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Portfolio
Risk Management

ACP's first priority is to preserve capital over the long-term. We seek to reduce risk by holding quality assets and achieving a high level of diversification.


ACP holds interests in more than 150 private partnerships representing over 1,300 company-level investments. This represents a high level of diversification by vintage year, industry, stage of investment, manager and geographic location.

ACP holds interests in private equity partnerships such as:

      ABRY Partners III, L.P. (1997)
      American Securities Partners II, L.P. (1998)
      APAX Europe V-A, L.P. (2001)
      APAX France V-A, L.P (1998)
      Apollo Investment Fund IV, L.P. (1998)
      Arch Venture IV, L.P. (1999)
      Austin Ventures VIII, L.P. (2001)
      Bain Capital VIII Coinvestment Fund, L.P. (2004)
      Blackstone Capital Partners IV, L.P. (2001)
      Brentwood Associates Private Equity III, L.P. (1999)
      Brera Capital Partners, L.P. (1998)
      Brockway Moran & Partners Fund, L.P. (1998)
      Bruckman, Rosser, Sherrill & Co., L.P. (1995)
      Capital Z Financial Services Fund II, L.P. (1998)
      Carlyle Partners V, L.P. (2007)
      Carlyle Realty Partners V, L.P. (2006)
      Carlyle Europe Partners III, L.P. (2006)
      Catterton Partners IV A, L.P. (1999)
      Charterhouse Equity Partners III, L.P. (1998)
      Chartwell Investments II, L.P. (1999)
      Clayton, Dubilier & Rice Fund VI, L.P. (1998)
      Columbia Capital Equity Partners II (QP), L.P. (1999)
      Cypress Merchant Banking Partners II, L.P. (1999)
      DLJ Growth Capital Partners, L.P. (2001)
      DLJ Merchant Banking Partners II, L.P. (1997)
      First Reserve Fund VIII, L.P. (1998)
      Francisco Partners, L.P. (2000)
      Great Hill Equity Partners, L.P. (1999)
      Green Equity Investors III, L.P. (1998)
      H.I.G. Capital Partners II, L.P. (1998)
      Hellman & Friedman Capital Partners IV, L.P. (1999)
      Heritage Fund III, L.P. (1999)
      Hicks, Muse, Tate & Furst Equity Fund III, L.P. (1996)
      Hicks, Muse, Tate & Furst Equity Fund IV, L.P. (1998)
      Interwest Partners VIII, L.P. (2000)
      J.W. Childs Equity Partners II, L.P. (1998)
      Kelso Investment Associates VI, L.P. (1998)
      M.D. Sass Corporate Resurgence Partners L.P.
      Madison Dearborn Capital Partners III, L.P. (1999)
      Madison Dearborn Capital Partners IV, L.P. (2001)
      Marquette Venture Partners III, L.P. (1997)
      New Enterprise Associates 10. L.P. (2000)
      Newbridge Asia II, L.P. (1999)
      North Castle Partners II, L.P. (1999)
      Oak Hill Capital Partners, L.P. (1999)
Oak Investment Partners IX, L.P. (1999)
      Oak Investment Partners VIII, L.P. (1998)
      Odyssey Investment Partners Fund, L.P. (1998)
      Olympus Real Estate Fund II, L.P. (1998)
      Providence Equity Partners III, L.P. (1998)
      Providence Equity Partners IV, L.P. (2000)
      Providence Equity Partners V, L.P. (2004)
      Ripplewood Partners II, L.P. (2001)
      Softbank Technology Ventures IV, L.P. (1997)
      Sprout Capital IX, L.P. (2000)
      TCV III (Q), L.P. (1999)
      TCV IV (Q), L.P. (1999)
      TH Lee Putnam Ventures, L.P. (2000)
      Thayer Equity Investors IV, L.P. (1998)
      The 1818 Fund III, L.P. (1998)
      The Resolute Fund, L.P. (2002)
      Thomas H. Lee Equity Fund III, L.P. (1995)
      Thomas H. Lee Equity Fund V, L.P. (2000)
      Trident II, L.P. (1999)
      Trinity Ventures VI, L.P. (1998)
      Trinity Ventures VIII, L.P. (2000)
      VS & A Communications Partners III, L.P. (1998)
      Warburg Pincus International Partners, L.P. (2000)
      Warburg Pincus Private Equity VIII, L.P. (2001)
      Warburg Pincus Ventures International, L.P. (2000)
      Welsh, Carson, Anderson & Stowe VIII, L.P. (1998)
      Westbrook Real Estate Fund III, L.P. (1998)
      Willis Stein & Partners II, L.P. (1998)
      Willis Stein & Partners III, L.P. (2000)
      Worldview Technology Partners IV, L.P. (2000)


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