Azimut Alternative Capital Partners
Azimut Group's New York GP-stakes arm for smaller managers.
GP StakesFirmGlobal
Target market
Lower-middle-market private-markets GPs ($500M-$3B AUM)
Geography
Global
Overview
Azimut Alternative Capital Partners (AACP), founded in 2019, is the New York-based GP-stakes business of Italian asset manager Azimut Group, acquiring minority stakes in private-markets firms typically managing $500M-$3B at the time of investment. It has completed multiple stakes across private credit, equity and real assets and recorded its first exit, Roundshield, in 2025.
Key facts
- GP-stakes arm of Milan-listed Azimut Group, founded 2019
- Targets managers with roughly $500M-$3B AUM at investment
- Completed first exit (Roundshield) in July 2025
- Team includes ex-Morgan Stanley GP Capital Solutions leaders