Simpson Thacher is representing Constellation Wealth Capital (“CWC”), an alternative asset management platform, in its acquisition of a minority stake in DayMark Wealth Partners (“DayMark”), a rapidly growing registered investment advisor.
Founded in 2022 and headquartered in Cincinnati, Ohio, DayMark is a registered investment advisor serving high net worth individuals, families, and business owners. Since its founding, DayMark has pursued strategic growth through acquisitions in key markets in Illinois, Ohio, Connecticut, and Utah.
CWC is an alternative asset management platform dedicated to the wealth management sector. CWC provides flexible, long-term capital solutions, and strategic advisory support to scaled wealth management platforms.
The Simpson Thacher team includes Mark Viera and Arie van Wijngaarden (M&A); Sunny Cheong (Capital Markets); Chris Evans, Chris Scavone, Trent Pacer, and Adam Hitti (Fund Transactions); Larry Moss, Courtney Thomson and Shivani Motamarri (Executive Compensation and Employee Benefits); Erica Rozow and George Gerstein (ERISA); Lori Lesser and Alexander Franchilli (Intellectual Property); Alec Jarvis, Brian Mendick, and Tova Pfeffer (Tax); and Dennis Durkin (Credit).