New 2ND Capital is a private equity secondaries manager, based in New York. The firm is focused on lower middle market investments in the US and Canada.
Exclusive focus on GP-Led Secondaries (continuation funds, fund restructurings, direct secondaries, spin-outs).
New 2ND Capital was founded in 2016. It started investing its fourth fund in August 2026. The firm's funds and entities have USD 2.6 BN in regulatory AUM (per 31 December 2025). 3 partners worked with each other at AlpInvest/Carlyle in New York.
