A Foundational Component of Private Equity Exposure
Primary investments are a compelling entry point for investors to access the private equity asset class through a diversified portfolio of limited partnership interests in private equity funds.
Northleaf's 20+ year history and experience investing in the mid-market has positioned us as a partner of choice to private equity fund managers globally.
Investment Approach
Investing in leading private equity funds since inception.
Our primary investment strategy leverages our extensive network, proactive sourcing and integrated platform to identify and partner with difficult-to-access mid-market private equity fund managers with a proven ability to add long-term value to high-quality companies.
Buyouts
Funds that source equity investments and actively drive value creation in established mid-market companies
Growth Equity & Venture Capital
Funds that source equity investments and drive value creation in earlier-stage high-growth companies, typically in the technology and healthcare segments
Our primary fund investment capabilities form the basis for a turnkey solution for investors seeking access to mid-market private equity. Our expertise is built on over two decades of investment experience in selecting and partnering with industry-leading fund managers globally to deliver compelling and consistent returns for investors across market cycles.
Two-asset continuation vehicle comprising high-quality platforms with recurring revenues, strong margins, high cash conversion, and leading positions in their respective marketsInvestment Date: 2025Geography: EuropeNorthleaf Angle: Northleaf leveraged its long-standing relationship with the general partner, having invested across six funds through primary and secondary transactions. As an existing investor, Northleaf closely tracked the continuation vehicle assets over time, which supported its underwriting of the investment.
Active | Europe
Project Venzurro
Secondary
Project Venzurro
24 fund interests (180 underlying companies)Investment Date: 2025Geography: EuropeNorthleaf Angle: Northleaf had strong information access and coverage across the portfolio and, as an existing secondary buyer with the seller, was well positioned as an efficient counterparty.
