# Madison River Capital

Madison River Capital is a Private Equity based in New York, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 2022
- **Assets under management:** Undisclosed
- **Website:** www.mrivercapital.com
- **LinkedIn:** https://www.linkedin.com/company/madison-river-capital

## Regulatory record

- **CRD number:** 286411
- **SEC file number:** 801-128495
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/286411

## About

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.

## Sectors

- Healthcare Services
- Industrial Services
- Business Services

## People

- 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

## 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.

## Related profiles

- [Madison Parker Capital](https://altss.com/profile/madison-parker-capital)
- [Madison Scottsdale](https://altss.com/profile/madison-scottsdale)

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Last updated: 2026-07-06T00:35:58.151Z

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