Prime Capital Sells Minority Stake to Carlyle as Abry Exits
Prime Capital, an Overland Park, Kan.-based registered investment advisor overseeing about $40 billion in client assets, has recapitalized with a minority stake from private equity firm The Carlyle Group. Prime Capital and its previous minority investor, Abry Partners, went to market to seek an exit for Abry and an opportunity for investors beyond the firm’s…