Azimut Alternative Capital Partners
We partner with alternative asset management businesses and
help them achieve their greatest potential
About Us
Who we are
Part of Azimut Group, Azimut Alternative Capital Partners (“AACP”) invests in alternative asset managers helping them achieve their greatest potential.
Established to build a next generation, diversified, multi-affiliate investment firm by acquiring minority stakes in alternative asset managers and providing strategic value-added services.
New York based with a global mandate.
Focused team lead by industry veteran Jeff Brown with over two decades of investing, due diligence and operating management experience in the alternatives asset management industry.
What do we look for in a Partner?
Focus on private markets (non-CUSIP strategies) across credit, equity, venture, real estate, infrastructure, insurance, and “other”
- Minimum 25% bottom-line stakes with strong alignment of incentives
- Visible and actionable path to grow EBITDA at AACP
Enduring investment culture
Responsible client-centric values
Three-year minimum track record
AUM range $500mm - $3bbn
What makes us Different?
- Global in thought and action
- Access to Azimut Group’s global distribution network focused on Upper Affluent and HNWI around the world seeking for alternative products.
- Permanent capital
- Our corporate parent empowers us to drive performance over long horizons
- Pride ourselves in being creative capital solutions providers
- Growth capital; partner/founder transitions; capital structure clean-ups; seeder take-outs
- Pride ourselves in being creative capital solutions providers
- Operating management heritage – more than just a financial buyer
- Best in class mid/back office solutions with advantage of scale pricing
- Distribution power and product intelligence
Azimut Group: history & key corporate milestones
Azimut Group: a truly Global company
TEAM
Massimo Guiati
CEO, Azimut Group & Chairman, AACP
In Azimut since 2008, currently CEO of Azimut Group, Chairman of AACP and Global Head of Distribution, based in Hong Kong. Massimo has more than 20 years of experience in in Investment Banking, Asset and Wealth Management. In the past he covered different managerial positions at Euromobiliare Asset Management in Italy, and Bear Stearns and Societe Generale in London. Massimo has a degree in Economics from the University of Pavia.
Jeffry Brown
CEO, AACP
Over two decades of investing, due diligence and operating management experience in the alternatives industry. Previously was a Managing Director at Dyal Capital Partners and joined in its early days of formation. Founded and for five years led Dyal’s Business Services Platform. Prior to Dyal, Jeff was a Senior Managing Director at Bear Stearns Asset Management (“BSAM”). During his tenure at BSAM, he was Chief Development Officer and led the strategic expansion of the firm from USD 23bn AUM to USD 55bn AUM in four years. He also served as Chief Marketing Officer and Global Head of Institutional Sales. Prior to joining BSAM, Jeff held senior roles at Bear Stearns Asset Management and Morgan Stanley Asset Management. The business plan also entails the entrance of further key senior managers over time to AACP. JD University of Wisconsin Law School; MBA UCLA Anderson; BA University of Wisconsin
Vittorio Pracca
Director, AACP
In Azimut since 2012, currently Director in AACP and responsible for Special Projects and Investor Relations at Azimut Group head office in Milan. He is also on the Board of Azimut Enterprises and Azimut Libera Impresa SGR, both Italy-based vehicles dedicated to investments in the Private Markets space. Prior to this he was Senior Associate at Société Générale (Equity Capital Markets and Corporate Finance team) and he spent 5 years in Citigroup (London and Milan) in the Investment Banking and M&A teams. Vittorio holds a Financial & Business Economics degree from Royal Holloway, University of London, and an MBA from SDA Bocconi / NYU Stern School of Business.
About Azimut Group
Azimut, established in 1989, is one of Europe’s largest independent asset managers with ca. $ 65 billion in Total AUM. The parent company Azimut Holding was listed on the Milan Stock Exchange since 2004 (ticker AZM-IM) and is part of the FTSE MIB Index.
The Group is present in 17 countries with over 3,000 professionals around the world, including ca. 100 Portfolio Managers & Analysts as well as a proprietary network of over 2,000 Financial Advisors serving mostly the retail and HNW client base. It operates in three key segments including public markets, private markets as well as emerging markets, and currently has its main offices in Milan, Miami, New York, Sao Paolo, Mexico City, Santiago, Monte Carlo, Lugano, Luxembourg, Dublin, Istanbul, Dubai, Abu Dhabi, Cairo, Shanghai, Hong Kong, Taipei, Singapore and Sydney.
The Group has an impeccable track record of doubling it’s AUM every 5 years since the IPO, growing its Assets with a CAGR of +14%. The shareholder structure includes almost 2,000 managers, employees and financial advisors working for the Group, bound together by a strong and long term shareholders agreement that controls over 24% of the Company, aiming to create long term shareholder value. The remaining is free float. Current market cap stands at ca. $ 3.5 billion.