# North Channel

North Channel is a Single Family Office based in Omaha, United States.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Omaha, United States
- **Region:** North America
- **Address:** New York, United States
- **Founded:** 2000
- **Assets under management:** Undisclosed
- **Website:** northchannelcapital.com
- **LinkedIn:** https://www.linkedin.com/company/northchannelcapitalpartners

## Regulatory record

- **Reports private funds:** No

## About

North Channel was established as the single-family office for the Welles family. Jeffrey F. Welles leads investment decisions while Maud Welles handles portfolio management. The structure supports generational wealth objectives through disciplined allocation across multiple asset classes. The firm deploys capital via direct co-investments, SPVs, hedge funds, infrastructure, private credit, private equity, and real estate. Confirmed focuses include energy transition and renewables alongside fintech. Geographic reach extends to Europe, the Middle East and Central Asia, North America, and Oceania. Maud Welles joined the board of Rare in 2025. Team size and total deployment figures remain undisclosed. Denis Turcotte previously served as a principal before moving to Brookfield's private equity group. The office maintains its headquarters in New York with no additional locations reported. North Channel operates as a single-family office with direct ties to the founding family through Jeffrey F. Welles. This structure centralizes decision-making and aligns incentives with long-term family objectives rather than external LP mandates.

## Sectors

- Energy Transition & Renewables
- FinTech

## People

- Jeffrey F. Welles — Managing Partner
- Maud Welles — Portfolio Manager
- Denis Turcotte — Former Principal

## Questions

### Who runs investment decisions at North Channel?

Jeffrey F. Welles serves as managing partner and leads investment decisions. Maud Welles acts as portfolio manager.

### What investment stages does North Channel target?

The firm focuses on growth-stage opportunities.

### Does North Channel participate in fund commitments or only direct deals?

North Channel uses both direct co-investments and fund allocations.

### How is North Channel related to Rare?

Maud Welles was appointed to the Board of Trustees of Rare in 2025.

## Related profiles

- [Norfin](https://altss.com/profile/norfin)
- [North Ocean Group](https://altss.com/profile/north-ocean-group)

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Last updated: 2026-08-10T15:54:10.904Z

Canonical page: https://altss.com/profile/north-channel

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