Aquiline Capital Partners

What Aquiline Capital Partners does

Aquiline Capital Partners is a private investment firm founded in 2005 and headquartered in New York, with additional offices in London and Philadelphia. The firm is exclusively focused on financial services and financial technology, operating three complementary strategies: Private Equity (equity investments of $50-350 million in businesses with $75 million to $2.5 billion enterprise value, taking majority or minority positions), Venture and Growth (equity investments of $3-30 million in companies with $1 million or more of annual recurring revenue), and Credit (ARR loans, senior and junior debt, and preferred or structured equity). As of March 2026 the firm managed approximately $11 billion in assets under management and had deployed roughly $8.4 billion of capital across its strategies since inception.

The firm invests across insurance distribution and risk, insurance technology, wealth and investment technology, legal technology, healthcare technology and services, and specialty financial services. Its portfolio spans software platforms (Quicken, SurePoint, Confido, Atomic Insights, Circit, Fenergo), insurance distribution and MGAs (Relation Insurance, Ripe Thinking, Clearwater Underwriting, Quintes, Simply Business), advisory and asset management (SageView, Isio, Conning historical, Carpe Data), payments and billing (OSG, Togetherwork), and specialty financial services (CoAdvantage, Engs Commercial Finance, LenderLive, AssetMark historical, Ascensus joint). Strategic and financial exits include sales to FIS (Clear2Pay, €375M), Cathay Financial (Conning, up to $240M), Brown & Brown (Wright Insurance, $602.5M; Quintes), Huatai Securities (AssetMark), Creative Planning (SageView), and BayPine (Relation Insurance Services). Aquiline has raised over $6.5 billion historically and $3.4 billion in 2024 across its funds, with recent venture investments concentrated on AI-enabled platforms in insurance distribution, audit, dental RCM, wealth operations, and legal payments. The firm is led by Managing Partners Vincenzo La Ruffa and Igno van Waesberghe, Chief Executive Jeff Greenberg, and CFO Stewart Koenigsberg, with four new partners elected in June 2025.

Name

Aquiline Capital Partners

Legal name

Aquiline Capital Partners LP

Website

https://aquiline.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

51–100 employees

Short description

Aquiline Capital Partners is a private investment firm founded in 2005 that invests exclusively in financial services and technology businesses through private equity, venture/growth, and credit strategies, managing approximately $11 billion in AUM with offices in New York, London, and Philadelphia.

Ownership category

akta.pro rank

Product category

Private Equity and Investment Management

NAICS

Portfolio Management and Investment Advice (523940), Other Financial Investment Activities (5239)

SIC

Investment Advice (6282)

akta.pro primary industry

Corporate Strategic Real Assets & Infrastructure Venture Investing (FSANAHAN)

akta.pro secondary industry

Venture Debt Providers (FSANAAAL)

Keywords

• Private equity investing
• Venture capital investing
• Credit financing solutions
• Financial services investments
• Insurance technology investing

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Private Equity Investment Management: Aquiline generates returns through private equity investments in financial services and technology companies, taking majority or minority stakes with equity investments of $50-350 million.
2. Venture Capital Investments: Aquiline invests $3-30 million in businesses with $1 million+ annual recurring revenue, taking minority positions in early and growth-stage companies.
3. Credit Solutions: Aquiline provides strategic capital including ARR loans, senior and junior debt financing, and preferred or structured equity to finance growth and unlock revenue opportunities.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Aquiline Capital Partners is a private investment firm specializing in financial services and technology, operating three core strategies: Private Equity (investments of $50-350 million in businesses with $75 million to $2.5 billion enterprise value), Venture (minority investments of $3-30 million in companies with $1M+ annual recurring revenue), and Credit (strategic capital including ARR loans, senior and junior debt financing, and preferred or structured equity). The firm takes majority or minority positions and partners with management teams to fuel growth across insurance, healthcare, legal, and financial technology sectors.

Product overview

Aquiline Capital Partners is a private investment firm (founded 2005) offering three core investment strategies: Private Equity (businesses with $75M-$2.5B enterprise value, $50-$350M equity), Venture (businesses with $1M+ ARR, $3-$30M equity), and Credit (strategic capital including ARR loans, senior/junior debt, preferred equity). The portfolio includes diverse financial services and technology companies such as Quicken (personal finance software with Simplifi, Business & Personal, Classic, LifeHub, and Family Enterprise products), Atomic Insights (money-movement automation for wealth managers with custodian API integrations), Confido (embedded payments for law firms), EnrollHere (AI-powered Medicare Advantage distribution), Circit (audit verification with AI workflows), Wisdom (dental RCM), Relation Insurance (large independent broker), Avel eCare (telemedicine), SurePoint (law firm practice management), and various other financial services and insurance technology platforms across the wealth management, insurance, legal tech, and healthcare sectors.

Differentiator

Problem solved

Functional benefit

Brands

• Aquiline Technology Growth (ATG): Early and growth-stage technology investment strategy focused on insurance and financial services innovation
• Aquiline Financial Services Fund III L.P.
• Aquiline Technology Growth Fund

Products and services

• Private Equity Private equity investment strategy targeting middle-market financial services businesses with $75 million to $2.5 billion enterprise value, deploying $50-350 million of equity for majority or minority positions
• Venture Venture and growth-stage investment strategy targeting technology companies bringing innovation to insurance and financial services, deploying $3-30 million of equity in minority positions for businesses with $1 million or more of annual recurring revenue
• Credit

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability6 records

Scale indicators7 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Lightyear Capital: Lightyear Capital is a New York-based PE firm focused on financial services, investing in middle-market companies in insurance, asset management, wealth management, and financial technology, directly comparable to Aquiline's strategy and target company profile.
• Stone Point Capital: Stone Point is a private equity firm exclusively focused on financial services. Like Aquiline, it invests across insurance, wealth management, asset management, and financial technology with comparable check sizes and an operationally focused approach to building portfolio companies.
• Genstar Capital: Genstar Capital is a PE firm that has partnered with Aquiline on multiple deals (Ascensus, AssetMark, Genworth Wealth Management). It operates a software/financial services focus with comparable mid-market check sizes.
• Centerbridge Partners: Centerbridge is a PE firm with a strong financial services practice including insurance, asset management, and specialty finance, operating with comparable mid-market focus and turnaround/value-oriented approach to FS investing.
• Corsair Capital: Corsair Capital is a financial services-focused PE firm investing in insurance, banking, and asset management businesses globally. It is closely comparable in mandate, geography, and deal size to Aquiline's core PE strategy.
• Hg Capital: Hg is a UK-based PE and growth investor focused on software and tech-enabled services in financial services and other verticals. Comparable to Aquiline's venture/growth strategy and UK/European footprint, particularly in insurance and wealth technology.
• Insight Partners: Insight Partners has co-invested with Aquiline (e.g., Fenergo) and operates a comparable growth equity strategy in financial technology and enterprise software. Its scale and sector overlap make it a direct comparable for Aquiline's ATG venture arm.

Broad incumbents

• Thoma Bravo: Thoma Bravo is a large PE firm focused on software and technology, with growing exposure to insurance and financial technology. Comparable as a larger incumbent in tech-enabled financial services investing.
• Warburg Pincus: Warburg Pincus is a large, diversified PE firm with a meaningful financial services practice. It overlaps with Aquiline in wealth, insurance, and fintech investing but operates across many other sectors at greater scale.
• TPG Capital: TPG operates across diversified sectors with a meaningful financial services and technology practice. Comparable as a broader incumbent with overlapping investment themes and check sizes, particularly in fintech.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries29 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A33 records

Investments69 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aquiline Capital Partners