ANDALUSIAN PRIVATE CAPITAL, LP

Thesis

Andalusian Private Capital, LP is a private equity firm that focuses on growth-oriented investments and special situations within the sports, media, and technology sectors. They partner with companies possessing strong management teams and scalable business models to accelerate growth through long-term strategic partnerships. The firm's investment stages range from early-stage to growth and expansion, with a specific emphasis on Series A and Series B rounds for its European operations. For its private credit arm, Andalusian Credit Partners (ACP), the focus is on middle-market companies with EBITDA between $10 million and $150 million, and revenues of $20 million or more. Transaction types include buyouts, acquisition financing, growth capital, recapitalizations, and refinancings. Equity investments range from $100 million to $500 million, with a significant focus on the sports industry. They employ a thematic investment strategy, leveraging deep sector experience in Technology, Media, and Sports, combined with creative and flexible financing solutions. Andalusian Private Capital acts as a lead investor and also engages in co-investments. As of March 30, 2026, its total regulatory Assets Under Management (AUM) were reported at $1.776 billion, with $821.6 million in discretionary AUM and $954 million in non-discretionary AUM. Other reports indicate approximately $800 million in assets under management, with over $2.8 billion in commitments across its various platforms. For its European operations, the minimum check size is $5 million, with a maximum of $25 million for Series A and B rounds. The firm operates in the United States and Europe (Spain and Portugal), with a primary focus on North America for credit offerings. Founded in 2020, the firm is an SEC-registered investment adviser.