AEA Investors Announces Joint Venture with Amateras Capital

AEA Investors and Amateras Capital, a women-led investment platform focused on junior capital solutions across private credit and equity, today announced a joint venture to leverage the power of female investment and operating talent and expertise to drive value creation and shift the gender paradigm in investing.

Strategic Partnership Leverages Best-in-Class Diverse Investment Talent to Drive Continued Outperformance

25-Year Industry Veteran and Co-Founder of Amateras Capital Alexandra Jung Appointed Head of AEA Private Debt, Joins Management Committee and Will Lead the AEA-Amateras Joint Venture

New York – April 27, 2022 – AEA Investors (“AEA”), a leading alternative investment manager specializing in middle market private equity and debt investments, and Amateras Capital (“Amateras”), a women-led investment platform focused on junior capital solutions across private credit and equity, today announced a joint venture to leverage the power of female investment and operating talent and expertise to drive value creation and shift the gender paradigm in investing.

The AEA-Amateras joint venture will be led by Amateras’ Co-Founder Alexandra (Alex) Jung and will be majority owned and led by women who have been in the investment business for over 75 years cumulatively. AEA will own a minority interest in the joint venture. Alex will be joined by Amateras Capital Partner and Co-Founder Debbie Ackerman and Partner Andrea Hedrick, both long-standing leaders in the private equity and credit investing space. As Partners in the joint venture, they will lead investment activity and continue supporting Amateras’ Advisory Network and leadership initiative under Project Sunflower, aligned with its mission of achieving investment excellence through driving greater diversity in the industry. In addition, Alex Jung has been appointed Head of AEA Private Debt and a member of the firm’s Management Committee succeeding Scott Zoellner, a founding partner of AEA Private Debt. Scott will be assuming a new role as Head of Capital Markets for AEA’s private equity groups, where he will focus on expanding the firm’s lender relationships across strategies. Established in 2005, AEA Private Debt Group has a deep bench of experienced credit investment professionals and has invested $7.2 billion since inception.

This mutually beneficial partnership enhances both firms’ positioning as partners of choice in the private equity and credit community. With a successful investing history that spans multiple decades, and a deep foundation of partnership across the middle market, AEA’s leading platform is an ideal network to extend the impact of Amateras’ solutions-based partnership investing approach, creating outperformance through bringing diverse thought to investing in private markets. AEA and its portfolio companies will have access to Amateras’ investing expertise, distinct female advisory network and under its Project Sunflower initiative, leadership development programming to further advance the next generation of investors and operating executives within their expansive network.

“We are thrilled to be partnering with Amateras and to welcome Alex, Debbie and Andrea to AEA,” said Brian Hoesterey, Chief Executive Officer of AEA. “This is an important collaboration, and we are confident that partnering with Amateras to further leverage the power of female investment and operating talent will be a key differentiator for our team, the portfolio companies we work with and those that are considering partnering with us moving forward. Alex brings significant investment acumen in alternative credit and private equity, business building experience and unmatched leadership skills, and I look forward to seeing all that she accomplishes as she builds on the strong foundation the team has laid for our Private Debt franchise as private debt markets continue to experience tremendous growth.”

“AEA has a 54-year track record and industry leading investment and operating talent, and I am excited to be joining a global platform of AEA’s caliber,” said Ms. Jung. “We share a collaborative mindset and a partnership-driven approach to investing, and I am enthusiastic about the opportunity to grow the Private Debt business and lead the AEA-Amateras partnership alongside my partners. Building on the long-standing success of the AEA platform, we see a unique opportunity to multiply the impact of Amateras and our innovative network of strategic investors that brings the female point of view to private equity and credit deals and affect change throughout the industry.”

Financial terms of this transaction were not disclosed.

About Alexandra Jung

Alexandra (Alex) was most recently a Partner & Head of Europe at Oak Hill Advisors, a U.S.-based $50 billion investment firm specializing in alternative credit and private equity, prior to starting her own initiative, Amateras Capital, a firm focused on women-led investing. While at Oak Hill, Ms. Jung served on global investment committees, valuation committees and management boards. Prior to joining Oak Hill Advisors, she managed investments in credit, distressed and equity as part of Goldman, Sachs & Co.’s Special Situations Group and at Greywolf Capital. Alex began her career at Houlihan Lokey Howard & Zukin. Ms. Jung also serves on the Board of Trustees of Bucknell University and on the Board of Directors of publicly traded NVR, Inc. She is a founding Board member of the Women’s Business Collaborative, a new initiative established to accelerate the advancement of women in the c-suite, board and corporate leadership through promoting collaboration among the largest national women leadership organizations.

About Amateras Capital, LLC

Amateras Capital, LLC (“Amateras”) is an investment firm that focuses on providing private credit and equity solutions to companies and partners with a mission of shifting the gender paradigm in investing and leveraging leading female investment and operating talent.  Amateras was founded in 2021 and is led by female investment veterans Alex Jung, Debbie Ackerman and Andrea Hedrick, who have a cumulative 75+ years of professional experience, and share a vision of building an innovative, women-led investment firm that leverages the power of female investment and operating talent to drive outperformance.  Amateras’ investment platform brings to its partners and portfolio companies its deep investment experience and high caliber female Advisory Network, Project Sunflower, which consists of leading c-suite and operating talent. Amateras seeks to leverage this diverse ecosystem to drive value creation for the company and its partners, solving capital and experience gaps across a diverse set of industries.

About AEA Investors

AEA Investors LP was founded in 1968 by the Rockefeller, Mellon and Harriman family interests and S.G. Warburg & Co. as a private investment vehicle for a select group of industrial family offices with substantial assets. AEA has an extraordinary global network built over many years which includes leading industrial families, business executives and leaders; many of whom invest with AEA as active individual investors and/or join its portfolio company boards or act in other advisory roles. Today, AEA’s approximately 100 investment professionals operate globally with offices in New York, Stamford, San Francisco, London, Munich and Shanghai. The firm manages funds that have nearly $15 billion of invested and committed capital including the leveraged buyouts of middle market companies and small business companies, growth capital and mezzanine and senior debt investments. AEA Private Debt is a strategy within AEA that has invested $7.2 billion since its inception in 2005. The team of experienced professionals partners with leading middle market private equity firms, family offices and entrepreneur-backed companies to provide senior secured financings, junior capital and equity co-investments in support of buyouts, recapitalizations, add-on acquisitions and re-financings.

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