Acon Investments
Private equityWashington, D.C. · Seed–Late Stage
Also known as Acon Equity Management, L.L.C. · ACON LATAM MANAGEMENT, L.L.C.
Investment thesis
ACON Investments pursues value creation driven by dislocation, targeting opportunities at the intersection of sector and situation. The firm concentrates on the consumer and industrials sectors, identifying situations where value can be created through brand repositioning, industry consolidation, corporate carve-outs, or by serving as first institutional capital. Led by a team investing together for over 25 years, ACON applies deep sector expertise and situational focus to its investments.
Source: firm website, verified Aug 25, 2026.
What they invest in
from 8 of 49 portfolio companiesConsumer ×6Direct to Consumer ×5E-commerce ×5Advanced Manufacturing ×1Biotech ×1Cleantech ×1FoodTech ×1Hardware ×1
HQs:Colombia×2United States×1
Investments · 49 tracked
founders shown can be your intro pathFunko is a US public company that designs and sells licensed pop culture collectibles, best known for Pop! vinyl figures.
Co-investorsThe Chernin Group (TCG Crypto)
Bio Ionic sells hair styling tools such as blow-dryers, diffusers, and stylers built around an ionic "Moisturizing Heat" technology intended to dry and style hair faster while keeping it hydrated.
ConsumerDirect to ConsumerE-commerce
Co-investorsNexxus Capital
Igloo makes coolers and drinkware, including hard coolers, soft coolers, electric coolers, bottles, tumblers, and mugs, sold direct to consumers online.
ConsumerDirect to ConsumerE-commerce
Co-investorsHalyard
Ouidad is a hair care brand offering products such as gels, conditioners, shampoos, masks, and treatments formulated for curly, wavy, and coily hair types.
ConsumerDirect to ConsumerE-commerce
Pine Environmental Services rents and sells test and measurement equipment for environmental monitoring, nondestructive testing, remote visual inspection, safety, and field supplies.
Advanced ManufacturingCleantechHardware
Co-investorsSaw Mill
Design-based premium jeans and sportswear apparel brand selling direct-to-consumer and through wholesale partners.
Co-investorsTowerBrook
Vitalis is a pharmaceutical company, part of Grupo Sanfer, that develops and manufactures sterile medications including injectables, ophthalmics, and semisolids across various therapeutic lines for patients and healthcare professionals.
BiotechHealthtech
YumEarth makes organic, allergy-friendly candy and snacks, including freeze-dried fruit, lollipops, and chocolate products, marketed to families.
ConsumerDirect to ConsumerFoodTech
Exits · 1
IPOs and acquisitions across the tracked portfolioFunkoNASDAQ: FNKO
Fund performance · per public LP disclosures · 5
as of Sep 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| ACON Equity Partners IVLPs: Empire State Development – New York Ventures, Oregon Public Employees Retirement System, California State Teachers' Retirement System | 2016 | — | 8.5% | 1.42x | 0.68x |
| ACON Equity Partners 3.5LPs: Empire State Development – New York Ventures, California State Teachers' Retirement System, Los Angeles City Employees' Retirement System +1 more | 2012 | — | 2.7% | 1.13x | 1.11x |
| ACON Equity Partners IIILPs: New York City Police Pension Fund | 2012 | — | 2.0% | 1.08x | 1.05x |
| ACON Equity Partners III, L.P.LPs: Teachers' Retirement System of the City of New York | 2012 | — | 2.3% | 1.09x | — |
| Acon-Bastion Partners II, L.P.LPs: California Public Employees' Retirement System, California State Teachers' Retirement System, Los Angeles City Employees' Retirement System | 2006 | — | 12.3% | 1.74x | 1.74x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- How many investments has Acon Investments made?
- Acon Investments has 49 tracked investments.
- What stage does Acon Investments invest at?
- Acon Investments invests at the Seed, Series A, Growth, Late Stage stages.
- What sectors does Acon Investments focus on?
- Acon Investments focuses on Advanced Manufacturing, Consumer, Sector Agnostic.
- Where is Acon Investments located?
- Acon Investments is headquartered in Washington, D.C., US.
- Does Acon Investments lead rounds?
- Yes, Acon Investments leads investment rounds.
- Who does Acon Investments co-invest with?
- Acon Investments most often shares deals with Halyard, Nexxus Capital, Saw Mill, among 5 tracked co-investors.
Images
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