
Arax Teams with KingsRock to Expand Capital Markets Capabilities
Arax Advisory Partners, a unit of Arax Investment Partners, has partnered with KingsRock Advisors to roll out a broad selection of financial solutions to Arax’s clients.
The partnership combines Arax’s existing investment banking and wealth management capabilities with KingsRock’s private capital markets, corporate financing, and advisory solutions.
Through the collaboration, clients will gain access to a range of private capital markets solutions, including capital raising, structured financing, and transaction advisory services.
“Our partnership with KingsRock brings additional expertise and resources to our firm, strengthening our ability to help clients navigate important financial decisions as their businesses grow and evolve,” said Haig Ariyan, CEO and founder of Arax.
Separately, Arax Advisory Partners acquired Madison, NJ-based Transcend Capital Advisors, which manages over $3 billion in total client assets.
Denver-based Arax Investment Partners manages $45 billion in client assets and is backed by private equity firm RedBird Capital Partners.
Pictured: Haig Ariyan