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WTW Completes Acquisition of FlowStone Partners
Acquisition expands WTW's private equity secondaries capabilities for wealth and institutional clients.
Apr. 1, 2026 at 6:55pm
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WTW, a leading global advisory, broking and solutions company, has announced the completion of its acquisition of FlowStone Partners, LLC, an alternative investment firm specializing in private equity secondaries. The acquisition expands WTW's ability to offer private market solutions to individual wealth investors and bring advanced investment capabilities to institutional clients.
Why it matters
The deal strengthens WTW's position in the private equity secondaries market, which has seen growing demand from both wealth and institutional investors seeking greater access to alternative assets. FlowStone's specialized expertise complements WTW's existing investment advisory services, allowing the combined company to provide more comprehensive solutions to a wider range of clients.
The details
Under the terms of the acquisition, FlowStone Partners will become part of WTW's Investments business. The deal is expected to enhance WTW's private markets capabilities and innovation, benefiting both individual wealth investors and institutional clients. FlowStone is respected for its entrepreneurial spirit, commitment to excellence, and collaborative approach to client success.
- WTW announced the completion of the FlowStone Partners acquisition on April 1, 2026.
The players
WTW
A leading global advisory, broking and solutions company that provides data-driven, insight-led solutions in the areas of people, risk and capital.
FlowStone Partners
An alternative investment firm specializing in private equity secondaries investing, delivering innovative portfolio construction, risk management, and client solutions.
Julie Gebauer
President of Health, Wealth & Career at WTW.
What they’re saying
“We're pleased to welcome FlowStone Partners to WTW as part of our Investments business. FlowStone meaningfully expands our capabilities and commitment to the wealth space with new private market solutions.”
— Julie Gebauer, President, Health, Wealth & Career, WTW
What’s next
The acquisition is expected to enhance WTW's private markets capabilities and innovation, benefiting both individual wealth investors and institutional clients through the combined expertise of WTW and FlowStone Partners.
The takeaway
The acquisition of FlowStone Partners strengthens WTW's position in the growing private equity secondaries market, allowing the company to offer more comprehensive investment solutions and expanded access to alternative assets for its wealth and institutional clients.
