Overview
Aquiline, a Delaware limited partnership, and its affiliates provide investment advisory services to several
collective investment vehicles organized to invest: (i) in the global financial services sector (Aquiline
Financial Services Fund L.P. and Aquiline Financial Services Fund (Offshore) L.P. (together, “Fund I”);
Aquiline Financial Services Fund II L.P. (“Fund II”); Aquiline Financial Services Fund III L.P. (“Fund III”);
Aquiline Financial Services Fund IV L.P. (“Fund IV”); and Aquiline Financial Services Fund V L.P.
(“Fund V” and together with Fund I, Fund II, Fund III and Fund IV, the “Financial Services Funds”)); (ii) in
the early stage growth financial technology sector (Aquiline Technology Growth Fund L.P. (“ATG I”) and
Aquiline Technology Growth Fund II L.P. (“ATG II” and together with ATG I, the “Technology Growth
Funds”)); and (iii) in the credit sector (Aquiline Credit Opportunities Fund L.P. (“ACO I”), Aquiline Credit
Opportunities Fund II L.P. (“ACO II”), Aquiline Aviation Opportunities Fund L.P. (“AAO”) and Aquiline Liquid
Credit Fund (“ALCF” and together with ACO I, ACO II, and AAO, the “Credit Funds”). Aquiline also
manages investment vehicles that facilitate co-investment (“Co-Investment Vehicles”) in one or more
portfolio companies of the foregoing funds (each such fund or Co-Investment Vehicle are collectively
referred to herein as a “Fund” or “Aquiline Fund” and the “Funds”). In providing services to each Fund,
Aquiline formulates such Fund’s investment objectives, directs and manages the investment and
reinvestment of each Fund’s assets, and provides reports to investors. Investment advice is provided
directly to each Fund and not individually to the investors of each Fund. Aquiline manages the assets of
each Fund in accordance with the terms of the governing documents applicable to each Fund.
The Funds currently
consist of closed-end private investment fund structures and a single open-end private
investment fund structure (ALCF). References in this brochure to the “General Partner” mean each
applicable general partner of a closed-end Fund or, as the context requires, the Aquiline related person
acting as investment manager of the open-end Fund.
Interests in the Funds are not registered under the U.S. Securities Act of 1933, as amended, and the Funds
are not registered under the U.S. Investment Company Act of 1940, as amended. Accordingly, interests in
the Funds are offered and sold exclusively to investors satisfying the applicable eligibility requirements,
either in private transactions within the United States or in offshore transactions.
Aquiline was founded in 2005 by Jeffrey W. Greenberg as Aquiline Holdings LLC, a Delaware limited liability
company (the “Predecessor Firm”). In October 2023, the Predecessor Firm converted into a limited
partnership and changed its legal name to Aquiline Management Holdings LP. At the same time, Aquiline
and its affiliates underwent a change of management and control to implement an orderly succession of
the business from its founder, Mr. Greenberg, to the Firm’s new controlling partners, Vincenzo La Ruffa
and Ignace van Waesberghe. Mr. La Ruffa and Mr. van Waesberghe control Aquiline through its General
Partner, Avenir Holdings, LLC, and each serves as Managing Partner of Aquiline. Mr. Greenberg serves as
non-executive Chairman of Aquiline and as a member of the Firm’s Investment Committees. Aquiline is
owned by Jeffrey W. Greenberg, Ignace van Waesberghe, Vincenzo La Ruffa, other Aquiline professionals,
and related entities.
As of December 31, 2023, Aquiline managed approximately $9.828 billion in assets on a discretionary
basis. Aquiline does not manage any assets on a non-discretionary basis.