We are advising 26North and Glenn August on their respective minority investments

Davis Polk is advising 26North and Glenn August on their respective minority investments in Cantor Fitzgerald, made in connection with the company’s transition to the next generation of ownership.

26North is an integrated, multi-asset-class alternative asset management firm founded by Josh Harris.

Glenn August is the founder and chief executive officer of Oak Hill Advisors, a leading global credit-focused alternative asset manager with over 30 years of investment experience.

Cantor Fitzgerald, with more than 13,000 employees, is a leading global financial services and real estate services holding company and a proven and resilient leader for more than 79 years. Its diverse group of global companies provides a wide range of products and services, including investment banking, asset and investment management, capital markets, prime services, research, digital assets, data, financial and commodities brokerage, trade execution, clearing, settlement, advisory, financial technology, custodial, commercial real estate advisory and servicing.

The Davis Polk corporate team includes chair and managing partner Neil Barr, partners Michael Senders and Michael Davis, counsel Albert Zhu and associate Dylan Major. Partner Corey M. Goodman and associate Yueyu Yang are providing tax advice. Members of the Davis Polk team are based in the New York and Washington DC offices.