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Northern Lakes Capital
Northern Lakes Capital is an SEC-registered investment adviser in Minneapolis, MN, registered since 2021. The firm manages $575 million in regulatory assets.
Northern Lakes Capital
Northern Lakes Capital is an SEC-registered investment adviser in Minneapolis, MN, registered since 2021. The firm manages $575 million in regulatory assets. It has 11 employees and 10 investment advisers.
General information
Firm type
Private Equity
Year founded
2021
Location
Region
North America
Country
United States
City
Minneapolis
Corporate office
150 South 5th Street, Suite 2600, Minneapolis, MN 55402, United States
Principals
Charles B. Lannin
Partner
Joel V. Grebenick
Partner
Kasey T. Sime
Partner
Kelly J. Horner
Chief Financial Officer and Chief Compliance Officer
Dean S. Wikenheiser
Managing Director
Sector focus
Frequently asked questions
Does Northern Lakes Capital participate in fund commitments or only direct deals?
Northern Lakes Capital makes direct control equity investments and does not market itself as a fund-of-funds or LP investor in third-party vehicles. Its stated model — control buyouts, management buyouts, and recapitalizations for its own balance sheet — means capital goes straight into portfolio companies rather than into committed blind-pool funds. The firm has not publicly disclosed raising a multi-investor fund vehicle.
Which sectors does Northern Lakes Capital explicitly avoid?
The firm specifically carves out six verticals: restaurant and retail, high tech, medical device, oil and gas, and basic commodities. This negative screen applies most rigidly to stand-alone platform investments, though the firm’s buy-and-build strategy, which targets outsourced service industries, effectively sits outside those excluded sectors as well.
Profile maintained by Altss 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.
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