Private EquityRIA · CRD 292022SEC-RegisteredPrivate Fund Adviser

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s20 Capital

S20 Capital is an SEC-registered investment adviser in Draper, UT. The firm manages approximately $40 million in regulatory assets. It has 3 employees and 3...

s20 Capital logo

s20 Capital

S20 Capital is an SEC-registered investment adviser in Draper, UT. The firm manages approximately $40 million in regulatory assets. It has 3 employees and 3 investment advisers.

General information

Firm type

Private Equity

Year founded

2015

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Draper

Corporate office

Draper, UT, United States

Frequently asked questions

What does s20 Capital actually do?

s20 Capital executes direct secondary transactions. It purchases existing equity stakes in venture-backed technology companies from early investors, former employees, or institutions that want liquidity before an IPO or acquisition. The firm does not lead primary venture rounds — it steps into cap tables by buying positions from current shareholders.

Which sectors and stages does s20 Capital target?

The firm focuses on technology broadly, with an emphasis on software and related sectors. It targets venture-backed companies across stages where secondary opportunities arise. The firm has not published a restricted list of excluded sectors.

How does s20 Capital source its deal flow?

Deal flow comes through relationships with venture capital firms, company management teams, and the secondary advisory community. As a dedicated technology secondary buyer, the firm positions itself as a counterparty for VC funds managing portfolio liquidity and for individual shareholders seeking partial exits.

Does s20 Capital invest in fund stakes or only direct company positions?

Available information indicates a focus on direct secondaries — purchasing stakes in individual companies rather than acquiring limited partnership interests in venture capital funds. The firm has not published data on any fund-of-funds or LP-led secondary activity.

Who runs investment decisions at s20 Capital?

s20 Capital has not publicly disclosed its management team, investment committee members, or principals. No named executives appear in its online presence or in the accessible public record.

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