- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Alliancebernstein Lp New York NY United States of America 10105
- IPO Date
- Apr 15, 2015
- Business
- AB Cap Fund, Inc. (AB Cap Fund) is an open-end management investment company registered under the Investment Company Act of 1940 as a Maryland corporation that issues shares and manages a series of mutual funds focused on equity strategies. AB Concentrated International Growth Portfolio (ticker: CIGYX), its flagship international equity fund launched on April 15, 2015, pursues long-term capital appreciation by investing primarily in a concentrated portfolio of approximately 30 high-quality, non-U.S. large- and mid-cap growth stocks exhibiting consistent revenue growth, stable earnings, strong management teams, durable competitive advantages, and compelling valuations; the portfolio emphasizes companies in at least three countries outside the United States, employs a bottom-up research-driven approach, and may use derivatives such as options, futures, forwards, and swaps for income, hedging, risk adjustment, or exposure to inaccessible markets. The fund targets foreign large growth opportunities with high active share relative to benchmarks, serving institutional, high-net-worth, and retail investors through AllianceBernstein L.P. (AB), the investment adviser, and operates within AB's broader offerings of diversified equity, fixed income, alternatives, and multi-asset strategies.
Headquartered in the United States and advised by Nashville, Tennessee-based AB (founded through mergers tracing to 1967-1971 with roots in New York City), AB Cap Fund benefits from AB's global operations across multiple countries and approximately $829 billion in assets under management as of mid-2025. Geographically, CIGYX focuses on developed and emerging non-U.S. markets, providing exposure to international equities beyond the United States.
In recent developments, AB filed a Form 485APOS on November 10, 2025, potentially signaling updates to fund prospectuses or offerings amid ongoing portfolio management; additionally, AB strengthened its alternatives platform through the final close of Bernstein Impact Alternatives II in February 2025 with partner Impact Engine, launched a U.S. equity ETF (XCHG) on the NYSE in December 2025, and reported robust assets under management growth to over $800 billion by October 2025, reflecting strategic expansions in ETFs, impact investing, and private markets. These initiatives underscore AB Cap Fund's alignment with AB's diversification strategy while maintaining focus on high-conviction international growth equities.