UPWELLING CAPITAL GROUP LLC

Thesis

They offer liquidity solutions across private equity, private debt, venture capital, and real assets, including LP portfolio sales, GP-led continuation vehicles, fund secondaries, and direct investments. While not stage-specific, their secondary focus implies a preference for assets beyond initial development. Their strategy covers buyouts, growth equity, venture capital, and private credit, primarily targeting middle-market companies in North America. The firm's principals have significant experience, having overseen over $50 billion in global private equity commitments and managed over $5 billion in legacy commitments and workouts. They have managed various funds, including Upwelling Equity Investors I, I-B, and II, and GP replacement funds. Specific AUM figures are not public, but the principals' collective management experience is substantial. The firm has a bicoastal presence with offices in Sacramento, California, and New York, New York. They also completed a private credit secondary sale of Brightwood Capital Advisors' assets.