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Private equity firms in Minnesota

Source: FundingWatcher. Data as of 4 September 2026.

45
Private equity firms in Minnesota
45
Rows shown
8
Stages recorded
2
Other types here
45 rows
# Name Location Investments Lead Exits People
1 NorthStar Capital Minneapolis, United States 146 8 70 8
2 Norwest Equity Partners (NEP) Minneapolis, United States 109 17 64 15
3 St. Paul Venture Capital Minneapolis, United States 108 28 51 0
4 Split Rock Partners Minneapolis, United States 104 26 44 4
5 Norwest Mezzanine Partners Minneapolis, United States 76 29 41 6
6 Yukon Partners Minneapolis, United States 32 5 12 10
7 Castlelake Minneapolis, United States 24 18 8 112
8 Varde Partners Minneapolis, United States 24 11 9 85
9 ShoreView Industries Minneapolis, United States 19 19 10 9
10 Black River Asset Management Hopkins, United States 18 4 12 0
11 Truehelm Bloomington, United States 17 14 7 6
12 Winslow Capital Minneapolis, United States 13 0 5 16
13 Traction Capital Spring Park, United States 11 9 1 15
14 Proterra Investment Partners Minneapolis, United States 11 8 2 37
15 Piper Jaffray Merchant Banking Minneapolis, United States 10 8 7 0
16 Three Bridges Private Capital Minneapolis, United States 10 3 0 1
17 LFE Capital Wayzata, United States 9 8 5 6
18 Tonka Bay Equity Partners Minnetonka, United States 7 5 3 9
19 Carlson Private Capital Partners Minnetonka, United States 6 2 3 6
20 Old Willow Partners Northfield, United States 5 5 1 2
21 North Sky Capital Wayzata, United States 5 1 3 8
22 NorthPort Investments Northfield, United States 4 0 4 0
23 The Rahn Group Minneapolis, United States 4 0 2 0
24 New Impact Fund Minneapolis, United States 3 3 0 0
25 MPowered Capital Minneapolis, United States 2 2 0 0
26 Cherry Tree Investments Minnetonka, United States 2 1 1 0
27 Northern Pacific Group Wayzata, United States 2 1 2 0
28 Hunter Street Minneapolis, United States 2 0 1 0
29 InvestAmerican Investment Advisors Minneapolis, United States 2 0 2 0
30 Spell Capital Partners Minneapolis, United States 2 0 0 0
31 AEI Capital Saint Paul, United States 1 0 0 0
32 Healy Capital Partners Minneapolis, United States 1 0 0 0
33 Iteration Capital Minneapolis, United States 1 0 0 0
34 NorthCoast Mezzanine Minneapolis, United States 1 0 0 0
35 Olympus Ventures Minneapolis, United States 1 0 0 0
36 Powerplay Capital Management Minneapolis, United States 1 0 1 0
37 The Stable, Part of Accenture Song Minneapolis, United States 1 0 0 0
38 AllinFund Virginia, United States 0 0 0 0
39 Alphanumeric Capital Maple Grove, United States 0 0 0 0
40 Brimacomb + Capital Saint Louis Park, United States 0 0 0 0
41 Goldner Hawn Johnson & Morrison Minneapolis, United States 0 0 0 0
42 Hafermann & Co. Minneapolis, United States 0 0 0 0
43 Marrin Investment Partners Minneapolis, United States 0 0 0 0
44 Pathfinder Companies Minnetonka, United States 0 0 0 0
45 WGC Enterprises Northfield, United States 0 0 0 0

Table 1. Private equity firms in Minnesota, by recorded investments. Source: FundingWatcher. Data as of 4 September 2026. Base: 45.

Investment stages

Among these 45
Private equity investors32 Early stage investors17 Venture investors11 Debt investors9 Late stage investors8 Seed investors6 Post IPO investors2 Grant makers2

Other investors in Minnesota

Venture capital firms75 Angel investors41

Private equity firms elsewhere

New York967 California771 England544 Texas351 Beijing264 Illinois255 Florida225 Ile-de-France213 Massachusetts207 Shanghai202 Central Region173 Ontario165 Connecticut158 Hong Kong Island158 Seoul-t'ukpyolsi143 Guangdong134 Maharashtra114 Pennsylvania101 Colorado89 New South Wales83 NA - South Africa81 Noord-Holland81 Bayern80 Georgia80
Cite: FundingWatcher, 45 private equity firms in Minnesota, 4 September 2026. https://fundingwatcher.com/investors/private-equity-firms/minnesota-united-states/