# Pine Street Capital Partners

Pine Street Capital Partners is an Asset Manager based in Albany, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Albany, United States
- **Region:** North America
- **Address:** Albany, NY, United States
- **Founded:** 2004
- **Assets under management:** Undisclosed
- **Website:** www.pinecap.com
- **LinkedIn:** https://www.linkedin.com/company/pine-street-capital-partners

## Regulatory record

- **Reports private funds:** No

## About

Pine Street Capital Partners is a financial firm focused on mezzanine debt and equity investments in the lower middle market sector. It provides capital for private equity-sponsored transactions, including buyouts, recapitalizations, growth initiatives, and acquisitions. The firm serves lower middle market companies and has made 46 investments since its founding in 2004 in Albany, New York.

## Sectors

- Business Services
- Manufacturing
- Distribution
- Consumer
- Healthcare
- Food & Beverage
- Industrial

## People

- Michael Lasch — Management Team
- David Morris — Management Team
- Tim Welles — Management Team
- Jack Walsh — Management Team
- Callie Carpenter — Management Team
- Jack Murray — Management Team

## Questions

### Does PSCP take control positions in portfolio companies?

No. Pine Street explicitly states it seeks non-control positions. The firm combines subordinated debt with a minority equity stake, securing a board seat or observation rights and negotiated financial and operational covenants. This posture leaves incumbent management in place while giving PSCP governance influence.

### What deal types does Pine Street target?

The firm lists seven transaction structures: growth capital, strategic acquisitions, private equity-sponsored buyouts, management buyouts, recapitalizations, shareholder dividends, and refinancings. This flexibility lets PSCP serve as either junior capital in sponsor-led deals or as the sole institutional capital provider in management-driven transactions.

### What does PSCP's portfolio concentration look like by geography?

Current investments span the East Coast, Midwest, and Southwest, with heavy representation in New York, Texas, Florida, Ohio, and New England. The firm does not appear to cluster around a single metropolitan hub, and portfolio company headquarters range from Ocala, Florida to Seattle, Washington.

## Related profiles

- [Pine Mountain Ventures](https://altss.com/profile/pine-mountain-ventures)
- [Pinetree Capital](https://altss.com/profile/pinetree-capital)

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Last updated: 2026-06-03T20:00:00.000Z

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