ACE & Company announced it raised a combined $228 million in new capital commitments across two flagship funds during the first quarter of 2026, exceeding internal targets despite ongoing market volatility and geopolitical uncertainty.
The fundraising represents approximately 12% of the firm’s total assets under management and reflects continued investor demand for private market strategies focused on disciplined deployment and value creation.
ACE Secondary Investments VIII reached its final close at $85 million, a 66% increase over its predecessor fund. The fund focuses on LP-led secondary investments, targeting mature private equity portfolios at discounted valuations with an emphasis on near-term cash generation and accelerated distributions.
ACE highlighted favorable conditions in the secondary market, including elevated unrealized private equity net asset values, longer holding periods, and rising investor demand for liquidity.
In parallel, ACE Independent Sponsors IV completed its first close at $143 million, building on strong momentum from the prior fund. This strategy targets lower middle-market companies across the United States and Western Europe, focusing on high-quality businesses with operational upside and opportunities for value creation through disciplined entry pricing and proprietary deal sourcing.
The firm’s broader strategy spans venture, independent sponsor-backed investments, and secondaries, offering diversified exposure across the private markets lifecycle.
Headquartered in Geneva, ACE & Company manages more than $2 billion in assets and operates across key global financial centers, including Zurich, London, New York, and Cairo.
The successful fundraising underscores investor confidence in ACE’s investment approach and positions the firm to deploy capital in an environment where market dislocation may create attractive opportunities.
KEY QUOTES
“In periods of market volatility, investors do not retreat from conviction; they concentrate it in quality assets. This fundraise reflects the continued confidence of our investor community and positions us well to deploy capital at a time when disciplined investors can create significant value. We now look forward to investing this capital thoughtfully and continuing to build on our relationships with investors and partners throughout the year.”
Adam Said, Chairman and Co-Founder, ACE & Company
