A-Squared Capital Management is a New York-based private equity firm investing long term in entrepreneurship-led companies, searchers, management teams and emerging managers. It backs operating businesses with patient capital, expertise and support, targeting companies with durable operating performance, stable management, at least five years of history, double-digit net operating margins and predictable cash flows. Relevant sectors include B2B, information technology, cybersecurity, security and SME businesses, and the firm also invests in VC funds.