is AE well-known
11/11/2024 03:59pm
Yes, AE Industrial Partners, LP is well-known in the private equity industry. Here are some points that highlight their prominence:
1. **Established Track Record**: AE Industrial Partners has a rich history dating back to 1998, with a strong focus on investing in highly specialized markets such as national security, aerospace, and industrial services.
2. **Significant Portfolio Companies**: They have completed over 130 investments in market-leading companies, which indicates their active involvement and influence in these sectors.
3. **Prominent Leaders**: The promotion of Jon Lusczakoski to Principal reflects their commitment to building a next generation of firm leadership. Jon Lusczakoski's background as a Lead Engineer at Williams International and his concentration in strategy & entrepreneurship from the University of Michigan's Stephen M. Ross School of Business provide a unique combination of investment and technical experience.
4. **Recent Developments**: AE Industrial Partners has recently seen a sale of 5,500 shares of BigBear.ai Holdings, Inc. by AE Industrial Partners, LP, amounting to a total transaction value of $9,625. The shares were sold at prices ranging from $1.75 to $1.77 per share. Following this transaction, AE Industrial Partners maintains ownership of 142,869,148 shares in BigBear.ai. The transactions were reported by BBAI Ultimate Holdings, LLC, and Pangiam Ultimate Holdings, LLC, with Michael R. Greene and David H. Rowe exercising voting and dispositive power over the shares. The sale reflects a small fraction of AE Industrial Partners' holdings in BigBear.ai, a company known for its prepackaged software services. The transaction details were disclosed in a recent SEC filing, providing transparency to investors and the market about the changes in ownership stakes by significant shareholders.
5. **Recent Fundraising**: AE Industrial Partners has reloaded its main strategy with more than $1 billion to invest across aerospace and defense supply chains, indicating their continued activity and influence in these sectors.
In summary, AE Industrial Partners, LP is a well-established and prominent player in the private equity industry, with a strong track record and significant investments in specialized markets. Their recent activities, including the promotion of key personnel and strategic investments, further solidify their position as a notable institution in the field of private equity.