Private equity investment group Alternative Wealth Partners recently launched fundraising efforts for the AWP Diversity Fund II, aiming to raise and invest $150 million. The fund, led by founder and CEO Kelly Ann Winget, focuses on delivering double-digit returns through investments in energy, manufacturing, real estate, and infrastructure projects.
Winget, the only LGBTQ+ female millennial to run a private equity fund focused on alternatives, has a successful track record, with the inaugural fund generating annualized investment returns exceeding 30 percent. The fund’s strategy prioritizes investments in domestically-rooted businesses and properties with revenues between $1 million and $10 million, seeking to triple the initial investment.
With a keen eye on market volatility and geopolitical unrest, AWP anticipates significant acquisition opportunities in diverse industries. The fund leverages tax incentives to enhance overall returns by 10 percent to 30 percent, showcasing a strategic approach to capitalizing on growth opportunities.
Additionally, AWP plans to participate in existing portfolio investments while exploring new opportunities in energy, manufacturing, infrastructure, and growth-stage tech. The fund’s 2024 project pipeline includes investments in a kinetics company, a battery tech company, and an equipment company, each projected to yield a 500 percent return on investment.
Overall, Alternative Wealth Partners’ innovative approach to private equity investing highlights the potential for creative capital to flourish in the small to midsize business arena. The fund’s commitment to driving innovation in industries through strategic investments underscores the broader trend of fostering sustainable growth and economic development.
