Private EquityRIA · CRD 130985SEC-Registered

Updated:

Richardson Capital

Richardson Capital is an SEC-registered investment adviser in Menomonee Falls, WI, registered since 2004.

Richardson Capital

Richardson Capital is an SEC-registered investment adviser in Menomonee Falls, WI, registered since 2004. The firm manages $582 million in assets, with $447 million on a discretionary basis. It has 9 employees and 7 investment advisers.

General information

Firm type

Private Equity

Year founded

AUM

Undisclosed

Location

Region

North America

Country

Canada

City

Menomonee Falls

Corporate office

Winnipeg, Manitoba, Canada

Principals

Hartley T. Richardson

Executive Chair & President, James Richardson & Sons, Limited

Sector focus

Industrial TechEnergy Transition & RenewablesFinancial ServicesReal EstateAgriTech & FoodTech

Frequently asked questions

Who runs investment decisions at Richardson Capital?

Ultimate authority rests with Hartley T. Richardson, Executive Chair and President of James Richardson & Sons, Limited. The family holding company oversees all capital allocation through a board comprising both family members and independent directors. Day-to-day investment professionals are not publicly listed, consistent with the firm's private operating stance.

How is Richardson Capital related to the broader Richardson family businesses?

Richardson Capital is the private equity direct-investment division of James Richardson & Sons, Limited, the holding company that also owns Richardson International (agribusiness and food processing), Tundra Oil & Gas, and Richardson Wealth. The family's original wealth dates to the grain-handling enterprise founded in Kingston, Ontario in 1857, making it one of Canada's oldest continuously operating family offices.

Does Richardson Capital raise external funds or accept outside LP capital?

No. The firm operates on proprietary family balance-sheet capital, with no evidence of external fund-raising or commingled LP structures. This permanent-capital model allows for indefinite holding periods and patient control positions, unfettered by fund-life constraints typical of institutional private equity managers.

What is Richardson Capital's known investment stage and check-size range?

The firm targets buyout, expansion, and late-stage growth investments in North American mid-market companies. Exact check sizes remain undisclosed. The parent group's operating scale — particularly through Richardson International's multi-billion-dollar agribusiness platform — suggests capacity for both control acquisitions and significant minority positions without reliance on syndication.

Which sectors does Richardson Capital explicitly avoid?

No explicit avoidance list is published. However, the family's century-long operational history in grain handling, energy extraction, financial services, and real estate creates an observable gravity toward asset-heavy, tangible-equity businesses. Speculative technology and pre-revenue biotech ventures fall outside the demonstrated pattern.

How is Richardson Capital's governance structured across multiple family generations?

James Richardson & Sons employs a formal family council and an independent board of directors that includes non-family members. Hartley Richardson represents the fifth generation. This governance architecture separates family employment policy from investment governance, mitigating single-line concentration risk while preserving the principal's ultimate capital-allocation authority.

What is the firm's known posture on co-investments alongside external GPs?

Richardson Capital does not publicly market co-investment partnerships. Its sister entity Richardson Wealth operates as a regulated financial-advisory platform, creating an internal network that likely reduces the need to source third-party co-investors. Direct co-investment alongside external sponsors is not a confirmed practice, though the family's board-level corporate relationships could facilitate occasional structured syndicates.

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 private equity firms?

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 Menomonee Falls Private Equity profiles