Northern Lakes Capital

Private Equity SEC-registered adviser

Legal name: Northern Lakes Capital, L.P.

Minneapolis, MN Website LinkedIn

AUM

$575.4M
Regulatory AUM

Private funds

7
Private Equity 7

Private fund assets

$575.4M
Gross asset value

Employees

11

Last Form D raise

Dec 2025
Most recent fund filing

From SEC Form ADV filing (filed Sep 16, 2026). View on SEC

People(3)

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

C
Managing Member, Northern Lakes Capital
J
Managing Member, Northern Lakes Capital
K
Managing Member, Northern Lakes Capital

Funds(7)

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

FundTypeGross assetsRaised (Form D)InvestorsLast Form DRecency
Northern Lakes Capital Fund V, L.P.Private Equity$275.0M——Dec 2025Warm
Nlc-Crs Co-Invest, L.P.Private Equity$5.0M——May 2025Cool
Nlc-Pm Co-Invest, L.P.Private Equity$28.7M——May 2024Cold
Nlc-E.a. Quinn Co-Invest, L.P.Private Equity$3.0M——Mar 2023Cold
Northern Lakes Capital Fund IV, L.P.Private Equity$254.4M$162.3M84Oct 2022Cold
Nlc-Broadway Co-Invest, L.P.Private Equity$1.9M$5.0M2Sep 2022Cold
Northern Lakes Capital Fund Iv-A, L.P.Private Equity$7.4M———

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
315975
SEC file number
801-122103

Sources