KeyBanc Capital Markets, the corporate and investment bank of KeyCorp, has agreed to acquire Atlantic-Pacific Capital, a private capital adviser to financial sponsors, the companies said on 3 November 2026.
Why KeyBanc Capital Markets Inc. (KeyCorp) is buying Atlantic-Pacific Capital, Inc.
Key said the deal strengthens its ability to serve financial sponsors by adding fund placement, direct private placement and secondary advisory services across private equity, real estate, private credit and real assets.
“This acquisition marks a significant step forward in our ability to serve financial sponsors”
Deal terms and financing
Financial terms were not disclosed. Atlantic-Pacific, founded in 1995 by chairman James Manley, will bring more than 30 professionals to Key.
Regulatory approvals and timing
The transaction is expected to close in early 2027, subject to required regulatory approvals and customary closing conditions.
Market context
Atlantic-Pacific is headquartered in New York and has offices in Stamford, Chicago, Los Angeles, San Francisco, San Juan, London, Barcelona, Dubai and Hong Kong. It says it has completed more than 180 capital-raising assignments totalling over US$123bn.
