London, 28 January 2026 - The Private Office ("TPO") today announced that Goldman Sachs Alternatives has entered into an agreement to become a minority shareholder in TPO. The investment comes alongside a significant reinvestment by TPO's management team, led by CEO Stuart Phillips, and is subject to FCA approval.

Since its founding in 2008 in Leeds, TPO has evolved into a leading UK chartered independent financial advice and planning firm, with a nationwide presence. Expansion has been supported by a growing network of financial advisors; many of whom are proudly homegrown through TPO's dedicated in-house academy and all of whom are shareholders in the business.

Stuart Phillips, CEO of TPO, said: "Goldman Sachs Alternatives is the ideal partner to support our ambitious growth plan as we continue to build the UK's leading organically grown chartered financial planning firm, with employee ownership and exceptional client outcomes at our core."

Moritz Jobke, Head of Hybrid Capital for EMEA at Goldman Sachs Alternatives, said: "We are very excited to partner with TPO and its founders. The team has built a unique culture, platform and client proposition for the UK financial advice and planning market. Working with exceptional entrepreneurs is core to our Hybrid Capital strategy, and we look forward to bringing the resources of the Goldman Sachs platform to support the further development of TPO".

About TPO

Founded in Leeds in 2008, The Private Office is the largest independently owned Chartered Independent Financial Advice firm in the UK. With its Head Office in Leeds, TPO also has offices in London and Bath, and supports clients nationally. The firm acts for over 5,500 individuals, businesses, charities and trusts and manages over £3 billion of clients' funds. TPO has 181 staff across its three offices; 53 advisers, supported by a strong team of highly technical individuals, including specialist pension advisers with requisite FCA permissions and Trust & Estate Practitioners accredited by the Society of Trust & Estate Practitioners (STEP).

About Goldman Sachs Alternatives

Goldman Sachs (NYSE: GS) is one of the leading investors in alternatives globally, with over $625 billion in assets and more than 30 years of experience. The business invests in the full spectrum of alternatives including private equity, growth equity, private credit, real estate, infrastructure, sustainability, and hedge funds. Clients access these solutions through direct strategies, customized partnerships, and open-architecture programs. The business is driven by a focus on partnership and shared success with its clients, seeking to deliver long-term investment performance drawing on its global network and deep expertise across industries and markets. The alternative investments platform is part of Goldman Sachs Asset Management, which delivers investment and advisory services across public and private markets for the world's leading institutions, financial advisors and individuals. Goldman Sachs has more than $3.6 trillion in assets under supervision globally as of December 31, 2025.

Follow us on LinkedIn.

Media Contacts

For TPO
John Grimbaldeston
Chief Marketing Officer
+44 07971 072566

For Goldman Sachs Asset Management
Joseph Stein
+44 0207 774 4080