NEW 2ND CAPITAL
NEW 2ND CAPITAL is a Series C+, buyout and secondary fund in the US writing $10M–$500M checks into Fintech and private-equity.
- Stages
- Series C+, buyout, secondary
- Sectors
- Fintech, private-equity
- Check size
- $10M–$500M
- Invests in
- US-wide
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2016
- Assets under management
- $2.4B
Thesis
New 2ND Capital, established in 2016, is a private equity firm focused on GP-led secondary transactions in the North American middle and lower-middle markets, with a strong emphasis on the United States. Their strategy involves providing tailored solutions to meet the liquidity, capital, and strategic needs of private equity managers and investors. This includes continuation funds, fund restructurings, spin-outs, and direct secondaries. The firm's AUM is $2.4 billion as of December 31, 2024. Fund III raised over $875 million, and Fund II closed at $572 million in 2021. Typical transaction sizes range from $10 million to $500 million.
Common questions
Does NEW 2ND CAPITAL invest at the Series C+ stage?
Yes. NEW 2ND CAPITAL lists Series C+, buyout and secondary among the stages it invests in.
What check size does NEW 2ND CAPITAL write?
NEW 2ND CAPITAL writes $10M–$500M checks.
Where does NEW 2ND CAPITAL invest?
NEW 2ND CAPITAL invests in the US.