Simpson Thacher is representing Aspire Holdings, a platform of Wealth Partners Capital Group (“WPCG”) and HGGC, in its equity investment in Verdence Capital Advisors, LLC (“Verdence”), a Maryland-based registered investment advisor.
Verdence is a private wealth advisory and multi-family office headquartered in Hunt Valley, Md. with additional locations in Alexandria, Va., Boston, Mass., Naples, Fla. and Sarasota, Fla. Verdence had approximately $4.6 billion in assets under management as of December 31, 2025.
WPCG is a financial services holding company, which invests in and partners with select leading wealth management firms. WPCG supports its partners’ growth by providing capital, organic growth opportunities and strategic M&A expertise, identifying and evaluating wealth advisory practices for its partners to acquire and integrate.
HGGC is a values-driven, partnership-focused private investment firm. The Firm’s ecosystem of investors, operators, and professionals is united by the shared mission to develop leading enterprises and build long-term value together. HGGC invests in technology, business services, financial services, and consumer enterprises. The Firm is based in Palo Alto, CA and manages over $10 billion in assets under management (as of December 31, 2025).
The Simpson Thacher team includes Fred de Albuquerque, Marina Hernandez, Harry Marples and Corinna Kwok (M&A); Benjamin Rippeon and Ruoxi Zhang (Tax); and Christopher Brown and Janhvi Barthwal (Credit).