September 12, 2025

Northstar Capital Announces Successful $530 Million Fundraise, Expanding Parallel Fund Strategy

Minneapolis, MN – Northstar Capital (“Northstar”), a committed financing partner to private equity sponsors in the lower middle market, is proud to announce the final close of its latest parallel fund strategy, comprised of Northstar Mezzanine Partners VIII L.P. (NMP VIII) and Northstar Mezzanine Partners SBIC II L.P. (NMP SBIC II). Together, the funds represent $530 million in committed capital dedicated to fueling the growth of small businesses nationwide.

The current raise exceeded the predecessor parallel funds, NMP VII and NMP SBIC, which totaled $500 million in commitments. NMP SBIC II also marks Northstar’s second fund licensed as a Small Business Investment Company (“SBIC”) by the U.S. Small Business Administration. To date, Northstar has completed 14 platform investments across NMP VIII and NMP SBIC II, highlighting the favorable environment for Northstar’s investment approach.

This successful fundraise further positions Northstar as a leader in providing flexible, strategic financing to lower middle market companies. “We’re incredibly grateful for the continued support and confidence from our investors,” said Christopher Kocourek, Managing Partner at Northstar. “This fundraise reinforces the strength of our team, our strategy, and our commitment to delivering consistent results through market cycles. Our parallel fund structure enables us to deliver creative capital solutions for sponsor partners, and we’re excited by the momentum we’re already seeing in the market.”

About Northstar Capital

Northstar Company, LLC is an investment management company with offices in Minneapolis, Minnesota and Fargo, North Dakota doing business as Northstar Capital. Northstar specializes in providing credit solutions and equity co-investments to lower middle market companies. Since its founding in 1993, Northstar has secured over $2.4 billion in capital, supporting over 170 small businesses. Northstar invests in a diverse range of industries, including healthcare, industrials, consumer, business services, food and agriculture, outsourcing, and distribution. For more information, please visit northstarcapital.com.

Contacts:

Brian Schneider – Managing Partner, Chris Kocourek – Managing Partner, Douglas Mark – Managing Partner, Ethan Eid – Partner