How We Invest

We focus on the middle market because we believe not only that there are more opportunities, but also that private capital can better spur growth in this market—which we define as*:

  • Private Equity Upper Middle Market: Funds below US$2 billion in size targeting private companies with enterprise values below US $250 million
  • Private Equity Lower Middle Market: Funds below US$400 million in size targeting private companies with enterprise values below US $50 million

Middle-market opportunities reside around the world. Over our more than 20-year history as primary fund investors, our team has built expansive GP relationships and insights into the PE community across developed and emerging markets alike. We have established due diligence processes, proprietary pricing models, and internal and external deal structuring expertise that help us optimize portfolios. We are able to leverage PineBridge’s global multi-asset class platform to gain insight into diverse asset classes, regions, sectors and trends worldwide.

*We are not soliciting or recommending any action based on this material. Any views represent the opinion of the investment manager and are subject to change.

Our time-tested investment process is applied across three areas of focus. 

  • Primary Funds
    • Investments with leading private equity fund managers
    • Core expertise in identification of lesser-known emerging managers
  • Secondary Transactions
    • Direct sourcing of small to mid-sized transactions, and opportunistic mega portfolios
  • Co-investment
    • Leverage relationships with fund managers to directly invest in private companies