Asset ManagerRIA · CRD 321649SEC-RegisteredPrivate Fund Adviser

Updated:

Next Horizon Capital

Next Horizon Capital is a asset manager based in San Francisco; the Altss profile covers its classification, headquarters, registration, AUM band, and key...

Next Horizon Capital

Next Horizon Capital is an SEC-registered investment adviser in San Francisco, CA, registered since 2024. It operates from this location.

General information

Firm type

Asset Manager

Location

Region

North America

Country

United States

City

San Francisco

Corporate office

San Francisco, CA, United States

Principals

Mathew Lori

CEO, Managing Partner

Nick Cafferillo

Managing Partner

Sector focus

Enterprise SoftwareInformation ServicesBusiness ServicesHuman Capital ManagementMarketing Services & TechnologyAuto Aftermarket ServicesCommercial & Residential ServicesEducation

Frequently asked questions

Who runs investment decisions at Next Horizon Capital?

The firm is led by CEO and Managing Partner Mathew Lori, formerly of New Mountain Capital and JPMorgan Partners, alongside Managing Partner Nick Cafferillo, who previously served as Chief Data & Technology Officer at S&P Global. Day-to-day investment decisions flow through this two-partner core, supported by Vice President Ethan Jorasch and Director Eric Li. There is no investment committee listed separately.

How does Next Horizon Capital source proprietary deal flow?

The firm does not publicly detail a proprietary sourcing channel, but its ecosystem of 22 Executive Partners — many holding current leadership roles in adjacent industries — likely serves as an informal origination network. The firm's core strategy targets the middle market in Business Services, Technology, and Information sectors, where relationship-driven deal flow is common.

Is Next Horizon Capital structured as a family office or a traditional private equity firm?

Next Horizon Capital is structured as a growth-oriented, middle-market private equity firm, not a family office. It raises capital from external investors to execute control and growth-equity investments, as evidenced by its transaction history and the language on its website describing partnerships with management teams.

Does Next Horizon Capital participate in fund commitments or only direct deals?

Based on the website, the firm appears to focus exclusively on direct, control-oriented private equity investments. The team's track record of 'more than 60 transactions valued in excess of $25 Billion' refers to deals executed by its principals, suggesting a direct-deal mandate rather than a fund-of-funds or LP commitment strategy.

How does Next Horizon Capital use its Executive Partners?

The 22 Executive Partners are independent contractors, not employees, who provide strategic advice directly to the firm and its portfolio companies. Their roles range from post-merger integration and commercial transformation to data architecture and procurement. This model allows Next Horizon to deploy specialized operational talent on a per-deal basis without maintaining a large internal operating group.

What is Next Horizon Capital's known posture on co-investments alongside external GPs?

The firm's public materials do not explicitly mention a co-investment program alongside external general partners. Its approach centers on partnering directly with management teams and leveraging its Executive Partner network for operational support, indicating a lead-investor posture rather than a passive co-investment model.

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.

Need institutional-grade insight on registered investment advisers?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo

Browse by category

More San Francisco Asset Manager profiles