AltMountain

Northgate Capital, L.P.

Danville, CA · CRD 140214
Venture capital manager

Northgate Capital, L.P. is an SEC-registered investment adviser based in Danville, CA that reports managing 67 private funds on Form ADV, including 29 private equity funds and 38 venture capital funds. It reports $2.9 billion in regulatory assets under management. Its private funds hold $1.8 billion in gross assets.

Regulatory assets under management
$2.9 billionForm ADV Item 5.F
Gross assets of private funds
$1.8 billionAll private fund types, Form ADV
Private funds managed
67PE 29 · VC 38 · hedge 0
Employees
27Form ADV Item 5.A
Registration
SEC-registered adviserCRD 140214
Latest Form ADV
10/27/2026Disciplinary disclosures: none reported

Private equity funds filing Form D (2)

Fund
First sale
Raised
Investors
Minimum
Offering
Northgate Select Opportunities Fund II, L.P.
Danville, CAEmerging
First saleJul 2025
Raised$8.1M
Investors7
MinimumNone set
Offering506(b)
Northgate Select Opportunities Fund III, L.P.
Danville, CAEmerging
First saleMar 2025
Raised$5.0M
Investors1
MinimumNone set
Offering506(b)

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

Venture capital funds filing Form D (1)

Fund
First sale
Raised
Investors
Minimum
Offering
Northgate Growth Fund III, L.P.
Danville, CAEmerging
First saleNov 2022
Raised$14.5M
Investors3
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 investment funds filing Form D (1)

Fund
First sale
Raised
Investors
Minimum
Offering
Northgate Growth Fund IV, L.P.
Danville, CAEmerging
First saleMar 2025
Raised$27.0M
Investors12
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 (33)

