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Dechert said in an announcement on its website, published on 4 November 2026, that it had advised Aspirity Partners on a minority stake investment worth US$135 million in Hoxton Wealth.
According to the firm, Aspirity Partners is a pan-European private equity house, while Hoxton Wealth operates as a technology-driven wealth management and financial advisory business. Dechert said the deal marks the first time Hoxton Wealth has taken on outside capital since it was set up in 2018.
Key points
- Dechert said it advised Aspirity Partners on a US$135 million minority investment in Hoxton Wealth.
- The firm said this is the first outside capital Hoxton Wealth has taken since it was established in 2018.
- According to Dechert, the money will be put towards growing Hoxton Wealth internationally, hiring more advisers and planners, upgrading leadership, systems and technology, and funding some acquisitions.
- Dechert said Hoxton Wealth is based in London and Dubai and serves approximately 10,000 clients across 10 jurisdictions, with assets under management exceeding US$5 billion.
- The firm said the deal still needs standard regulatory sign-off before it can close.
How the money will be used
Dechert said the funding is earmarked for Hoxton Wealth’s expansion into further markets, bringing in additional wealth advisers and planners, and bolstering its senior management, operational processes and technology. The firm added that some of the capital is also intended for selective acquisitions, and confirmed that completion of the transaction depends on clearing the usual regulatory hurdles.
The Dechert team
Dechert said the lawyers acting for Aspirity Partners were corporate partners Joseph Dennis and Jarlath Pratt, who led the matter. The firm said they had support from associates Freddy Bouttell, Maria Oniscu and Debaditya Datta. Dechert added that Katie Carter, a financial services partner, worked on the deal with associate David Wang, as did Giles Belsey, a finance partner, and associate Liam Partridge.