AltMountain

New State Capital Partners

New Rochelle, NY · CRD 170409
Private equity manager

New State Capital Partners is an SEC-registered investment adviser based in New Rochelle, NY that reports managing 19 private funds on Form ADV, including 19 private equity funds. It reports $2.0 billion in regulatory assets under management. Its private funds hold $987.9 million in gross assets.

Regulatory assets under management
$2.0 billionForm ADV Item 5.F
Gross assets of private funds
$987.9 millionAll private fund types, Form ADV
Private funds managed
19PE 19 · VC 0 · hedge 0
Employees
35Form ADV Item 5.A
Registration
SEC-registered adviserCRD 170409
Latest Form ADV
03/31/2026Disciplinary disclosures: none reported

Private equity funds filing Form D (3)

Fund
First sale
Raised
Investors
Minimum
Offering
New State Capital Partners Fund IV-B, LP
New Rochelle, NY
First sale—
Raised$0
Investors0
MinimumNone set
Offering506(b)
New State Capital Partners Fund IV-A, LP
New Rochelle, NY
First sale—
Raised$0
Investors0
MinimumNone set
Offering506(b)
New State Capital Partners Fund IV, LP
New Rochelle, NY
First sale—
Raised$0
Investors0
MinimumNone set
Offering506(b)

Matched to this firm by the fund names and related persons in each Form D. The list may be incomplete.

Private funds reported on Form ADV (9)

Fund
Gross assets
Minimum
Owners
Adviser
New State Capital Partners Fund, LP
Delaware, United StatesPrivate equity fund
Gross assets$230M
Minimum$5.0M
Owners18
AdviserNew State Capital Partners
New State Capital Partners Fund II, LP
Delaware, United StatesPrivate equity fund
Gross assets$224M
Minimum$5.0M
Owners23
AdviserNew State Capital Partners
New State Capital Partners Fund III, LP
Delaware, United StatesPrivate equity fund
Gross assets$162M
Minimum$5.0M
Owners45
AdviserNew State Capital Partners
New State Capital Partners Fund II B, LP
Delaware, United StatesPrivate equity fund
Gross assets$70.1M
Minimum$5.0M
Owners7
AdviserNew State Capital Partners
New State Capital Partners Fund III-A, LP
Delaware, United StatesPrivate equity fund
Gross assets$39.6M
Minimum$5.0M
Owners15
AdviserNew State Capital Partners
NS Ums Investment LLC
Delaware, United StatesPrivate equity fund
Gross assets$23.6M
MinimumNone set
Owners25
AdviserNew State Capital Partners
New State Capital Partners Fund III-B, LP
Delaware, United StatesPrivate equity fund
Gross assets$6.7M
MinimumNone set
Owners59
AdviserNew State Capital Partners
NS Gautier Partners, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$4.7M
MinimumNone set
Owners7
AdviserNew State Capital Partners
NS Ccc Partners L.P.
Delaware, United StatesPrivate equity fund
Gross assets$33K
MinimumNone set
Owners3
AdviserNew State Capital Partners

As reported in the adviser's Form ADV filed Oct 2, 2024. Funds also listed from Form D are shown above.

Fund vehicles: feeder funds and single-deal vehicles (3)

Fund
Gross assets
Minimum
Owners
Adviser
New State Capital Partners Csp Co-Invest Fund, LP
Delaware, United StatesPrivate equity fund
Gross assets$5.8M
MinimumNone set
Owners13
AdviserNew State Capital Partners
New State Capital Partners Friends and Family Co-Investment Fund II, LP
Delaware, United StatesPrivate equity fund
Gross assets$4.8M
MinimumNone set
Owners30
AdviserNew State Capital Partners
New State Capital Partners Friends and Family Co-Investment Fund, LP
Delaware, United StatesPrivate equity fund
Gross assets$4.3M
MinimumNone set
Owners17
AdviserNew State Capital Partners

Feeder funds invest through a master fund; single-deal vehicles (SPVs, co-investments, series) hold one investment.

From SEC filings. Firm data comes from the SEC's Form ADV data. AltMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures