Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Luisa Beltran

Private equity fund Capitol Meridian started in 2021 to bet on defense. Suddenly it’s the hottest sector around

(Credit: Courtesy of Capitol Meridian Partners)

Adam Palmer remembers the days in March 2021 when he and Brooke Coburn would interview potential investors from his home just outside Washington D.C. They had just done the unthinkable. Palmer and Coburn had left the security and success of Carlyle Group to launch their own private equity firm right in the middle of Covid-19, when employees for most companies were still working from home.  

“No one was in the office. The world was shut down,” Palmer said.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.