Altamont Capital Partners
About Altamont Capital Partners
Altamont Capital Partners was formed in 2010 by Jesse Rogers, Randall Eason and Keoni Schwartz, who had worked together at Golden Gate Capital and Bain & Company, according to the firm's January 2011 fund announcement. Its first fund closed at $500 million in January 2011, with about 10% coming from the general partner and its affiliates. PE International lists ACP Investment Fund IV with a September 2024 close and the Diablo Investment Fund as in market since July 2024. Fund sizes for these later funds are not public. In August 2024 the firm closed its first continuation fund to extend its investment in Tacala, a Taco Bell franchisee with more than 360 locations. Estimates of assets under management range from $4.3 billion on LinkedIn to over $4.5 billion on Startup Intros. No partner is publicly identified as leading AI investing.
No public source found describes an AI investing program, an AI-focused fund, or AI-focused deals. The firm's public materials describe control investments in middle-market businesses in business services, financial services, industrials, consumer and healthcare, usually where a company is going through an operational or strategic transition. Founders with AI-driven companies should confirm fit with the firm directly before pitching.
The firm's own materials describe control investments in middle-market businesses and do not publish stages or check sizes. Private Equity List, a third-party directory, lists pre-seed through Series C+ stages and a $10 million to $50 million ticket. Startup Intros records a $7.0 million Series A in Mulberri in December 2023. These third-party figures do not match the firm's buyout-style description, so they should be checked with the firm before pitching.
- pitchbook.com/profiles/investor/51524-02
- altamontcapital.com/news/altamont-capital-partners-closes-first-fund-w
- linkedin.com/company/altamont-capital-partners
- crunchbase.com/organization/altamont-capital-partners
- privateequitylist.com/investors/altamont-capital-partners
- privateequityinternational.com/institution-profiles/altamont-capital-p
- weil.com/articles/weil-advises-altamont-in-the-closing-of-its-first-co
- startupintros.com/orgs/altamont-capital-partners
Investing activity
Altamont Capital Partners is listed on AI Lounge as a venture capital investor based in Palo Alto. The deals desk records Series A and later AI rounds and seeds over $10M, so smaller checks may not show here yet.
Deals
Frequently asked questions about Altamont Capital Partners
Does Altamont Capital Partners invest in AI companies?
No public source found describes an AI investing program, AI-focused fund or AI-specific deal. The firm describes control investments in middle-market businesses in business services, financial services, industrials, consumer and healthcare.
When was Altamont Capital Partners founded and by whom?
The firm was founded in 2010 by Jesse Rogers, Randall Eason and Keoni Schwartz, who previously worked at Golden Gate Capital and Bain & Company. It is based at 400 Hamilton Avenue in Palo Alto.
What funds has Altamont Capital Partners raised?
Its first fund closed at $500 million in January 2011. Later vehicles include ACP Investment Fund IV, which PE International lists as closed in September 2024, and the Diablo Investment Fund, which it lists as open from July 2024. Fund sizes for the later funds are not public.
Which companies has Altamont Capital Partners backed recently?
Its news page cites Key Container Corporation, a packaging manufacturer in which it invested in March 2026, and Accelerant Holdings, which completed an IPO in July 2025 with Altamont as its largest shareholder. Other portfolio companies include Bishop Lifting Products and Big Top Manufacturing. None of these is described as an AI company.
What kind of companies does Altamont Capital Partners look for?
The firm makes long-term control investments in change-intensive middle-market businesses. It prefers corporate carve-outs, build-ups, take-privates and founder transitions, and works with existing management teams.
Where is Altamont Capital Partners based?
Altamont Capital Partners is based in Palo Alto.
How can founders reach Altamont Capital Partners?
Founders on AI Lounge can see Altamont Capital Partners's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Altamont Capital Partners to their Investor Pipeline to track the conversation.