# L2 Capital

L2 Capital is a Single Family Office based in Devon, United States.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Devon, United States
- **Region:** North America
- **Address:** 92 W Lancaster Ave, Suite 210, Devon, PA 19333, United States
- **Founded:** 2010
- **Assets under management:** Undisclosed
- **Website:** l2capital.net
- **LinkedIn:** https://www.linkedin.com/company/l2-capital-partners

## Regulatory record

- **Reports private funds:** No

## About

L2 Capital was established in 2010 by Bob Levine after his tenure co-founding Milestone Partners in 1995. The office manages wealth derived from middle-market buyouts and applies that capital to new opportunities in founder-led businesses. The firm pursues buyouts, growth equity, and recapitalizations. It targets direct co-investments and SPVs in stages that range from early to growth. Confirmed geographic reach covers North America and Asia. Sector exposure includes FinTech, Digital Health, ClimateTech, AgriTech & FoodTech, and Enterprise Software. Team size and total deployment figures remain undisclosed. The office maintains its headquarters in Devon, Pennsylvania, with partner presence noted in Miami. Bob Levine holds membership in YPO; the firm participates in IPI forums. No operational events from the past 24 months appear in public records. L2 Capital functions as a dedicated single-family office without external LP vehicles. Its mandate stays tied to the Levine family's direct deployment preferences rather than third-party fundraising cycles.

## Sectors

- Private Equity
- FinTech
- Digital Health
- ClimateTech
- AgriTech & FoodTech

## People

- Bob Levine — Founder and Managing Partner
- Connor McMahan — Partner
- Lorin Cassidy Wolfe — Partner
- Peter Batushansky — Partner

## Questions

### Who runs investment decisions at L2 Capital?

Bob Levine serves as Founder and Managing Partner. Partners Connor McMahan, Lorin Cassidy Wolfe, and Peter Batushansky support deal execution.

### How does L2 Capital source proprietary deal flow?

The firm targets founder-led niche companies in consumer and business services. Relationships from Milestone Partners and YPO membership provide access to opportunities.

### Is L2 Capital structured as a single family office or does it operate more like a venture firm?

It operates strictly as a single-family office. Capital deployment stays limited to the Levine family without external fund vehicles.

### Does L2 Capital participate in fund commitments or only direct deals?

The firm focuses on direct co-investments and SPVs. No fund commitments to external managers are disclosed.

### What investment stages does L2 Capital typically target?

Stages include buyout, early stage, and growth. Recapitalizations also form part of the mandate.

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Last updated: 2026-06-03T20:00:00.000Z

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