Fundraising Fox
New 2nd Capital
Private equityNew York · 7 people tracked
Find your way into New 2nd Capital
Sign up to see every warm intro you have to New 2nd Capital
- Paths you didn't know you had: your email and LinkedIn already hold routes to the New 2nd Capital team. We find them for you
- 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
- Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone
Days of research, done the moment you sign in, with every route ranked by how warm it is.
Investment thesis
New 2ND Capital focuses on middle-market and lower-middle-market GP-led secondaries in the US. It creates customized partnership structures to address the liquidity, capital, and strategic needs of private equity general partners, independent sponsors, financial institutions, family offices, and other investors. The firm helps managers generate liquidity, realign investment duration, secure growth capital, or rebalance their middle-market portfolios, while emphasizing value creation for underlying portfolio companies. It seeks strong alignment with GPs through highly customized partnerships and positions itself as an ongoing partner beyond the initial transaction, working with leading, up-and-coming, and lesser-known investment managers across a range of situations.
Source: firm website, verified Sep 29, 2026.
Team · 7 people
from public directories
Fund performance · per public LP disclosures · 3
as of Jun 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| New 2ND Capital Fund IIILPs: New York City Employees' Retirement System, New York City Police Pension Fund, Teachers' Retirement System of the City of New York +1 more | 2023 | — | 15.6% | 1.20x | 0.06x |
| New 2ND Capital N SidecarLPs: New York City Employees' Retirement System, New York City Police Pension Fund, Teachers' Retirement System of the City of New York | 2023 | — | 14.5% | 1.20x | 0.07x |
| NEW 2ND CAPITAL FD III CO INVLPs: New York City Board of Education Retirement System | — | — | — | 1.19x | — |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- What is New 2nd Capital's typical check size?
- New 2nd Capital typically writes checks of $10M – $500M.
- What sectors does New 2nd Capital focus on?
- New 2nd Capital focuses on Sector Agnostic.
- Where is New 2nd Capital located?
- New 2nd Capital is headquartered in New York, US.
Similar investors
3TS Capital Partners is a European technology-focused growth investment adviser whose advised funds provide growth capital, typically leading or co-leading substantial funding rounds for innovative tech companies primarily in the DACH, CEE and Nordic regions.
4DI Ventures was co-founded by repeat tech operator and ESET Southern Africa founder Justin Stanford, giving it unusually deep cybersecurity and software operating experience rather than a purely financial background, and originated from Stanford's own angel-investing experiments that directly led to both the firm's creation and the launch of the Silicon Cape Initiative. The firm explicitly describes its style as "nurture capital" with intensive, hands-on engagement, and Stanford is vocal about avoiding the "unicorn at all costs" mentality in African tech, instead emphasizing sustainable market readiness and fundamentals in a more conservative, durability-focused investment approach.
83North is a global venture capital firm that invests in and helps entrepreneurs build large, category-defining companies, backing startups across multiple stages and sectors.
8VC is a venture capital firm investing across logistics, life sciences, healthcare, IT infrastructure, and government/defense, guided by its Smart Enterprise thesis focused on data integration and platform network effects.
Accel is a venture capital firm that partners with exceptional teams, positioning itself as a first partner to founders globally.