AlpInvest Partners (Alplnvest) is a fund of funds based in Amsterdam, Netherlands. Established in 1999, it is one of the largest private equity investment managers in the world and invests only in private equity. The firm makes fund investments across the spectrum of the private equity market, large and middle-market buyouts, growth capital, venture capital, as well as mezzanine and distressed debt. The assets of the firm are managed by the executive management team.