NEW YORK, April 1, 2019-— After launching on January 2, 2019, American Industrial Partners (“AIP”), a middle market private equity firm, has held a first and final close on its seventh fund, American Industrial Partners Capital Fund VII, LP (“Fund VII”). Fund VII closed at its hard cap with $3 billion in LP commitments and was oversubscribed. For nearly 30 years, AIP has executed its strategy of investing in North America-headquartered industrial companies, using the firm’s deep operational and engineering capabilities to transform acquired companies.