AIP is an independent private investment firm founded in 2019 by Bradford Rossi and Philip
Wright (collectively, the “Principals”) and is headquartered in Houston, Texas.
AIP serves as an investment manager and provides discretionary advisory services to a number of
pooled investment funds, including investment funds privately offered to qualified investors in the
United States and elsewhere (each, a “Fund” and together with any future pooled investment
vehicles to which AIP or its affiliates provide investment advisory services, including co-
investment vehicles where the context so requires, the “Funds”). The Funds are generally
structured as private equity funds that invest through negotiated transactions in operating entities,
generally referred to herein as “portfolio companies.” AIP’s investment advisory services to the
Funds consist of identifying and evaluating investment opportunities, negotiating the terms of
investments, managing, and monitoring investments and achieving dispositions for such
investments. An affiliate of AIP acts as the manager or general partner of each Fund and from time
to time, the Principals or other affiliated personnel of AIP or its affiliates may serve on such
portfolio companies’ respective boards of directors or otherwise act to influence control over
management of portfolio companies in which the Funds have invested.
AIP thematically invests in high-growth companies within defensive industrial subsectors,
including industrial services, niche manufacturing, value-added distribution, waste management,
environmental services, and critical infrastructure services. AIP seeks to partner with experienced
management teams that can benefit from its operational enhancement capabilities and active,
hands-on involvement, allowing the Firm to execute buy-and-build strategies.
All discussions of any private fund offered by AIP in this brochure, including but not limited to
their investments, the strategies used in managing the Funds,
the fees and other costs associated
with an investment in the Funds, and conflicts faced by the Firm in connection with the
management of the Funds, are qualified in their entirety by reference to each Fund’s respective
offering memorandum, limited partnership agreement and/or advisory agreement (collectively,
“Governing Documents”).
With respect to each Fund that AIP manages, AIP tailors its investment advisory services to the
strategies and conditions set forth in the Fund’s respective Governing Documents, rather than the
individual needs of any Fund’s underlying investors (hereinafter “Investors”). In addition, the
Governing Documents of Funds may, in certain limited circumstances, impose restrictions on
investing in certain securities or types of securities, for example in connection with regulatory or
compliance reasons. As a general matter, in the context of any Fund AIP does not tailor its services
to take into account any specific conditions of any Investor, and Investors generally may not
prescribe additional investment restrictions beyond those described in the applicable Governing
Documents. In certain cases, the Funds or the general partners of such Funds may enter into side
letter agreements (“Side Letters”) with certain Investors in a Fund that have the effect of
establishing rights under, or supplementing or altering the terms of, the applicable Governing
Documents (including without limitation, “most favored nations” rights, economic terms, excuse
rights transfer rights, transparency rights, reporting rights, capacity rights, and approval rights and
certain other protections, acknowledgments, confirmations and agreements). Once invested in a
Fund, Investors generally cannot impose additional investment guidelines or restrictions on such
Fund.
As of December 31, 2023, AIP managed $521,375,762 in assets on a discretionary basis. The Firm
does not currently manage any non-discretionary assets and does not participate in any wrap fee
programs.