# Palatine

Palatine is a Private Equity based in Miami, United Kingdom.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Miami, United Kingdom
- **Region:** Europe
- **Address:** Manchester, United Kingdom
- **Founded:** 2005
- **Assets under management:** Undisclosed
- **Website:** www.palatinepe.com
- **LinkedIn:** https://www.linkedin.com/company/palatine-private-equity

## Regulatory record

- **CRD number:** 168077
- **SEC file number:** 801-113651
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/168077

## About

Palatine Private Equity is a private equity firm that also operates in growth credit. It describes its approach as not just private equity, positive equity. People are at the heart of its investment philosophy, and it supports directors, management teams and employees across portfolio companies.

## Sectors

- Enterprise Software
- Financial Services
- Healthcare Services
- Business Services
- Industrial Tech

## Offices

- London, United Kingdom

## People

- Tony Dickin — Partner
- Andy Lees — Partner
- Gary Tipper — Managing Partner

## Questions

### Who runs investment decisions at Palatine?

Investment decisions are made by the partnership group, led by Managing Partner Gary Tipper and partners Tony Dickin and Andy Lees. The three co-founders remain active in deal origination and portfolio oversight. No external investment committee sits above the partnership.

### How does Palatine source proprietary deal flow?

Palatine's Manchester headquarters positions the firm outside the London auction circuit, giving it early visibility on regional management teams and founder-owned businesses in the North of England and the Midlands. The firm also runs a sector-specialist model where partners build long-term relationships within healthcare, business services, and technology-enabled services to generate off-market opportunities before intermediaries become involved.

### Does Palatine participate in fund commitments or only direct deals?

Palatine operates as a direct investor, writing equity and credit instruments into portfolio companies it selects and negotiates directly. The firm does not operate as a fund-of-funds and does not allocate to external private equity managers. Limited partner capital is pooled into Palatine's own fund vehicles.

### How is the Impact Fund structurally separated from the flagship Buyout fund?

The Palatine Impact Fund operates as a separate legal vehicle with a distinct investment committee and an impact advisory board that reviews each investment against UN Sustainable Development Goal metrics before commitment. Fundraising is handled independently — Impact Fund II closed at £160 million in November 2024, separate from the concurrent flagship fundraise. Portfolio companies sit in segregated SPVs with their own impact reporting lines.

### Which sectors does Palatine explicitly avoid?

Palatine does not invest in resource extraction, tobacco, armaments, or gambling. These exclusions apply both to the Buyout funds under the firm's responsible investment policy and to the Impact Fund under its formal sustainability criteria. The firm has also publicly stated it avoids high-carbon industrials where no credible transition plan exists.

## Related profiles

- [Palapa Ventures](https://altss.com/profile/palapa-ventures)
- [Palatine Hill Wealth Management](https://altss.com/profile/palatine-hill-wealth-management)

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Last updated: 2026-08-11T15:07:41.444Z

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