Fund
Gross assets
Minimum
Owners
Adviser
NCD Swib, L.P.
Delaware, United StatesVenture capital fund
Gross assets$114M
Minimum$1.0M
Owners2
AdviserNorthgate Capital, L.P.
Northgate Venture Growth III, L.P.
Delaware, United StatesVenture capital fund
Gross assets$105M
Minimum$1.0M
Owners62
AdviserNorthgate Capital, L.P.
Northgate Venture Opportunities, L.P.
Delaware, United StatesVenture capital fund
Gross assets$60.7M
Minimum$5.0M
Owners15
AdviserNorthgate Capital, L.P.
Northgate Private Equity Partners III, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$50.1M
Minimum$1.0M
Owners63
AdviserNorthgate Capital, L.P.
Northgate Commstech Innovations Partners, L.P.
Delaware, United StatesVenture capital fund
Gross assets$49.1M
Minimum$40.0M
Owners4
AdviserNorthgate Capital, L.P.
Northgate Venture Partners III, L.P.
Delaware, United StatesVenture capital fund
Gross assets$48.2M
Minimum$1.0M
Owners54
AdviserNorthgate Capital, L.P.
NCD Swib Opportunities, L.P.
Delaware, United StatesVenture capital fund
Gross assets$45.0M
Minimum$1.0M
Owners2
AdviserNorthgate Capital, L.P.
Northgate Growth Fund II, L.P.
Delaware, United StatesVenture capital fund
Gross assets$44.7M
MinimumNone set
Owners16
AdviserNorthgate Capital, L.P.
Northgate Venture Partners II, L.P.
Delaware, United StatesVenture capital fund
Gross assets$43.4M
Minimum$1.0M
Owners49
AdviserNorthgate Capital, L.P.
Northgate Growth Fund, L.P.
Delaware, United StatesVenture capital fund
Gross assets$23.1M
MinimumNone set
Owners7
AdviserNorthgate Capital, L.P.
Northgate Growth Fund III, L.P.
Delaware, United StatesVenture capital fund
Gross assets$14.3M
MinimumNone set
Owners4
AdviserNorthgate Capital, L.P.
Northgate Venture Partners II (Q), L.P.
Delaware, United StatesVenture capital fund
Gross assets$11.3M
Minimum$1.0M
Owners48
AdviserNorthgate Capital, L.P.
Northgate Venture Partners III (Q), L.P.
Delaware, United StatesVenture capital fund
Gross assets$11.2M
Minimum$1.0M
Owners56
AdviserNorthgate Capital, L.P.
Northgate Private Equity Partners, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$7.7M
Minimum$5.0M
Owners81
AdviserNorthgate Capital, L.P.
Northgate Direct Opportunities IV, LLC
Delaware, United StatesVenture capital fund
Gross assets$4.9M
Minimum$100K
Owners10
AdviserNorthgate Capital, L.P.
University Technology Ventures, L.P.
Delaware, United StatesVenture capital fund
Gross assets$4.9M
Minimum$1.0M
Owners79
AdviserNorthgate Capital, L.P.
Northgate Private Equity Partners (Q), L.P.
Delaware, United StatesPrivate equity fund
Gross assets$2.9M
Minimum$1.0M
Owners36
AdviserNorthgate Capital, L.P.
Northgate Direct Opportunities V, LLC
Delaware, United StatesVenture capital fund
Gross assets$2.1M
Minimum$100K
Owners1
AdviserNorthgate Capital, L.P.
Northgate Direct Opportunities VI, LLC
Delaware, United StatesVenture capital fund
Gross assets$2.0M
Minimum$100K
Owners1
AdviserNorthgate Capital, L.P.
Northgate Direct Opportunities III, L.L.C.
Delaware, United StatesVenture capital fund
Gross assets$1.3M
Minimum$1.0M
Owners1
AdviserNorthgate Capital, L.P.
Ngem-Q, L.P.
Cayman IslandsPrivate equity fund
Gross assets$0
MinimumNone set
Owners0
AdviserNorthgate Capital, L.P.
NVP VII, L.P.
Delaware, United StatesVenture capital fund
Gross assets$0
MinimumNone set
Owners0
AdviserNorthgate Capital, L.P.
Npep III-Q, L.L.C.
Delaware, United StatesPrivate equity fund
Gross assets$0
MinimumNone set
Owners0
AdviserNorthgate Capital, L.P.
NP V, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$0
MinimumNone set
Owners0
AdviserNorthgate Capital, L.P.
NP IV-V, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$0
MinimumNone set
Owners0
AdviserNorthgate Capital, L.P.
NVP VIII, L.P.
Delaware, United StatesVenture capital fund
Gross assets$0
MinimumNone set
Owners0
AdviserNorthgate Capital, L.P.
NVP VI, L.P.
Delaware, United StatesVenture capital fund
Gross assets$0
MinimumNone set
Owners0
AdviserNorthgate Capital, L.P.
NCD Investors, a Delaware Multiple Series, L.L.C.
Delaware, United StatesVenture capital fund
Gross assets$0
Minimum$100K
Owners1
AdviserNorthgate Capital, L.P.
Npep II-A, L.L.C.
Delaware, United StatesPrivate equity fund
Gross assets$0
MinimumNone set
Owners0
AdviserNorthgate Capital, L.P.
Npep II-Q, L.L.C.
Delaware, United StatesPrivate equity fund
Gross assets$0
MinimumNone set
Owners0
AdviserNorthgate Capital, L.P.
NVP IX, L.P.
Delaware, United StatesVenture capital fund
Gross assets$0
MinimumNone set
Owners0
AdviserNorthgate Capital, L.P.
NVP X, L.P.
Delaware, United StatesVenture capital fund
Gross assets$0
MinimumNone set
Owners0
AdviserNorthgate Capital, L.P.
NP IV-P, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$0
MinimumNone set
Owners0
AdviserNorthgate Capital, L.P.

As reported in the adviser's Form ADV filed Mar 28, 2024. Funds also listed from Form D are shown above.

Fund vehicles: feeder funds and single-deal vehicles (32)

