Northwestern Mutual Capital
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 .
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Inclined | Aug 2025 | Series B | - |
| Trust and Will | Mar 2025 | Series C | - |
| Levitate | Aug 2024 | Series D | - |
| Waterfront Brands | Jul 2021 | Private Equity | Co-investor |
| Trust and Will | Nov 2020 | Series B | - |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.