NewSpring Capital overview
Stories about NewSpring Capital
PA SERS commits $75 million to growth equity, mezzanine
The Carlyle Group and NewSpring Capital received commitments from the $24bn Pennsylvania retirement system at its 2 May board meeting.
NewSpring hits $200m on mezz fund
The firm beat its $150m target for its second mezzanine fund, capitalising on a growing strategy amid a slowing credit market.
NewSpring Capital contact information
Offices
555 E. Lancaster Ave, 3rd Floor, Randor, 19087, United StatesContacts
| Name | Job title | Location | |
|---|---|---|---|
Key Contact Ms. Blair Drossner | Job titleVP, Investor Relations | LocationRandor, United States | Email  ---------- |
| Mr. Mike Kubacki | Job titleChief Financial Officer | LocationRandor, United States | Email ---------- |
| Mr. Jim Ashton | Job titleGeneral Partner | LocationRandor, United States | Email ------ |
| Mr. Greg Barger | Job titleGeneral Partner | LocationRandor, United States | Email -------- |
NewSpring Capital funds managed
Funds in market: 2
| Fund | Fund size | Open date | Strategy |
|---|---|---|---|
Fund size ----- | Open dateApr 2024 | Strategy ------- | |
Fund size ------- | Open dateOct 2023 | Strategy ----- | |
Closed funds: 13
| Fund | Fund size | Close date | Strategy |
|---|---|---|---|
Fund size ----------- | Close dateMar 2025 | Strategy ---------- | |
Fund size ------- | Close dateMar 2025 | Strategy --------- | |
Fund size ----------- | Close dateDec 2023 | Strategy ------ | |
Stories that mention NewSpring Capital
The integrated approach to outsourcing
GPs may appreciate the value of outsourcing, but they want service options that are as integrated with their own operations as possible.
Three key trends in fund services
To take advantage of new opportunities in a tight market, the PE industry is getting its fund services processes in order.
Consortium invests $145m in specialty pharma
MPM Capital and LLR Partners have led a Series D financing round totaling $50 million in equity and $95 million in debt for acute-care company EKR Therapeutics.