Aug 24, 2026 – 8.35pmPemba Capital Partners has joined private equity’s land grab in the wealth management sector, agreeing terms to acquire a majority stake in Melbourne’s Hewison Private Wealth.The deal, led by Pemba managing director Mark Bryan and investment manager Logan Wilson, will see the buyout firm’s $625 million Fund III invest in Hewison, which has $3 billion in assets under advice.Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.Angira Bharadwaj is a co-editor of Street Talk. She covers IPOs, capital raises, mergers and acquisitions and other breaking news in Australia’s capital markets. Previously, she covered financial services, state, and federal politics. Send tips to @angirab.60 on encrypted messaging platform Signal.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?
Pemba pounces on Melbourne’s Hewison Private Wealth
The business was founded in 1985 by John Hewison as a fee-for-service challenger to the commission-based model popular at the time. It now oversees $3 billion.
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