Middle Market Investing Using Secondary Tactics

New 2ND Capital invests in quality middle market companies managed by capable private equity general partners.  We gain access to these companies by structuring customized secondary transactions that seek to address special situations that general partners and their underlying investors may face. Our goal is to find a “win-win-win” solution for the underlying investor(s), the general partner and New 2ND Capital.

Middle Market Buyout & Growth

New 2ND Capital focuses on investing in North American middle market companies, which represent a deep and attractive universe of opportunities.

  • $10 million to $150 million transactions
  • Enterprise values of up to $250 million
  • Buy-outs, growth capital and infrastructure
  • All industries

Capable Managers

New 2ND Capital believes that performance in private equity is driven principally by people.  Therefore, we focus on partnering with general partners that are capable of delivering on the strategies and value creation plans for their underlying companies.

Special Situations

Special situations that general partners and their underlying investor(s) may face create the opportunity for New 2ND Capital to invest in attractive companies. New 2ND Capital believes that Special Situations Secondary Transactions require specialized skills and experience that are not commonly available in the North American middle-market, especially for smaller transactions.

Examples of Special Situations Secondary Transactions include:

  • Spinouts
  • Secondary directs
  • Acquisitions of cornerstone positions
  • Fund restructurings
  • Acquisitions of co-investment portfolios