Large and Stable Capital Base – Allstate Private Equity is a growing part of Allstate Investments, an investment management company that manages approximately $100 billion on behalf of insurance and pension entities. We invest globally in a broad range of private fund categories and also co-invest directly in individual transactions alongside our sponsor partners.
Long Term, Committed Investor to the Alternatives Asset Class – Allstate has a long history as an investor in Private Equity that began in the 1960’s. Today, our program has two principal components:
Fund Investing – This is the largest portion of our business with a typical commitment range of $35-$55 million per fund. We are a leading institutional limited partner in private funds in the following categories:
Buyouts
Mezzanine
Distressed
Growth capital
Direct Investing – We are also an equity co-investor and provider of mezzanine debt to support sponsored leveraged buyouts. We have the capacity to invest in all levels of junior capital in a transaction. Typical direct investment range is $15-$30 million per transaction.
Sizeable and Expanding Portfolio – We currently manage a diversified portfolio with more than $3.3 billion of total exposure. We are investors in more than 125 partnerships with exposure to approximately 50 different countries.
Knowledgeable Investor – As a group, our investment team has significant direct private equity and mezzanine investing experience, including as members of private equity sponsor firms. We believe this experience helps us work effectively and efficiently with our sponsor partners as we underwrite fund or direct investment opportunities.