# Nebrodi Partners Nebrodi Partners is an Asset Manager based in Hartford, United States. ## Overview - **Organization type:** Asset Manager - **Headquarters:** Hartford, United States - **Region:** North America - **Address:** 225 Asylum Street, 28th Floor, Hartford, CT 06103, United States - **Founded:** 2014 - **Assets under management:** Undisclosed - **Website:** nebrodipartners.com - **LinkedIn:** https://www.linkedin.com/company/nebrodipartners ## Regulatory record - **CRD number:** 174280 - **SEC file number:** 801-80861 - **Registration status:** Registered - **Reports private funds:** No - **IAPD record:** https://adviserinfo.sec.gov/firm/summary/174280 ## About Nebrodi Partners launched in 2014 when three managing directors from Aetna Inc.'s private equity group — Allan Vartelas, Bob Davis, and Erik Cafarella — spun out the institutional LP expertise they had built since 1992. The firm is headquartered in Hartford, Connecticut, and operates as a specialist manager for investors seeking exposure to the middle and lower middle market private equity segment. Rather than building a generalist advisory platform, Nebrodi focused the entire firm on fund commitments and select co-investments in two defined geographies: North America and Europe. The firm's strategy centers on primary fund commitments to middle-market and lower middle-market buyout, growth, and venture managers, complemented by direct co-investments alongside those general partners. Asset-class exposure spans buyout funds, growth equity vehicles, and venture capital partnerships. The co-investment program selects individual company stakes from the deal flow of its underlying fund managers. Nebrodi's investment activities are rooted in the LP-selection discipline the founders developed at Aetna, where they oversaw a multi-billion-dollar private equity portfolio through multiple cycles. Nebrodi fields a tight team; the three founders are supported by Managing Director and CCO Jim Gagnon, a former PwC assurance senior manager and Vatera Group controller, and Principal Vince Love, who joined in 2019 after investment banking stints at Citi and Citizens Bank. No additional offices or philanthropic vehicles are disclosed. There is no public record of a club-deal structure, affiliated operating companies, or membership networks, suggesting the firm remains a concentrated manager of LP capital rather than a broader multi-family office or co-investor club. The firm's structural differentiator is its origins inside one of the longest-standing institutional LP programs in the United States. The founders did not step out of a GP or investment-banking pipeline to start an advisory firm — they spent their prior careers allocating Aetna's balance sheet to private equity, giving Nebrodi a sourcing posture that mirrors an in-house pension or insurance LP rather than a placement agent or fund-of-funds aggregator. ## Sectors - Private Equity ## People - Allan Vartelas — Co-founder and Managing Partner - Bob Davis — Co-founder and Managing Partner - Erik Cafarella — Co-founder and Managing Partner - Jim Gagnon — Managing Director and Chief Compliance Officer - Vince Love — Principal ## Questions ### Who runs investment decisions at Nebrodi Partners? The three co-founders — Allan Vartelas, Bob Davis, and Erik Cafarella — serve as Managing Partners and collectively lead investment decisions. They oversaw Aetna's private equity program from its 1992 inception until their departure in 2014, carrying institutional LP discipline into the firm's fund-selection and co-investment processes. ### How is Nebrodi Partners structured — is it a fund-of-funds or does it offer direct co-investment? Nebrodi operates as a specialist manager focused on primary fund commitments to middle and lower middle market private equity funds, alongside a select co-investment program. The co-investment sleeve is sourced through the general partners in which Nebrodi has already committed capital, giving clients direct equity exposure to individual portfolio companies. ### What is Nebrodi's geographic focus? The firm concentrates its private equity fund investing and co-investments exclusively in North America and Europe. This bilateral focus reflects the founders' sourcing networks and the manager universe they accessed while building Aetna's private equity allocation over two decades. ### What investment stages and strategies does Nebrodi target? Nebrodi targets the middle and lower middle market, spanning buyout, growth equity, and venture capital strategies. The firm does not publicly emphasize late-stage, large-cap buyouts, or direct credit, staying within the market segment where manager selection drives a wider dispersion of returns. ### What is Nebrodi's known posture on co-investments alongside external GPs? Nebrodi participates in co-investments selectively, using the deal flow of its underlying fund managers. The firm structures these as direct equity stakes rather than pooled vehicles, passing the capital clients commit into specific company-level opportunities alongside the lead GP. ## Related profiles - [Nebraska Medicine Retirement Plan](https://altss.com/profile/nebraska-medicine-retirement-plan-base-and-matching-contributions) - [Nebula Capital Group](https://altss.com/profile/nebula-capital-group) --- Last updated: 2026-06-03T20:00:00.000Z Canonical page: https://altss.com/profile/nebrodi-partners Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology