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Northwestern Mutual Capital

Northwestern Mutual Capital

Milwaukee, Wisconsinmedia.nmfn.com

Overview

Northwestern Mutual Capital is an investment firm that seeks to make private equity and mezzanine investments. The firm seeks to invest in the financial services, energy, clean technology, infrastructure and financial technology sectors. The firm was funded in 1980 and is based in Milwaukee, Wisconsin . Northwestern Mutual Capital LLC specializes in direct and fund of fund investments . In direct investments, the firm typically invests in leveraged buyouts in form of private debt, equity, growth equity, infrastructure transactions, mezzanine, first lien, second lien, unitranche, HoldCo PIK, preferred or common equity, junior debt, senior equity, and private placements . The firm invests across a wide range of industries with a focus on the technology sector . It seeks to co-invest with other middle-market private equity firms in companies based in North America, Europe, and Asia .

Year Founded

1980

AUM

$67B

Portfolio Companies

13

Investments

Northwestern Mutual Capital investments
CompanyDateStageLead
Inclined Technologies Inc.Aug 2025Series B-
Trust & WillMar 2025Series C-
LevitateAug 2024Series D-
Lignetics, Inc.Nov 2021Buyout/LBOCo-investor
Waterfront BrandsJul 2021Private EquityCo-investor

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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Firmographic Details

HeadquartersMilwaukee, Wisconsin
Year Founded1980
AUM$67B

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