Heron View Partners Launches as New Private Equity Player Focused on Global Middle Market

Heron View Partners: A New Player in Global Private Equity

Heron View Partners (HVP) has officially made its debut as a distinct entity in the private equity landscape on December 30, 2025. Having evolved from an established investment team, HVP is set to specialize in middle market investments worldwide. This launch comes after a significant restructuring in its previous parent company, PineBridge Investments, which was recently acquired by MetLife Investment Management.

Founded a remarkable 25 years ago by Steven N. Costabile, HVP represents a continuation of the private equity practices that the team has honed over the years. Initially part of the American International Group (AIG), the team was later integrated into PineBridge Investments after AIG's asset management operations were acquired by Pacific Century Group (PCG). With the new independence, HVP looks to maintain the strong legacy of investment expertise while adapting to be more responsive to its clients’ needs.

The firm boasts a robust team of 17 seasoned professionals, bringing decades of experience in alternative investments. Their offices are strategically located in major financial hubs, including Hong Kong, London, New York, Mexico City, and Zurich. HVP is launching with a solid foundation, managing approximately $2.5 billion in assets and a diverse roster of international clients spanning the United States, Europe, Asia, and Latin America.

“We are excited to begin this new chapter as Heron View Partners,” stated Steven Costabile, who serves as the Global Head of the firm. “The continuity and consistency of our seasoned investment team, combined with a 'clean sheet of paper' to foster a corporate structure that reflects our values, is a tremendous opportunity.” The new configuration is designed to enhance a culture of accountability and transparency, while aligning interests closely with those of their investors.

Costabile leads an exceptional senior leadership team alongside managing directors Justin Pollack, Loïc Rentiers, Jason McGann, Jay Quenville, Olivier Keller, and Maria Suarez. Together, they share a collective ambition to cultivate trusted relationships within the investment space, providing institutional investors with unique access to their expertise.

HVP plans to expand upon the previous investment initiatives initiated under PineBridge's management while also exploring new opportunities focused on lower middle market investments. This includes involvement in secondary investments, funds, and co-investment strategies across various structures.

“HVP brings a perspective shaped by over three decades in global private markets,” Costabile explained. “We excel in offering specialized co-investments and fund strategies, allowing us to create investment vehicles that are challenging for larger financial advisory firms to replicate.” The commitment to innovation and quality remains a top priority as HVP embarks on this ambitious journey.

HVP's mission hinges on purpose and expertise, integrating primary and secondary investments alongside collaborative co-investments with trusted partners. This strategy embodies their dedication to fostering alignment in all undertakings while remaining flexible to market changes.

For comprehensive insights into Heron View Partners' origins, leadership, and investment methodologies, interested parties can visit their official website at heronviewpartners.com.

In conclusion, Heron View Partners' establishment represents a significant development in the private equity sector, particularly in targeting opportunities within the global middle market. With their experienced team and strategic foresight, HVP is poised to become a formidable player, underscoring their commitment to excellence in investment practices. As they navigate this new landscape, the investment community will undoubtedly keep a close eye on their growth and contributions to the sector.