Fund
Gross assets
Minimum
Owners
Adviser
Northgate Venture Partners VI, L.P.
Delaware, United StatesVenture capital fund
Gross assets$295M
Minimum$1.0M
Owners29
AdviserNorthgate Capital, L.P.
Northgate V, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$275M
Minimum$1.0M
Owners51
AdviserNorthgate Capital, L.P.
Northgate Venture Partners VII, L.P.
Delaware, United StatesVenture capital fund
Gross assets$215M
Minimum$1.0M
Owners87
AdviserNorthgate Capital, L.P.
Northgate IV, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$134M
Minimum$5.0M
Owners96
AdviserNorthgate Capital, L.P.
NVP VIII Pg, L.P.
Delaware, United StatesVenture capital fund
Gross assets$131M
Minimum$5.0M
Owners3
AdviserNorthgate Capital, L.P.
Northgate Venture Partners VIII, L.P.
Delaware, United StatesVenture capital fund
Gross assets$111M
Minimum$5.0M
Owners25
AdviserNorthgate Capital, L.P.
NC Swib, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$102M
Minimum$1.0M
Owners2
AdviserNorthgate Capital, L.P.
NVP VI SA, L.P.
Delaware, United StatesVenture capital fund
Gross assets$78.3M
Minimum$1.0M
Owners3
AdviserNorthgate Capital, L.P.
Northgate Venture Partners IX, L.P.
Delaware, United StatesVenture capital fund
Gross assets$75.2M
Minimum$5.0M
Owners33
AdviserNorthgate Capital, L.P.
Northgate Venture Partners X, L.P.
Delaware, United StatesVenture capital fund
Gross assets$66.3M
Minimum$5.0M
Owners13
AdviserNorthgate Capital, L.P.
Northgate V-M, L.P.
Cayman IslandsPrivate equity fund
Gross assets$63.9M
Minimum$1.0M
Owners130
AdviserNorthgate Capital, L.P.
Northgate V-E, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$55.5M
Minimum$1.0M
Owners3
AdviserNorthgate Capital, L.P.
Northgate Venture Growth I, L.P.
Delaware, United StatesVenture capital fund
Gross assets$40.4M
Minimum$1.0M
Owners72
AdviserNorthgate Capital, L.P.
Northgate V-B, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$35.4M
Minimum$1.0M
Owners90
AdviserNorthgate Capital, L.P.
NVP IX - M, L.P.
Delaware, United StatesVenture capital fund
Gross assets$32.6M
Minimum$5.0M
Owners3
AdviserNorthgate Capital, L.P.
Northgate Private Equity Partners II (Q), L.P.
Delaware, United StatesPrivate equity fund
Gross assets$24.2M
Minimum$1.0M
Owners41
AdviserNorthgate Capital, L.P.
Northgate VI-B Vc, L.p
Delaware, United StatesVenture capital fund
Gross assets$23.2M
Minimum$1.0M
Owners48
AdviserNorthgate Capital, L.P.
Northgate Private Equity Partners III-B3, L.P.
Cayman IslandsPrivate equity fund
Gross assets$20.6M
Minimum$100K
Owners119
AdviserNorthgate Capital, L.P.
Northgate Global Emerging Markets, L.P.
Cayman IslandsPrivate equity fund
Gross assets$18.5M
Minimum$34.1M
Owners48
AdviserNorthgate Capital, L.P.
Northgate Private Equity Partners III-M2, L.P.
Cayman IslandsPrivate equity fund
Gross assets$15.4M
Minimum$100K
Owners146
AdviserNorthgate Capital, L.P.
Northgate IV-B, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$15.4M
Minimum$5.0M
Owners81
AdviserNorthgate Capital, L.P.
Northgate IV-M, L.P.
Cayman IslandsPrivate equity fund
Gross assets$14.5M
Minimum$5.0M
Owners106
AdviserNorthgate Capital, L.P.
Northgate Private Equity Partners II-B (Q), L.P.
Delaware, United StatesPrivate equity fund
Gross assets$7.9M
Minimum$100K
Owners96
AdviserNorthgate Capital, L.P.
Northgate Private Equity Partners II-M, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$4.2M
Minimum$1.0M
Owners48
AdviserNorthgate Capital, L.P.
NCD Partners III, L.P.
Delaware, United StatesVenture capital fund
Gross assets$3.8M
Minimum$1.0M
Owners2
AdviserNorthgate Capital, L.P.
Northgate Private Equity Partners II-M (Q), L.P.
Delaware, United StatesPrivate equity fund
Gross assets$3.5M
Minimum$1.0M
Owners41
AdviserNorthgate Capital, L.P.
Northgate Private Equity Partners II, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$3.2M
Minimum$1.0M
Owners13
AdviserNorthgate Capital, L.P.
Northgate Private Equity Partners II-B, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$2.4M
Minimum$100K
Owners11
AdviserNorthgate Capital, L.P.
NCD Partners IV, L.P.
Delaware, United StatesVenture capital fund
Gross assets$1.3M
Minimum$1.0M
Owners43
AdviserNorthgate Capital, L.P.
Northgate Venture Growth II, L.P.
Delaware, United StatesVenture capital fund
Gross assets$1.1M
Minimum$1.0M
Owners42
AdviserNorthgate Capital, L.P.
Northgate Private Equity Partners III-B2, L.P.
Cayman IslandsPrivate equity fund
Gross assets$979K
Minimum$100K
Owners16
AdviserNorthgate Capital, L.P.
Northgate Private Equity Partners III-B1, L.P.
Cayman IslandsPrivate equity fund
Gross assets$324K
Minimum$100K
Owners15
AdviserNorthgate Capital, L.P.

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