Overbay Capital Partners receives strategic investment from funds managed by Charlesbank Capital Partners

Goodmans LLP is acting for Overbay Capital Partners Inc. and its shareholders in connection with its definitive agreement for a strategic growth investment from funds managed by Charlesbank Capital Partners. 

The Overbay team will remain significant long-term shareholders alongside Charlesbank and retain control and independence of all investment activities. The partnership is designed to support Overbay's continued growth by adding investment and investor relations talent to its already accomplished team, building on its strong focus on attractive investment performance, and investing in its technology and data infrastructure, all leveraging Charlesbank's deep experience investing in fast-growing financial services businesses.

Overbay is a Toronto-based premier alternative asset manager that specializes in LP-led secondary deals.

Charlesbank is a US-based middle-market private investment firm.