Financial Planner and high net worth specialist Lockhart Capital Management has received minority investment from private equity firm Northcote Equity.

Four in five (82%) wealth managers expect retail clients to increase investment in private equity investments over the next five years.

UK private equity firm CBPE Capital LLP has made a “strategic investment” in Bristol-based wealth and pensions manager Clifton Asset Management.

The acquisition of platform provider Hargreaves Lansdown by a private equity-led consortium has moved a step closer today as the scheme of arrangement was officially confirmed.