Lido Advisors Secures HPS Investment for Growth Initiatives

‍ ‌ ‌ Updated May 25, 2025
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Los Angeles-based Lido Advisors, a wealth advisory firm ⁢overseeing $30 billion in assets,⁢ is partnering with HPS Investment Partners, a ‌global alternative investment firm managing approximately $150 billion. The deal,​ intended to bolster⁣ Lido’s growth, will see HPS join existing investor Charlesbank capital Partners, the majority owner since 2021.Constellation Wealth capital took a minority stake in Lido in 2024.

The‌ collaboration also includes lido’s more‌ than 135 employee-owners. Founded‌ in 1999,Lido Advisors focuses on personalized wealth management services,including investment management,estate and tax planning,and alternative investments,for high-net-worth individuals,families,and institutions. The firm has grown organically and through nine acquisitions since January 2019.

Jason Ozur, CEO of Lido, emphasized the partnership’s alignment with ⁣the firm’s client-first⁣ approach and its potential ⁤to enhance service offerings. The transaction,⁤ anticipated to close in the⁤ third quarter of 2025, involved advisory roles⁢ from Ardea Partners, William Blair, Houlihan Lokey,⁢ and Piper Sandler. Legal counsel was provided by Ropes &​ Gray, Herrick Feinstein, Willkie Farr ⁢& Gallagher, and Sidley Austin. Financial details, including the size of HPS’s stake in Lido Advisors, were not disclosed.

⁤ ⁢ ‌ “This collaboration aims to fuel Lido’s growth, building on ‌its​ tripling of assets since Charlesbank’s investment,” Jason ⁣Ozur, CEO of Lido ⁣Advisors said.
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What’s next

The partnership is expected to ‌close in Q3 2025, ⁢after which Lido Advisors will continue⁢ to expand its services and client base with the support⁤ of HPS Investment Partners and Charlesbank⁤ Capital Partners.