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New Private Equity
New Private Equity specializes in control buyouts of high-potential companies within the B2B software and tech-enabled services sectors, for equity investments...
New Private Equity
New Private Equity specializes in control buyouts of high-potential companies within the B2B software and tech-enabled services sectors, for equity investments between $50M and $300M. Its integrated approach spans market mapping, target selection, execution, value creation, and exit planning, using the NPE Control Tower built on Palantir Foundry. The firm applies software to traditional private equity methods to make outcomes more predictable, repeatable, and scalable, and focuses on only two sectors to enable pattern recognition.
General information
Firm type
Private Equity
Year founded
2023
Location
Region
North America
Country
United States
City
Miami
Corporate office
Miami, FL, United States
Principals
Gero J. Wittemann
Co-Founder
Francesco K. Barosi
Co-Founder
Suruchi Mehta
Principal
Henry Sallembien
Principal
Sector focus
Frequently asked questions
What is the New Private Equity Control Tower?
The Control Tower, or NPECT, is a proprietary private-equity workflow built on Palantir Foundry. It ingests large volumes of market and company data, normalizes it, and runs standardized analysis to support every phase of the investment process — from market mapping and target selection to execution, value-creation tracking and exit planning. Ted Mabrey, Palantir's Head of Global Commercial, has described it publicly as an end-to-end workflow that integrates investing and value-creation capabilities.
Who makes investment decisions at New Private Equity?
The firm's co-founders, Gero Wittemann and Francesco Barosi, lead the investment team. Wittemann's background includes over $5 billion in equity deployment at Hg and CVC, while Barosi ran TMT for AlixPartners. Principals Suruchi Mehta and Henry Sallembien — both Hg alumni — support origination and execution, but the firm has not disclosed a formal investment committee structure.
Does New Private Equity raise committed funds or operate on a deal-by-deal basis?
New Private Equity has not publicly disclosed its fund structure, committed capital or whether it raises discretionary pools versus deal-by-deal vehicles. The firm's website describes institutional investment and value-creation processes but provides no details on the legal or capital-raising architecture behind them.
What sectors does New Private Equity explicitly avoid?
The firm states it is focused exclusively on B2B software and tech services. Sectors outside these two verticals — including consumer-facing technology, healthcare services, biotech, hardware, and industrial tech — fall outside its stated mandate.
Is New Private Equity's approach closer to a technology platform or a traditional investment firm?
The firm describes itself as a next-generation private equity investor, but the Control Tower is not a standalone product — it is the operating system the team uses internally to source, diligence and manage investments. The model resembles a traditional buyout and growth firm that has fully digitized its investment operations rather than a software vendor or a platform company.
What is the relationship between New Private Equity and Hg?
Three of the four listed professionals — Gero Wittemann, Suruchi Mehta and Henry Sallembien — previously worked at Hg, the European software-focused private equity firm, where Wittemann co-headed the North American buildout. New Private Equity is an independent firm and has no disclosed ownership, economic or operational link to Hg.
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