Arizona Commerce Authority (ACA) is an economic development agency based in Phoenix, Arizona. Established in 1985, the mission of the organization is to grow and strengthen Arizona's economy. It focuses on advancing the state's economy through the recruitment of quality companies and jobs for the state of Arizona as well as the expansion of companies already doing business in the state. The ACA is overseen by a public-private sector board composed of Arizona leaders in business and policy. The agency is managed by the board of directors.Arizona Commerce Authority's investment portfolio is valued at over $101.25 million, with investments in private equity and cash.