Alvarez & Marsal Capital

Alvarez & Marsal Capital operates as an integrated division within the broader Alvarez & Marsal professional services firm, which was co-founded by Tony Alvarez II and Bryan Marsal. The investment team draws on A&M's bench of restructuring and operational professionals for sourcing, diligence, and portfolio management. Specific named investment committee members are not publicly disclosed, though leadership typically includes senior A&M managing directors with deep turnaround and private equity experience.

Deal flow originates primarily through A&M's active consulting mandates — including restructuring engagements, creditor advisory assignments, and interim management roles — where the firm gains early visibility into stressed, underperforming, or orphaned corporate assets. This operational adjacency means the Capital group often sees carve-out, turnaround, and succession-driven opportunities before they reach broad auction processes. The parent firm's 8,000-plus professionals across tax, disputes, and performance improvement also surface corporate divestiture opportunities.

Alvarez & Marsal Capital focuses on direct control investments, including buyouts, corporate carve-outs, and distressed-for-control transactions. The firm also participates in co-investments alongside other private equity sponsors. There is no public record of the firm operating as a fund-of-funds or making passive LP commitments to external managers.

The firm targets mature middle-market companies with $5 million to $50 million of EBITDA, pursuing control-oriented situations that require operational transformation. This includes corporate carve-outs from larger parents, founder successions, turnaround situations, and underperforming divisions. The firm does not participate in early-stage venture or growth equity as a primary strategy.

Alvarez & Marsal Capital is the dedicated private equity investment platform of Alvarez & Marsal, the global professional services firm known for turnaround management and corporate restructuring. The Capital group leverages A&M's consulting infrastructure — including interim executive placement, operational improvement, and industry expertise — to source, diligence, and manage portfolio companies. A&M was founded in 1983 and now operates across more than 70 offices globally.

Alvarez & Marsal Capital participates in co-investments alongside other private equity firms, particularly in situations where its operational capabilities — interim management, restructuring expertise, or carve-out execution — complement the lead sponsor's strategy. The firm's co-investment activity draws on A&M's broader advisory relationships with the private equity community, where A&M frequently serves as restructuring advisor or operational consultant to sponsor-backed companies.

The firm pursues investments across industrials, healthcare, business services, and consumer sectors, with an emphasis on situations requiring operational intervention rather than passive capital. Its parent firm's functional expertise in performance improvement, supply chain optimization, and interim leadership deployment applies across these industries. The investment strategy does not publicly emphasize technology, financial services, or real estate as core verticals.