Estancia Capital Partners, a private equity fund focused on the asset and wealth management industries, has acquired a minority non-controlling interest in Stamford, CT- based Sustainable Growth Advisers. Terms of the transaction were not disclosed.

SGA describes itself as a boutique traditional equity manager that provides active US and global growth equity mandates for sophisticated clients.

Robert Rohn, an SGA co-founder, said the firm will continue to operate independently and under the leadership of the existing management team, which will continue to own a majority equity stake in the busines. 

Founded in 2003 by George Fraise, Gordon Marchand and Rohn, Sustainable Growth Advisers currently manages some $5.3 billion of assets on behalf of institutional, intermediary and retirement plan clients.