Bankers are in the process of offloading chunks of a $750m loan that financed wealth management platform BetaNXT’s buyout by Clearlake Capital and Motive Partners, sources told 9fin.

BetaNXT’s acquisition closed in July 2022 and syndication, led by Goldman Sachs, is understood to have been in process since late last year. Financing for the deal was provided by Goldman Sachs, Wells Fargo, UBS, BNP Paribas and ING Capital.