Aether Investment Partners and Seizert Capital Partners Extend Relationship with Northern Lights Capital Group

As part of a recently announced agreement with Treasury Group to form a global multi-boutique asset management platform, Northern Lights Capital Group is expanding its ownership in two of its most prominent affiliates, Seizert Capital Partners based in Birmingham, Michigan, and Denver-based, Aether Investment Partners.

According to a media release, both firms will continue to maintain operating control of their businesses following the transactions.

"Operational autonomy is a key element of Northern Lights' philosophy," said Jack Swift, Managing Director at Northern Lights. "Aether and Seizert are great investors and operators, and leaving them to run their businesses as they see fit is the best way to ensure that continues in the future."

With help from Northern Lights' resources, Seizert has grown from $800 million to $5.3 billion since 2009. "We are delighted to participate in their growth - but ultimately their success is attributable to the talent and integrity of these two investment managers," says Paul Greenwood, Managing Director at Northern Lights "With Seizert, we have created a great partnership with our dedicated sales and marketing team, which we believe in combination with a strong investment culture, has helped them reach the next level."

"We continue to be extremely pleased with our long-term partnership with Northern Lights," said Gerry Seizert, Seizert founder. "They have been a critical part of our success in maintaining a client-focused firm. We are very excited to expand our relationship to now include Treasury Group."

Seizert continued, "As with our investment process, risk management is a cornerstone of our organization and Northern Lights and Treasury Group have assisted us greatly in allowing us to minimize risk with regard to future ownership transitions, which we feel is a critical element of our clients' overall experience. We all love what we do and this allows us to continue in a manner that is consistent with our process and past practices."

"We are gratified that after more than five years in partnership Aether has chosen to deepen its relationship with Northern Lights," said Greenwood.

Troy Schell, Partner and co-Founder at Aether, added, "We have enjoyed our relationship with the Northern Lights team over the past six years, both personally and professionally, and we look forward to continuing that relationship for many years to come. We appreciate their creativity as we worked through this transaction - the end result we believe is a mutually beneficial model that simultaneously increases our team's alignment with the interests of our clients. We couldn't be more excited to increase our exposure to the funds we manage, through both increased personal investments and greater participation in the carried interest in future funds. To do so in a manner that allows us to continue to operate autonomously is truly a unique opportunity."

More information:

www.nlcg.com

www.seizertcapital.com

aetherip.com

www.treasurygroup.com

((Comments on this story may be sent to [email protected]))