Alpine Investors key facts
- Alpine Investors is a private equity firm based in One California Street, Suite 2900 with 4 tracked portfolio companies.
- Notable positions include Malama Health, Ascend Partner Services, Axcel Learning.
- Alpine Investors has 20 funds on record, raising $8.3B across the 10 that report a size.
- The team roster lists 37 people.
About Alpine Investors
Founded in 2001, Alpine Investors is a private equity firm based in San Francisco, California. The firm specializes in buyouts, add-ons, carveouts, recapitalization, and growth capital. The firm prefers to invest in companies operating in the media, software, healthcare, business services, consumer services, and consulting services sectors based in the United States, Canada, Europe, and Australia. This firm is a Registered Investment Adviser (RIA).
Alpine Investors portfolio at a glance
4 portfolio companies are on record for Alpine Investors, including Malama Health, Ascend Partner Services and Axcel Learning.
Alpine Investors funds
20 funds are on record for Alpine Investors, totalling $8.3 billion across the 10 that report a size. The most recent is Alpine Investors Heroes I-A, LP (2026 vintage).
Alpine Investors team
37 people are on record at Alpine Investors: 13 principals, 11 partners and 13 others. Senior names include April Smith (Partner), Billy Maguy (Founding Partner) and Dan Sanner (Founding Partner). 36 of them have a verified direct contact on file.
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Alpine Investors at the SEC
Form ADV · 2026-03 · CRD 157255- Regulatory AUM
- —
- Private fund assets
- $18.9B
- Private funds
- 16 · 16 private equity
- Staff
- 96
- Registered office
- SAN FRANCISCO, CA
- SEC status
- Approved
Reports custody of client assets.
Source: SEC Investment Adviser Public Disclosure, Form ADV (registered as ALPINE MANAGEMENT SERVICES III, LLC).
- ·The top 10 names in the book — of 4 recorded positions
- ·Watchlist + alerts for Alpine Investors's activity
Portfolio
4 companies · priced for members| Company | Industry | Valuation | First invested | Role |
|---|---|---|---|---|
| Malama Health | — | ▮ | ▮ | ▮ |
| Ascend Partner Services | — | ▮ | ▮ | ▮ |
| Axcel Learning | — | ▮ | ▮ | ▮ |
+ 1 more companies · all 4, priced and dated or a free account shows the top 10 names — no card Membership and data by Private Market View | ||||
Funds
6 of 20 recorded- Alpine Investors Heroes I-A, LP2026—
- Alpine Investors Heroes Co-Investment UT Dream, LP2026—
- Alpine Investors Heroes I, LP2026—
- ALPINE INVESTORS ICEMAN CV-A, LP2023$2.6B
- ALPINE INVESTORS ICEMAN CV, LP2023$2.6B
- ALPINE INVESTORS FAF IX, LP2023—
$8.3B raised across the 10 funds that report a size
All 20 funds →Partners, principals, and the people who answer a pitch. Pro members reveal contacts with credits.
Frequently asked about Alpine Investors
- What companies does Alpine Investors invest in?
- Alpine Investors has 4 recorded portfolio companies, including Malama Health, Ascend Partner Services, Axcel Learning.
- What is Alpine Investors's AUM?
- Alpine Investors manages approximately $18.7B in assets.