Deeply Experienced & Complementary Team

New 2ND Capital has built a Senior Investment Team that brings together deep and complementary experience in secondary investing, direct private equity investing and general partner underwriting—all of which we believe are essential to successfully executing Special Situations Secondary Transactions.

Jordan Bradley


Mr. Bradley is a Partner of New 2ND Capital. Prior to joining New 2ND Capital, he spent ten years at AlpInvest Partners focused on Manager underwriting and primary fund investments in the Americas. Mr. Bradley has extensive experience in Manager evaluation in the North American middle-market and has sat on over 35 advisory boards during his career. Prior to AlpInvest Partners, Mr. Bradley was an Associate Director at UBS Investment Bank in the private funds group where he focused on raising middle-market private equity funds. Mr. Bradley began his career at Goldman Sachs and received a BS in Commerce from the McIntire School of Commerce at the University of Virginia.

Colin Cahill


Mr. Cahill is an Associate at New 2ND Capital. Prior to joining New 2ND Capital, he spent two years at Axios Holdings as a Private Equity Analyst focusing on the business services and healthcare sectors. Mr. Cahill received a BA in Political Science and Government from Trinity College.

Clay Cole


Mr. Cole is a Partner at New 2ND Capital. Prior to joining New 2ND Capital, he spent three years at AlpInvest Partners on the secondary team where he worked with Mr. Hektor. At AlpInvest Partners, Mr. Cole diligenced and helped execute a variety of transactions including spin outs, restructurings, secondary directs and traditional LP purchases. He began his career at UBS Investment Bank. Mr. Cole received a BS in Commerce from the McIntire School of Commerce at the University of Virginia and an MBA from Columbia Business School.

Tjarko Hektor


Mr. Hektor is the founder and a Partner of New 2ND Capital and is responsible for firm management. Prior to New 2ND Capital, Mr. Hektor spent eighteen years at AlpInvest Partners (and its predecessors) where he founded, built and led the firm’s secondary program, starting with a single employee and ending his tenure with approximately 25 investment professionals and over $8.5bn of capital invested. Throughout his tenure at AlpInvest Partners, Mr. Hektor has served in many roles, including Member of the Operating Committee, Observer on the Board and Chairman of the Global Investment Committee where he oversaw investments made by the secondary, primary funds and co-investment groups. Prior to AlpInvest Partners, Mr. Hektor was a direct private equity investor at Parnib after starting his career at De Nationale Investeringsbank. Mr. Hektor has a Dutch Law Degree and a MSc in Business Economics from Erasmus University Rotterdam.

Robert Luttrell

Senior Associate

Mr. Luttrell is a Senior Associate at New 2ND Capital. Prior to joining New 2ND Capital, he spent two years at CCMP Capital Advisors as a Private Equity Analyst focusing on the consumer and industrials sectors. Mr. Luttrell received a BBA in Finance and a BA in Economics from the University of Notre Dame.

Kate Merli


Ms. Merli is Controller at New 2ND Capital. Prior to joining New 2ND Capital, she served as CFO, CCO and Head of Investor Relations at Snow Park Capital Partners. Ms. Merli previously served as Controller at Atlas Venture. Prior to joining Atlas Venture, she was the accounting manager at Raptor Capital Management. Ms. Merli started her career at KPMG and received a BS and MS in Accountancy from Bentley University.

Kevin Nowaskey

Vice President

Mr. Nowaskey is a Vice President at New 2ND Capital, joining the firm with seven years of experience in secondaries and direct investing. Prior to joining New 2ND Capital, Mr. Nowaskey was a Vice President at HQ Capital, where he led deal teams on transactions including LP portfolios, direct secondaries and fund restructurings. Prior to HQ Capital, Mr. Nowaskey spent four years at Partners Group in New York, where he analyzed secondary transactions in the Americas totaling $2.6bn of capital invested. Mr. Nowaskey started his career at Antares Capital in Chicago, where he held roles on the Sponsor Finance and Special Situations investment teams. He graduated magna cum laude with highest honors from Union College, and holds a BA in both Economics and Political Science.

Dan Stencel


Mr. Stencel is the Chief Financial and Operating Officer of New 2ND Capital. Prior to joining New 2ND Capital, he spent 14 years at Pegasus Capital Advisors as its Chief Financial Officer. At Pegasus, Mr. Stencel was responsible for all financial and tax reporting, operations, deal structuring and also served as a board member for several portfolio companies. Prior to Pegasus, he was a Senior Accounting Manager at State Street Fund Administrators. Prior to State Street, he was a Vice President in the fund-of-funds group at Merrill Lynch. Prior to Merrill Lynch, he spent six years as the Controller of Veronis Suhler Stevenson. Mr. Stencel received a BA in Accounting from William Paterson University.

Dan Townsend


Mr. Townsend is a Partner of New 2ND Capital. Before joining the Firm, he spent nine years at Top Tier Capital Partners and its predecessor firm. He was a founding partner at Top Tier and helped lead the firm’s spin-out from Paul Capital. At Top Tier, Mr. Townsend headed the firm’s secondary and co-investment programs where he developed and marketed an innovative secondary strategy focused on early stage investments. Prior to Top Tier, Mr. Townsend invested private capital at GE Asset Management for the company’s U.S. pension fund and external institutional clients. Previously, Mr. Townsend spent eight years gaining managerial and operational experience at several divisional GE businesses. Mr. Townsend received a BS in Mechanical Engineering from Clemson University and an MBA from Columbia Business School.