Windjammer Capital
Private equityNewport Beach · Growth · 9 people tracked
Also known as Windjammer Management Partners, L.P.
Investment thesis
Windjammer Capital pursues control equity investments in middle-market businesses in partnership with management. It targets companies that are leaders in attractive niche markets and exhibit several key traits: significant and defensible market positions, differentiated products and services, strong management teams, scalable business models, identifiable growth opportunities, and consistent financial performance. The firm supports both organic growth and acquisition-oriented strategies, actively seeking add-on opportunities to build value.
Source: firm website, verified Aug 6, 2026.
Team · 9 people
from the firm's websiteWhat they invest in
from 1 of 62 portfolio companiesConstruction Tech ×1
Investments · 62 tracked
founders shown can be your intro pathDesigner and manufacturer of analytical test and measurement instruments and consumables, a leader in freezing point depression osmolality testing.
Designer and manufacturer of dispensing solutions for the food service and beverage industries.
Designer and manufacturer of custom air-cooled heat exchangers serving natural gas, LNG, industrial, and carbon capture applications.
Supplier of remanufactured and new starters and alternators for the automotive and heavy-duty vehicle aftermarket.
Supplier of 400+ research-use monoclonal antibodies serving academic, government, and commercial research customers worldwide.
Tech-enabled provider of outsourced medical records retrieval and litigation support services nationally.
Supplier of mission-critical hardware components, sub-assemblies, and plumbing products to the foodservice equipment industry.
Specialty products supplier to electrical distributors, with product leadership in ground bonding pigtails, lighting whips, and temporary power.
Multichannel marketer of science-oriented educational products, content, and lab management SaaS to K-12 and Higher Education markets.
Provider of laboratory testing and data analysis to insurance companies (ITEL brand), testing damaged flooring, roofing, and siding.
Pharmaceutical marketing services firm offering advertising, continuing education, sample fulfillment, and direct-to-customer marketing.
Independent distributor of genuine OEM replacement and repair parts for commercial kitchen equipment across the US and Canada.
Provider of advanced microelectronic packages, engineered components, and interconnect solutions for defense, medical device, and industrial systems.
Global distributor of branded and consumable professional eyecare products and optical accessories across the eye healthcare supply chain.
B2B direct marketer of radio frequency, microwave, and fiber optic connectors, cables, and components.
Provider of intelligent parking systems and payment software, including meters, pay stations, enforcement, and SaaS management with data analytics.
Manufacturer of wastewater treatment equipment including the Muffin Monster sewage grinder.
Provider of engineered web process manufacturing components under the Fife, Tidland, and MagPowr brands.
Designer, manufacturer, and catalog retailer of taxidermy forms and supplies for hunting and fishing enthusiasts.
Manufacturer of custom and proprietary specialty chemicals and additives for water treatment, industrial coatings, personal care, and HI&I end markets.
Critical parts and services provider to the nuclear power industry, serving large utility plants and next-generation Small Modular Reactors.
Distributor of genuine OEM repair and maintenance parts for commercial kitchen equipment, with an e-commerce platform and field service support.
Provider of quick-turn, custom-configured power cabling solutions for data center racks, serving electrical contractors, colocation operators, and hyperscalers.
Advanced manufacturer of high-precision metal components for mission-critical applications in aerospace & defense, medical device, and satellite & space markets.
Manufacturer of customized specialty wires and cables for high-temperature and fire-protection markets.
Global provider of flow control valves and regulators for LPG, LNG, and cryogenic industrial gases.
Environmental consulting company specializing in remediation of contaminated industrial sites in petroleum, transportation, and utility industries.
North American manufacturer of private label dry shelf-stable dinners and side dishes.
Manufacturer and distributor of identification, tagging, signage, and personalization materials through the Johnson Plastics Plus and Rowmark brands.
Fund performance · per public LP disclosures · 4
as of Dec 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Windjammer Capital Fund VILPs: Minnesota State Board of Investment | 2023 | — | -18.5% | 0.75x | 0.00x |
| Windjammer Senior Equity Fund V, L.P.LPs: Minnesota State Board of Investment | 2017 | — | 14.8% | 1.57x | 0.86x |
| Windjammer Senior Equity Fund IV, L.P.LPs: Minnesota State Board of Investment | 2012 | — | 15.6% | 2.34x | 1.79x |
| Windjammer Mezzanine & Equity Fund IILPs: Minnesota State Board of Investment | 2000 | — | 9.0% | 1.56x | 1.56x |
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 stage does Windjammer Capital invest at?
- Windjammer Capital invests at the Growth stage.
- What is Windjammer Capital's typical check size?
- Windjammer Capital typically writes checks of $8M – $50M.
- What sectors does Windjammer Capital focus on?
- Windjammer Capital focuses on Sector Agnostic.
- Where is Windjammer Capital located?
- Windjammer Capital is headquartered in Newport Beach, US.
- Does Windjammer Capital lead rounds?
- Yes, Windjammer Capital leads investment rounds.