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Duchess Kate's sister Pippa Middleton is engaged!

Pippa Middleton is engaged to marry boyfriend James Matthews, a British hedge fund manager.
/ Source: TODAY

Pippa Middleton, the younger sister of the Duchess of Cambridge, is engaged!

British financier James Matthews proposed over the weekend to Middleton, who first caught the world’s attention five years ago wearing a stunning bridesmaid’s dress at her sister’s Kate's wedding to Prince William.

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Kensington Palace announced that the Duke and Duchess of Cambridge “are absolutely delighted with the news.”

Pippa Middleton and James Matthews
Pippa Middleton and James Matthews, attending Wimbledon earlier this month, got engaged over the weekend.Karwai Tang / WireImage

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Middleton, 32, was seen wearing her new engagement ring as she stepped out of her home Tuesday morning.

Newly Engaged Pippa Middleton Beams As She Steps Out In London
Newly Engaged Pippa Middleton Beams As She Steps Out In

Her father, Michael Middleton, told the British Press Association that he and his wife, Carole, are "absolutely thrilled" by the engagement and consider Pippa and her fiancé a "wonderful couple."