Alpine Investors
Private equitySan Francisco Β· Growth Β· 1 people tracked
Also known as ALPINE MANAGEMENT SERVICES III, LLC
Investment thesis
Alpine Investors believes that enduring businesses are built through investment in people and culture-first leadership. The firm targets transitions and scaling opportunities, including privately-owned businesses requiring leadership modernization and corporate carveouts, emphasizing thoughtful growth execution and operational value creation through its Atlas team. The firm's PeopleFirst philosophy operationalizes the belief that exceptional talent drives exceptional investment outcomes.
Source: firm website, verified Aug 25, 2026.
Team Β· 1 people
from public directories
Founder mafia
2 people who came through Alpine Investors went on to found or lead other companies.
What they invest in
from 12 of 33 portfolio companiesSaaS Γ4Digital Health Γ3Healthtech Γ3Construction Tech Γ2Enterprise Software Γ2Fintech Γ2AI & Machine Learning Γ1Cleantech Γ1
HQs:United StatesΓ6
Investments Β· 33 tracked
founders shown can be your intro path
ASG acquires and operates mission-critical software and tech-enabled services businesses across more than 15 verticals, transforming them into AI-native companies with deployable engineering, talent, and go-to-market support.
AI & Machine LearningEnterprise SoftwareSaaS
Mark Strauch(Board Member & Co-Founder)Billy Maguy(Board Member & Co-Founder)Jake Brodsky(Board Member & Co-Founder)Steve Reardon(CEO)Jamie Linden(President)Megan Land(COO)
Co-investorsV1 VC
Actabl provides operational intelligence software for hotels, connecting business systems and teams so hotel leaders can track performance, act on insights, and measure financial impact across properties.
Enterprise SoftwareSaaSTravel & Hospitality
Aspen Standard Wealth acquires and partners with registered investment advisor (RIA) firms through a long-term partnership model, letting partner firms keep their own management, culture, and brand while providing operational, marketing, and talent support.
Fintech
Dynamo Software provides a configurable, cloud-based investment management platform for the alternative investments industry, serving fund managers, institutional investors, and service providers.
Cloud ComputingFintechSaaS
Hank Boughner(CEO)Krassen Draganov(Founder & Chief Product Officer)
Co-investorsBlackstoneFrancisco PartnersABS Capital PartnersDnx VenturesiGlobe PartnersJMI Equity+4 more
Midwest Vision Partners is a management services organization that builds a network of ophthalmology and optometry practices to deliver eye care, operating more than 70 locations with 140 physicians across the U.S.
HealthtechMedical DevicesChicago, US
Optima Dermatology is a dermatology practice offering medical, surgical, and cosmetic skin care services, treating conditions ranging from acne and eczema to skin cancer.
HealthtechWellness & FitnessBedford, US
Radicle Health builds software for human services and behavioral health organizations, covering EHRs, care coordination, referrals, case management, and outcomes reporting across programs such as substance use disorder treatment, housing, foster care, workforce development, and food banks.
Digital HealthMental HealthSaaS
Riverside Insights develops research-backed educational and clinical assessments that help educators and clinicians identify students' cognitive abilities, academic achievement, developmental milestones, and social-emotional skills.
Digital HealthEdTech
TEAM operates a family of brands offering in-home care agency services and household employment solutions, including payroll, HR, and financial management for consumer-directed care.
Digital HealthHealthtechHR Tech
Co-investorsGeneral Atlantic
Trilon (Trilon Group) builds a family of consulting firms focused on planning, engineering, and delivering sustainable infrastructure across transportation, water, energy, environmental, and community systems, growing through talent investment, technology, and acquisitions.
CleantechClimate TechConstruction Tech
Vertex Service Partners is a home improvement services group that acquires and supports residential exterior home service brands, with a focus on roofing, providing them with marketing, training, systems, talent, finance, and procurement support.
Construction TechConsumer
Portfolio news
latest coverage across their companiesDynamo Software Β· dynamosoftware.com Β· Jul 21, 2026
TEAM Services Group Β· homehealthcarenews.com Β· Apr 9, 2026
Fund performance Β· per public LP disclosures Β· 5
as of Sep 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Alpine Investors IXLPs: Oregon Public Employees Retirement System, Los Angeles County Employees Retirement Association, South Carolina Retirement System Investment Commission | 2023 | β | β | 1.11x | 0.00x |
| Alpine IXLPs: Teachers' Retirement System of Oklahoma | 2023 | β | β | 1.10x | 0.00x |
| Alpine Investors VIIILPs: Oregon Public Employees Retirement System | 2021 | β | 16.7% | 1.50x | 0.03x |
| Alpine Investors Fund VIILPs: West Yorkshire Pension Fund | β | β | β | 2.65x | 1.78x |
| Alpine Investors Fund VIIILPs: West Yorkshire Pension Fund | β | β | β | 1.46x | 0.07x |
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 Alpine Investors made?
- Alpine Investors has 31 tracked investments.
- What stage does Alpine Investors invest at?
- Alpine Investors invests at the Growth stage.
- What is Alpine Investors's typical check size?
- Alpine Investors typically writes checks of $1M β $50M.
- What sectors does Alpine Investors focus on?
- Alpine Investors focuses on Enterprise Software, SaaS, Sector Agnostic.
- Where is Alpine Investors located?
- Alpine Investors is headquartered in San Francisco, US.
- Does Alpine Investors lead rounds?
- Alpine Investors typically participates in rounds rather than leading them.
- Who does Alpine Investors co-invest with?
- Alpine Investors most often shares deals with ABS Capital Partners, Dnx Ventures, iGlobe Partners, among 8 tracked co-investors.
Media Β· Podcasts & interviews
from their channelThe Four AI Truths That Will Define The Next Decade
Alpine Investors
Expanding the View: The Window Expert, Jeff Ludy, Unlocks the Next Stage of Growth
Alpine Investors
Restoring Balance: Midwest Restoration Builds for Whatβs Next
Alpine Investors
How PeopleFirst Powers Growth at Ascend
Alpine Investors
How Evergreen Builds Lasting Homes for Founder-Owned IT Businesses
Alpine Investors
How Applying the Principles of Lean Manufacturing Transformed Alpine
Alpine Investors
Images
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