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Oct 211 min read

PE-backed Lido Advisors agrees to merge in $3bn Pegasus Partners

Lido Advisors, a Los Angeles-based RIA with over $24bn in assets under management, revealed Monday that it has agreed to merge in Pegasus Partners, a Mequon, Wis.-based firm with over $3bn in AUM.

Pegasus’s 22-person team will join Lido with the ‘majority’ becoming partners, according to a company release. Specific details of the partnership were not disclosed.

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https://citywire.com/ria/news/pe-backed-lido-advisors-agrees-to-merge-in-3bn-pegasus-partners/a2452527

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