Private EquityRIA · CRD 156994SEC-RegisteredPrivate Fund Adviser

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Industrial Opportunity Partners

Industrial Opportunity Partners is an SEC-registered investment adviser in Evanston, IL, since 2012. The firm manages approximately $1.3 billion in assets.

Industrial Opportunity Partners logo

Industrial Opportunity Partners

Industrial Opportunity Partners is an SEC-registered investment adviser in Evanston, IL, since 2012. The firm manages approximately $1.3 billion in assets. It has 20 employees and 20 investment advisers.

General information

Firm type

Private Equity

Year founded

2005

Location

Region

North America

Country

United States

City

Evanston

Corporate office

Evanston, IL, United States

Principals

David Macknin

Managing Director

Adam Gottlieb

Managing Director

Ken Tallering

Managing Director

Sector focus

Industrial TechManufacturing

Frequently asked questions

Who runs investment decisions at Industrial Opportunity Partners?

Investment decisions sit with IOP's managing directors, a group that includes co-founders Ken Tallering and David Macknin alongside other senior partners with deep operating backgrounds. Unlike most private equity firms, IOP's senior team often steps into operating roles at portfolio companies, blurring the line between deal-maker and manager. The firm's investment committee evaluates transactions with an emphasis on operational turnaround feasibility rather than financial engineering alone.

What is the size of IOP's most recent fund?

Industrial Opportunity Partners closed its third fund, Industrial Opportunity Partners III, with $395 million in commitments in 2017. The firm's limited partners include institutional allocators such as endowments, pension funds, and family offices. IOP has not publicly disclosed a subsequent fund close or updated AUM figures.

Does IOP invest outside the United States?

No. IOP invests exclusively in US-based middle-market manufacturing and distribution businesses, with a concentration in the Midwest. The firm's strategy relies on domestic supply chain dynamics and operational involvement that makes international investing impractical for its hands-on model.

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