About This Fund
Achieve Partners Workforce Fund I is a lower middle market private equity buyout fund managed by Achieve Partners Management, LLC, a New York-based impact-oriented investment firm co-founded by Managing Directors Ryan Craig, Daniel Pianko, Aanand Radia, and Troy Williams. The fund held its final close on June 29, 2021, raising $180 million in committed capital from institutional and impact-focused limited partners. Achieve Partners' investment thesis centers on what the firm terms apprenticeship-led growth — acquiring controlling stakes in technology and healthcare services businesses that face acute talent shortages, then designing and embedding proprietary earn-and-learn apprenticeship programs within each portfolio company to simultaneously fuel revenue growth and create structured pathways to well-paying careers for workers who might otherwise be excluded from high-demand occupations.
The fund's investment mandate focuses on lower middle market businesses in the United States operating in technology services, healthcare services, and education technology sectors, typically targeting companies with $20 million to $200 million in revenue where talent is both the primary input and the principal bottleneck to scale. After acquiring a platform, Achieve Partners works with management to design and launch next-generation apprenticeship programs — often in partnership with community colleges, universities, and workforce agencies — that train workers on the job and channel them directly into roles that traditionally required expensive credentialed pathways. The model is grounded in U.S. Department of Labor data indicating a 144 percent average return on investment for employers who run registered apprenticeship programs. Anchoring limited partners in Workforce Fund I include Prudential Financial's Impact and Responsible Investing group and ZOMA Capital.
Achieve Partners Workforce Fund I has delivered exceptional realized and unrealized performance. The fund ranked in the top quartile of the Cambridge Associates U.S. Buyouts benchmark across net DPI, TVPI, and IRR metrics as of September 30, 2025, and in the top 5 percent of the benchmark for DPI. The fund's flagship realized exit was the sale of Optimum Healthcare IT to Infosys in 2025 at an enterprise value of approximately $465 million. Additional portfolio companies included Cloud for Good (exited to Tailwind Capital), SkillStorm, ROHealth, Metmox, and Freedom Learning Group. The fund's track record provided the foundation for Achieve Partners raising its successor vehicle, Achieve Partners Workforce Fund II, which closed at $450 million in April 2026.