# Northstar Capital

Northstar Capital is an Asset Manager based in Minneapolis, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Minneapolis, United States
- **Region:** North America
- **Address:** Minneapolis, MN, United States
- **Founded:** 1993
- **Assets under management:** $1B - $5B (Altss estimate)
- **Website:** northstarcapital.com
- **LinkedIn:** https://www.linkedin.com/company/130656

## Regulatory record

- **CRD number:** 158003
- **SEC file number:** 801-73552
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/158003

## About

Northstar Capital - Private Investment Firm | Private Equity

## Sectors

- Private Equity
- Business Services
- Industrial Tech
- Manufacturing

## People

- Jeffrey B. Davis — Chairman
- Scott A. Brams — President & Chief Investment Officer

## Questions

### Who runs investment decisions at Northstar Capital?

Scott A. Brams serves as President and Chief Investment Officer, leading all investment activity for the firm. Jeffrey B. Davis holds the role of Chairman. Investment decisions are made by the partnership's leadership team out of Minneapolis.

### How does Northstar Capital source proprietary deal flow?

Northstar's sourcing model relies heavily on its Minneapolis location and three-decade presence in the Upper Midwest. The firm cultivates relationships with regional business owners, accounting firms, and intermediary networks rather than competing in broad auction processes. This geography-anchored approach surfaces founder- and family-owned businesses that are often not formally marketed.

### Which sectors does Northstar Capital explicitly focus on?

The firm concentrates on business services, niche manufacturing, and industrial technology. It does not invest in real estate, consumer retail, or energy exploration. The thesis centers on sectors where operational expertise and management partnership can drive margin improvement and growth.

### Does Northstar Capital participate in fund commitments or only direct deals?

Northstar Capital executes direct control equity investments and does not operate as a fund-of-funds. There is no public record of the firm making LP commitments to external private equity funds. Its investment activity is concentrated on acquiring and operating portfolio companies directly.

### How long has Northstar Capital been operating and where are its offices?

Northstar Capital was founded in 1993 and has operated continuously from Minneapolis, Minnesota, for more than three decades. The firm does not list additional offices. Its single-location structure reinforces the concentrated Upper Midwest sourcing strategy that differentiates it from multi-office peers.

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- [Webflow](https://altss.com/profile/webflow)
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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/northstar-capital

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