AssetMark stock stays private after GTCR buyout

Published on 09/30/2026 at 12:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AssetMark stock remains private after the April 2024 GTCR buyout. The platform reached six interval funds across four categories by September 23, 2026.

AMK, US04543K1051, Illustration mit AI erstellt.

AssetMark stock remains private after the company was taken over by GTCR in April 2024, while AssetMark continues expanding its wealth-management platform. The latest move adds private-equity strategies and gives the platform six interval funds across four private-market categories.

Private markets reach six funds

According to GlobeNewswire on September 23, 2026, AssetMark added the Calamos Aksia Private Equity and Alternatives Fund and the StepStone Private Equity Strategies Fund. The additions expanded its offering from private credit, private real estate and private infrastructure into four categories.

The six interval funds are integrated through AssetMark's unified managed account technology. The platform also offers the strategies as standalone investments or within professionally managed portfolios, with a USD 250,000 minimum investment for selected private-market solutions, according to GlobeNewswire.

Scale supports the platform strategy

AssetMark's operating scale provides the clearest measure of its current business reach. As of June 30, 2026, the company reported more than USD 180 billion in assets across its platforms, serving more than 10,000 financial advisors and more than 340,000 investor households, GlobeNewswire reported on September 28, 2026.

That scale contrasts with the company's public-market history. Note reported on September 25, 2026, that GTCR acquired AssetMark for USD 2.7 billion in April 2024 and took the company private. The comparison matters because current platform developments describe a private operating business rather than a listed equity available for public trading.

AssetMark remains a private company

AssetMark's current product expansion centers on implementation for independent advisors rather than a public stock-market catalyst. The company was founded in 1996 and has more than 1,100 employees, according to GlobeNewswire. Its platform combines advisor technology, investment solutions and operational services for wealth-management firms.