Allied Industrial Partners (AIP) closes its inaugural $300 million fund, Allied Industrial Partners I-A and I-B LP (Fund I), exceeding its original target of $250 million.
Institutional investors in Fund I include pensions, insurance companies, and family offices with over 10% funding from Allied's senior team, bringing AIP's total assets under management to over $1 billion.
The fund will be primarily deployed by the end of 2025 and has already made several investments in high-growth industrial businesses, aiming to drive operational improvements and scale industrial platforms.
Allied Industrial invests in lower and middle-market companies within sectors such as industrial rentals, manufacturing, distribution, environmental services, and infrastructure, with a focus on creating lasting value and building strong relationships with investors and management teams.