Private EquityRIA · CRD 286411SEC-RegisteredPrivate Fund Adviser

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Madison River Capital

Madison River Capital is an SEC-registered investment adviser in New York, NY, registered since 2023. The firm manages $1.3 billion in assets, with $708...

Madison River Capital logo

Madison River Capital

Madison River Capital is an SEC-registered investment adviser in New York, NY, registered since 2023. The firm manages $1.3 billion in assets, with $708 million on a discretionary basis. It has 14 employees and 8 investment advisers.

General information

Firm type

Private Equity

Year founded

2022

Location

Region

North America

Country

United States

City

New York

Corporate office

New York, NY, United States

Principals

David Wittels

Managing Partner and President

Richard Dresdale

Partner

Michael Somma

Partner

Matthew Clancy

Managing Director

Aaron Hazan

Principal

Adam Cohen

Principal

Ari Cepelewicz

Vice President

Ben Ordonez

Analyst

Derek Irwin

Partner, Chief Financial Officer and Chief Compliance Officer

Jeffrey Winter

Senior Managing Director, Operating Partner, Healthcare

Kenneth Brown

Senior Managing Director, Operating Partner, Industrials

Jennifer Steeves-Kiss

Operating Advisor, Digital Marketing

Grace Niland

Operating Advisor, Human Resources & Talent Acquisition

Robert Barthelmes

Operating Advisor, Enterprise Technology

Sector focus

Healthcare ServicesIndustrial ServicesBusiness Services

Frequently asked questions

Who runs investment decisions at Madison River Capital?

The investment team is led by Managing Partner and President David Wittels, supported by Partners Richard Dresdale and Michael Somma, and Managing Director Matthew Clancy. The group's senior principals have worked together as a unit since 2016, which the firm says has resulted in zero attrition among the partnership. Operating partners Jeffrey Winter and Kenneth Brown lead the healthcare and industrials practices, respectively.

What is Madison River Capital's track record beyond its current portfolio?

MRC's principals brought prior investments from predecessor firms, including involvements with Follett Higher Education, PM Pediatrics, Array Behavioral Care, Autism Learning Partners, and Community Based Care. The firm explicitly states these were not made by MRC-managed vehicles but reflect the team's prior professional history.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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