As of the end of 2022, the firm had invested in more than 600 private equity funds managed by more than 325 private equity firms. According to the PEI 300, AlpInvest ranked among the 50 largest private equity firms globally.[4] It was reported to have over $55 billion of funds under management.[5][6][7]
History
The logo used by AlpInvest from 2004 through 2019The logo used by Alpinvest N.V., a publicly quoted investment vehicle and predecessor of AlpInvest PartnersThe logo used by NIB Capital Private Equity, the direct predecessor of AlpInvest Partners
AlpInvest as it is currently known, was established in 1999 as an initiative by its two sponsors, the Dutch pension funds ABP and PFZW (then PGGM), to create an independent and professional manager for their private equity allocations.[8]
In 2000, AlpInvest expanded its investment platform, by creating a dedicated equity co-investment team[specify] to invest in transactions alongside its core private equity managers. The following year, in 2001, the firm began a formal effort to make mezzanine investments. A year later, in 2002, AlpInvest launched a secondary investment platform, which has become one of the largest buyers of private equity assets in the secondaries market.[citation needed]
Awards
In recent years, AlpInvest has won several industry awards as a limited partner.
Prior to 2011, AlpInvest had not historically solicited capital from other investors or institutions. Following its spinout from the Dutch pension funds, AlpInvest has been actively raising capital from institutional investors in North America, Europe, Asia, South America and Africa.[citation needed]
