KeyBanc Capital Markets, the corporate and investment banking unit of KeyCorp, has announced that it has entered into a definitive agreement to acquire Atlantic-Pacific Capital, a private capital adviser for financial sponsors.
Headquartered in New York, Atlantic-Pacific Capital maintains a global presence, delivering an integrated suite of fund placement, direct private placement and secondary advisory capabilities across private equity, real estate, private credit and real assets. Founded in 1995 by chairman James Manley, the firm will bring more than 30 professionals to KeyBanc Capital Markets with deep distribution reach and advisory expertise across the global financial sponsor and limited partner community.
Atlantic-Pacific’s fully integrated fund placement and capital solutions team will enhance KeyCorp’s ability to deliver its broad solution set to financial sponsors, while offering KeyBanc Capital Markets expanded advisory and capital-raising capabilities.