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Alternative Assets  + Private Equity  | 

Private Equity Firm Align Capital Partners Closes Fund III at $620M

Align Capital Partners, a private equity firm that invests in lower middle-market companies, closed its third fund at $620 million, exceeding its initial target of $550 million. 

ACP raised its latest oversubscribed fund in just two months with the support of existing investors and a substantial personal commitment from the team. 

Align Capital Partners’ first $325 million fund closed in September 2016, followed by a $450 million Fund II in February 2020. 

ACP has invested in 18 platform companies, completed over 60 add-on acquisitions and exited six investments over the past six years.  

Capstone Partners served as the exclusive placement agency for ACP III, and Kirkland & Ellis LLP provided legal counsel. 

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Align Capital Partners

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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