Slaughter and May is advising HPS Investment Partners on the proposed majority investment in Nucleus

Slaughter and May is advising HPS Investment Partners, a leading global investment firm with approximately $80 billion of assets under management as of March 2022, on the proposed majority investment by funds and accounts managed and/or advised by HPS in Nucleus, a leading investment platform provider.

Nucleus, which provides planning and retirement-focused platforms, has over 160,000 customers and is entrusted with over £48 billion of investments, was formed in 2021 through the combination of James Hay Partnership and Nucleus Financial Group.  The transaction, which remains subject to regulatory approval, is expected to close in the second half of 2022.