Allianz Private Equity Partners

What they do

Founded in 1998, Allianz Capital Partners (ACP) serves as the in-house investment manager for Allianz Group's alternative equity investments and operates as part of Allianz Global Investors. While historically managing the balance sheet of Allianz's insurance entities, ACP has increasingly opened its strategies to third-party institutional investors. The firm is divided into three main pillars: Private Equity (operating primarily as a massive fund-of-funds and co-investor), Infrastructure, and Renewables (where they make direct equity investments). They are renowned in the ecosystem for their immense capital base, extreme long-term investment horizon, and rigorous focus on ESG and the global energy transition.

What they look for

ACP aims to generate attractive, long-term, stable, and inflation-protected risk-adjusted returns that match the long-term liabilities of Allianz's insurance business. They achieve this through broad diversification across geographies, sectors, managers, and vintage years. In Private Equity, they seek "blue-chip" fund managers with proven historical track records, typically running funds of at least $500M, and for direct co-investments, mature, cash-generating businesses or high-growth assets. In Infrastructure, they target essential services, regulated or contractually agreed revenues, strong market positions, and "brownfield" assets, with a high focus on the energy transition.

Stage

Series A, Series B+

Sectors

SaaS, Media, Healthcare, Consumer, Climate, Deeptech, Mobility and logistics

Based

New York City, US