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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 for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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