GP-led secondaries specialist True expertise in middle-market GP-led secondaries is rare. With New 2ND Capital, you’ve found it.

New 2ND Capital is a leading specialist in middle-market GP-led secondaries transactions in the US.

We create flexible solutions to address the liquidity, capital, and strategic needs of a wide range of private equity managers and investors.

GP-led secondaries specialist

$2.3 Billion

Regulatory assets under management in New 2ND Capital funds (at 6/30/24)

15+ years

Average experience in GP-led secondaries by New 2ND Capital’s five partners

$10M to $500M

Size range of New 2ND Capital secondary transactions

100%

Degree of alignment that we seek with GPs through highly customized partnerships

A true specialist dedicated to unlocking opportunity in promising middle and lower-middle market portfolio companies

Deep understanding of the complex needs and goals of GPs, independent sponsors, financial institutions, family offices, and others looking to generate liquidity, realign duration, secure growth capital, or rebalance their middle-market investments

Deep experience crafting true partnerships that are advantageous for private equity general partners, their portfolio companies, and underlying investors

Solid partners

New 2ND Capital works with leading, up-and-coming, and lesser-known investment managers to create opportunities for their portfolio companies and underlying investors. We are all-in on value creation for portfolio companies, and we are enthusiastic ongoing partners for our GPs.

Our specialized experience can bring benefits for our partners well beyond the initial transaction.

Representative relationships

Riverside
Vance Street Capital
Prospect Partners
Renovus Capital Partners
Lightview Capital
Peterson Partners
Southfield
NewSpring
Vicente Capital Partners
Riverside
Vance Street Capital
Prospect Partners
Renovus Capital Partners
Lightview Capital
Peterson Partners
Southfield
NewSpring
Vicente Capital Partners

N2C Team

We bring flexibility to rigid private structures for GPs and LPs, and increase value in the process. That is our team’s deep experience and our focus. In that sense, you might say that what we provide is the “missing link” that middle-market private equity is looking for.”

Tjarko Hektor

Founder and partner, New 2ND Capital

Latest news

New 2ND Capital Raises Over $875 Million for Third GP-led Secondaries Program

New 2ND Capital Adds Escobedo and Villedas

New 2ND Capital New Offices