Texas-based investment firm Satori Capital LLC made a $25 million investment in Pavise Capital Management LLC and formed an acceleration partnership with the Mahwah, N.J.-based asset manager.
Satori closed the investment as part of its Satori XL partnership program, which forms strategic acceleration partnerships with emerging investment managers with a track record of at least three years and under $100 million in assets under management.
Pavise, which manages a U.S. large and midcap equity strategy, recently hired Rajpal Arulpragasam as COO.
