A&M Capital

President David Wisnia leads the investment team and the Investment Committee. The firm operates with substantial independence but draws on Alvarez & Marsal's founder network and senior operating professionals for deal sourcing, diligence, and portfolio-company oversight. Key committee members include senior partners with deep turnaround and operational backgrounds rather than traditional financial-sponsor pedigrees.

The firm sources a material share of its deal flow through Alvarez & Marsal's restructuring and interim-management engagements. When A&M consultants are inside a stressed or underperforming business, they identify carve-outs, non-core divestitures, and recapitalization opportunities that become proprietary to A&M Capital. The firm also maintains relationships with workout groups at major money-center banks, the Federal Deposit Insurance Corporation, and special-situations desks.

It operates as an institutional private equity manager, not a family office or venture firm. The firm raises blind-pool commingled funds from institutional limited partners including public pension plans, endowments, foundations, and insurance companies. It does not manage a single-family balance sheet, though Alvarez & Marsal's founders are anchor investors in the funds.

A&M Capital was formed by Alvarez & Marsal's founders and operates under a strategic partnership with the consulting firm. Alvarez & Marsal provides operating resources, sector expertise, and origination flow, while A&M Capital functions as an autonomous investment manager with its own investment committee and limited-partner base. The two entities share brand identity and office infrastructure but maintain separate management and governance.

The firm does not publicly disclose a dedicated philanthropic vehicle connected to its investment operations. Alvarez & Marsal maintains a corporate social responsibility program and foundation, but those activities are organizationally distinct from A&M Capital's fund-management business and do not involve commingled limited-partner capital.

The firm targets control buyouts and significant-minority recapitalizations in the North American middle market, typically with enterprise values between $100 million and $750 million. It occasionally pursues growth-equity positions in founder-owned businesses when the operational value-add thesis is clear, but it does not invest in early-stage venture or pre-revenue companies.

The firm actively offers co-investment rights to its limited partners and selectively co-invests alongside other Alvarez & Marsal-affiliated entities. It does not typically participate as a passive limited partner in third-party private equity funds. The firm's model emphasizes lead or co-lead control positions where it can deploy A&M operating resources directly.