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AIAC Group
L. M. Levie established AIAC Group as a single-family office based in New York. The firm maintains a long-term mandate to acquire and operate industrial...
AIAC Group
L. M. Levie established AIAC Group as a single-family office based in New York. The firm maintains a long-term mandate to acquire and operate industrial businesses rather than exit them on short cycles. Levie also chairs the AIAC Foundation and related vehicles that support the portfolio. AIAC executes direct acquisitions of manufacturing assets, often from public companies or private-equity sellers. Confirmed transactions include the 2021 purchase of Holophane SAS from Acuity Brands, the 2022 acquisition of the Kokkola Cobalt Refinery from Umicore, and the earlier purchase of the Enstra Mill and recycled packaging business from Sappi in South Africa. The firm also participates in fund-of-funds commitments and private-credit positions. Operations span North America, Europe, Asia and Africa, with additional exposure in the Caribbean, Middle East, Oceania and South America. Asset classes include industrial real estate, natural resources and intellectual-property holdings. The team comprises more than 50 professionals with expertise in finance, restructuring and sector operations. Additional offices support deal flow and oversight in the listed cities. AIAC maintains philanthropic structures through the AIAC Foundation and Canadian Kraft Foundation. In April 2026 L. M. Levie received the Officier de l'Ordre de Mérite du Grand-Duché de Luxembourg, an event that coincided with ongoing portfolio activity. AIAC differs from typical family offices through its hybrid model of permanent ownership combined with active operating involvement. Levie serves as chairman or director of numerous subsidiaries while maintaining external board roles at organizations such as the Explorers Club and the Foreign Policy Association. This governance structure allows the office to retain control of industrial assets across multiple generations without reliance on external fund managers.
General information
Firm type
Single Family Office
Year founded
1996
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Additional offices
Bangkok · Barcelona · Chicago · Dallas · Dublin · Houston · Hong Kong · Johannesburg · London · Melbourne · Milan · Paris · San Juan · Seattle · Shanghai · Singapore · Toronto · Tokyo · Washington DC
Principals
L. M. Levie
Chairman
Amit Arora
Managing Director – Industrial Restructuring
Robert Blumenfeld
Managing Director
Alison Chan–Doerr
CFO, Europe and Asia
Peter Graham
Managing Director CRO, COO
Husain Rajab
Managing Director
Sector focus
Frequently asked questions
Who runs investment decisions at AIAC Group?
L. M. Levie serves as Chairman and directs investment and operating decisions. Managing Directors Amit Arora, Robert Blumenfeld, Peter Graham and Husain Rajab execute transactions and oversee portfolio companies (per firm website).
How does AIAC Group source proprietary deal flow?
The firm acquires non-core manufacturing units directly from public companies and private-equity sponsors. Recent examples include purchases from Acuity Brands in 2021 and Umicore in 2022 (per firm website).
Does AIAC Group participate in fund commitments or only direct deals?
AIAC executes direct co-investments and SPVs while also maintaining fund-of-funds and private-credit exposures. The portfolio includes both controlling equity positions and royalty or debt holdings (per firm website).
What investment stages does AIAC Group typically target?
The firm focuses on buyouts, distressed and turnaround situations, and growth equity within industrial sectors. Confirmed stages are listed on the firm website.
Where does the underlying wealth come from?
Wealth origin is not publicly attributed to a specific operating company or founder fortune beyond the industrial portfolio itself.
Does AIAC Group maintain philanthropic structures, and how are they separated?
The office operates the AIAC Foundation, Champlain Foundation, Avara Charitable Foundation and Canadian Kraft Foundation. These entities are listed separately from the investment portfolio on the firm website.
What is AIAC Group's known posture on co-investments alongside external GPs?
AIAC acquires assets outright and operates them through subsidiaries rather than co-investing alongside third-party managers. The firm has formed one noted joint venture, Liquid Cooled Motors with Koch Industries (per firm website).
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