(Opalesque) Two New York-based private-equity firms agreed to acquire Wilshire Associates, an employee-owned Santa Monica-based investment advisory, management, and data company. CC Capital Partners, a five-year-old firm founded by former Blackstone Inc. partner Chinh Chu, and Motive Partners, a specialist firm focused on financial technology, will pay an undisclosed amount for Wilshire Associates.
Private-equity firms to acquire Wilshire Associates
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