Middleground Capital

Private Equity SEC-registered adviser

Legal name: Middleground Management, LP

Lexington, KYFounded 2018 Website LinkedIn

AUM

$3.9B
Regulatory AUM

Private funds

24
Private Equity 24

Private fund assets

$3.4B
Gross asset value

Employees

111

Last Form D raise

Feb 2026
Most recent fund filing

From SEC Form ADV filing (filed May 21, 2026). View on SEC

People(2)

Owners and executive officers named on the firm's SEC Form ADV.

J
Limited Partner, Chief Executive Officer
S

Funds(24)

Private funds reported on Form ADV, with amounts raised from the funds' SEC Form D filings.

FundTypeGross assetsRaised (Form D)InvestorsLast Form DRecency
Middleground Piston Co-Invest, LPPrivate Equity$114.4M$130.8M29Feb 2026Warm
Middleground Partners II, LPPrivate Equity$755.0M$700.0M27Nov 2025Warm
Middleground Mobility Opportunity Fund, LPPrivate Equity$254.9M$181.3M1Nov 2025Warm
Middleground Partners Ii-X, LPPrivate Equity$87.7M$83.0M4Nov 2025Warm
Middleground Partners II Ff, LPPrivate Equity$5.2M$4.8M19Nov 2025Warm
Middleground Partners III, LPPrivate Equity$278.2M$262.6M33Oct 2025Cool
Middleground Partners Iii-X, LPPrivate Equity$23.8M$23.5M6Oct 2025Cool
Middleground Apex Co-Invest Partners, LPPrivate Equity$6.2M$4.0M1Oct 2024Cold
Middleground Carbon Cv, LPPrivate Equity$406.2M$394.0M38Nov 2023Cold
Middleground Dolphin Co-Invest Partners, LPPrivate Equity$31.6M$16.3M3Apr 2023Cold
Middleground Protect Co-Invest Partners, LPPrivate Equity$141.5M$47.0M10Apr 2023Cold
Middleground Cassette Co-Invest Partners, LPPrivate Equity$1.3M$9.0M2Apr 2023Cold
Middleground Copper Co-Invest Partners, LPPrivate Equity$245.5M$147.0M20Oct 2022Cold
Mobility Opportunity Fund, LPPrivate Equity$91.4M$65.0M2Aug 2021Cold
Middleground Partners I, L.P.Private Equity$506.6M$140.0M7Jan 2019Cold

Board seats

Companies whose SEC Form D filings name one of this firm's people as a director, matched by name and office ZIP code.

No board seats matched from SEC filings yet.

Regulatory identifiers

CRD number
297235
SEC file number
801-113431

Sources