# SouthState Private Capital Management

SouthState Private Capital Management is an Asset Manager based in United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** United States
- **Region:** North America
- **Assets under management:** Undisclosed
- **Website:** southstatebank.com
- **LinkedIn:** https://www.linkedin.com/company/private-capital-managment-denver-colorado

## Regulatory record

- **CRD number:** 165306
- **SEC file number:** 801-77650
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/165306

## About

SOUTHSTATE PRIVATE CAPITAL MANAGEMENT LLC is an SEC-registered investment adviser in COLUMBIA, SC, registered since 2013. The firm manages $5.0 billion in assets, $4.4 billion on a discretionary basis. It has 38 employees and 27 investment advisers.

## Questions

### How does SouthState Private Capital source its investment opportunities?

The firm sources primarily through SouthState Bank's commercial lending and private banking relationships across the Southeastern U.S. and Texas. Bankers on the ground encounter business owners seeking growth capital, succession solutions, or acquisition financing, and direct those opportunities to the private capital team. This internal pipeline — coupled with general partner relationships from fund commitments — produces a mix of direct and co-investment deal flow that is difficult for non-bank investors to replicate.

### What is the firm's relationship to SouthState Bank's balance sheet?

SouthState Private Capital operates as a department within the bank rather than a separately capitalized fund manager. Its investment capital comes from two sources: the bank's own equity capital, held as limited partnership interests on the balance sheet, and fiduciary capital from the bank's trust and wealth management clients. This eliminates the fundraising cycle and LP redemption risk that independent firms manage, but also subjects investment decisions to bank-level regulatory capital requirements and oversight.

### Does SouthState Private Capital invest in funds or only directly into companies?

Both. The firm commits to external private equity funds as a limited partner — primarily in lower-middle-market and middle-market buyout, growth equity, and special situations strategies — and selectively co-invests alongside those same general partners. Direct investing tends to concentrate on companies within the bank's geographic footprint where SouthState can also provide senior debt.

### Is SouthState Private Capital registered with the SEC?

As an operating division of SouthState Bank, N.A., the firm operates under the bank's regulatory framework rather than as a standalone registered investment adviser. The parent company, SouthState Corporation, files quarterly and annual reports with the SEC as a public company, and private equity holdings are disclosed within those filings under the bank's investment portfolio line items.

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Last updated: 2026-07-11T13:09:39.000Z

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