvania savings platform oversees more than $1.3 trillion in assets under administration and supports more than 16 million savers, both as of August 3, 2026. GIC, which first invested in 2019, remains a minority holder. The check size and the equity valuation were not disclosed. Close is expecte...
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