Private Equity

Direct ownership of established private businesses — the engine of long-term wealth.

Private equity has driven some of the best long-term returns in the market, but too often through blind-pool funds with high fees and long lock-ups. We take a direct, deal-by-deal approach: control and minority positions in profitable companies, with alignment and transparency at every step.

Private Equity

Ownership, not just exposure


North Pine focuses on cash-generating businesses with proven models, durable moats, and clear paths to value creation — not speculative bets. We invest as a control sponsor or alongside best-in-class operators, and structure each position for tax efficiency and genuine alignment between management, North Pine, and our investors.

Major categories

The types of private equity we pursue


Control

Buyouts & Control Equity

Acquiring majority control of established, profitable companies and improving them through operational discipline, add-on acquisitions, and prudent capital structure.

  • Majority control positions
  • Operational value creation
  • Buy-and-build (add-on) strategies
Growth

Growth Equity

Minority capital into proven, expanding companies that need fuel to scale — growth without the binary risk of early-stage venture.

  • Established revenue and unit economics
  • Minority, structured positions
  • Expansion and market capture
Early-stage

Venture & Early Growth

Selective, disciplined exposure to high-potential private companies, sized as the higher-risk, higher-reward sleeve of a private portfolio.

  • Vetted, thesis-driven opportunities
  • Position-sized for risk
  • Co-invest alongside lead investors
Direct

Direct & Co-Investment

Investing directly in a single company alongside North Pine or a trusted sponsor — no fund-of-funds layer, full line of sight into the asset.

  • Single-asset transparency
  • Reduced fee drag
  • Alignment with the operator
SMB

Search Funds & SMB Acquisition

Backing talented operators acquiring and running small and mid-sized businesses — an under-appreciated corner of private equity with attractive entry multiples.

  • Owner-operator succession deals
  • Attractive entry valuations
  • Hands-on value creation
Liquidity

Secondaries

Purchasing existing private-equity positions at a discount, shortening the horizon to liquidity and improving entry pricing.

  • Discounted entry to seasoned assets
  • Shorter duration to distributions
  • Diversified underlying exposure

By introduction

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