By Josh White
Date: Thursday 25 Jun 2026
(Sharecast News) - BP Marsh & Partners said on Thursday it had agreed to invest $5.1m in Autonomy Investment Partners, a newly formed vehicle aligned with XPT Group, representing a 17.9% preferred capital interest.
Autonomy has been established with XPT's senior management team and BharCap Partners to provide minority investment capital to independent US insurance distribution businesses seeking growth, while allowing founders and management teams to retain control.
As its first transaction, Autonomy will acquire a minority stake in XPT, in which BP Marsh currently owns 29.33%, while BP Marsh will receive $12.1m from XPT through the redemption of preferred units and repayment of junior debt.
BP Marsh said its total economic interest in XPT would reduce slightly to 28.99% after completion, including its indirect holding through Autonomy.
Chief investment officer Dan Topping said Autonomy was "the natural next step" in its partnership with XPT, extending the model that had driven XPT's growth since 2017 into "an untapped part of the US insurance distribution market".
At 0944 BST, shares in BP Marsh & Partners were down 0.49% at 696.55p.
Reporting by Josh White for Sharecast.com.
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