Altamont Capital Partners
About Altamont Capital Partners
Altamont Capital Partners is a private equity firm established in 2010, managing over $4 billion in capital. Based in Palo Alto, California, with additional offices in San Francisco and Austin, the firm specializes in long-term control investments in middle-market and lower-middle-market businesses. Altamont partners with management teams to enhance companies into scalable and resilient platforms, leveraging significant resources for business development and value creation.
The firm focuses on private equity investment and portfolio management for pooled investment vehicles, acting as both a
Altamont was formed in 2010 by Jesse Rogers, Randall Eason and Keoni Schwartz, who came from private equity backgrounds. Rogers co-founded Golden Gate Capital, and Eason and Schwartz previously worked at Golden Gate Capital and Bain & Company. The firm's first fund closed in January 2011 with $500 million, of which about 10% came from the general partner and its affiliates. Rogers is co-founder and chairman. Eason and Schwartz are co-founders and managing partners, with Eason leading industrials deals and Schwartz leading financial and business services deals. The firm says its founders have worked together for over 25 years and its managing directors average more than 13 years at the firm. A GrowthCap profile says the firm is investing from its fourth fund. The size of that fund is not public.
Altamont's own materials do not describe an AI strategy, an AI team or an AI fund. The firm describes its focus as Industrials, Business Services and Financial Services, and its model centers on partnering with management teams at companies going through an operational or strategic transition. One directory lists AI and Big Data among sectors the firm seeks, but the firm does not confirm this, and the listing is not backed by any named AI deal. No AI-specific investment with a year could be verified, so none is listed here. Founders considering a pitch should ask the firm directly whether AI companies fall within its mandate.
The firm's public materials do not state a stage or check size. Third-party directories conflict. One lists pre-seed through Series C+ investments with tickets of $10 million to $50 million. Another lists pre-seed, seed and Series A checks of $100,000 to $250,000. Directory data also records Altamont in a $4.0 million seed round in Mulberri in July 2022 and a $7.0 million Series A in December 2023, although those sources do not describe Mulberri's sector. Founders should confirm stage and check size with the firm before pitching.
No portfolio company could be confirmed as an AI company, so this list is left out.
- altamontcapital.com
- altamontcapital.com/about
- altamontcapital.com/news
- prnewswire.com/news-releases/altamont-capital-partners-closes-first-fu
- growthcapadvisory.com/firms/altamont-capital-partners
- angelspartners.com/firm/altamont-capital-partners
- startupintros.com/orgs/altamont-capital-partners
- privateequitylist.com/investors/altamont-capital-partners
Investing activity
Altamont Capital Partners is listed on Lounge as a venture capital investor based in Palo Alto. The deals desk records Series A and later AI rounds and seeds over $10M, so smaller checks may not show here yet.
Deals
Frequently asked questions about Altamont Capital Partners
Does Altamont Capital Partners invest in AI startups?
No public source found describes an AI investment strategy or names an AI investment by the firm. Its stated focus is Industrials, Business Services and Financial Services, so founders should ask the firm directly before pitching.
What stages does Altamont Capital Partners invest in?
The firm does not publish a stage or check size on its own site. Third-party directories conflict, with some listing pre-seed through Series C+ and others listing early-stage checks of $100,000 to $250,000.
Who founded Altamont Capital Partners?
Jesse Rogers, Randall Eason and Keoni Schwartz formed the firm in 2010. Its first fund closed at $500 million in January 2011.
What is the Altamont Capital Partners portfolio?
The firm reports more than 50 platform investments and 29 platform realizations as of December 31, 2025. Named holdings include Accelerant, which completed an IPO in July 2025, and Mini Melts USA, a January 2024 investment.
Who leads investing at Altamont Capital Partners?
Randall Eason leads industrials transactions and Keoni Schwartz leads financial and business services transactions, according to the firm's profile materials. No partner is publicly named as leading AI investing.
Where is Altamont Capital Partners based?
Altamont Capital Partners is based in Palo Alto.
How can founders reach Altamont Capital Partners?
Founders on Lounge can see Altamont Capital Partners's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Altamont Capital Partners to their Investor Pipeline to track the conversation.