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Northgate Capital is a venture capital and private equity investment firm with approximately $4.9 billion of assets under management and offices in San Francisco, Danville, Mexico City and London.[2]
 | |
| Industry | Venture capital |
|---|---|
| Founded | 2000 |
| Founder | Brent Jones Tommy Vardell |
| Headquarters | |
Key people | Alfredo Alfaro (Managing director)[1] |
| AUM | $4.9 billion (2019)[2] |
| Website | northgate |
History
editNorthgate was founded in 2000 by Brent Jones and Tommy Vardell following their retirement from the National Football League.[2]
In 2010, Jones and Vardell sold a majority stake in Northgate to Religare Enterprises, an Indian financial services company, and continued to manage the firm as Partners.[3]
In 2016, Religare and Northgate's management team sold 100% ownership of Northgate to The Capital Partnership, a private investment firm, with offices in London and Dubai. Following the acquisition by TCP, both Jones and Vardell transitioned to the role of Founders and Senior Advisors to Northgate.[4]
In 2023, Northgate Capitol partners with Covariant in its research into artificial intelligence platforms.[5]
References
edit- ^ "Some of our Colleagues". Northgate. Retrieved 2019-06-07.
- ^ a b c "Northgate promotes one to CFO, hires head of IR". PE Hub. 2019-03-22. Retrieved 2019-04-09.
- ^ "Religare acquires majority stake in Northgate Capital". domain-b.com. Retrieved 2019-04-09.
- ^ "Northgate says co-founding ex-NFLers Brent Jones, Tommy Vardell expected to stay after sale". www.bizjournals.com. Retrieved 2019-04-09.
- ^ "Covariant announces $75 million in backing for its artificial intelligence platform | DC Velocity". www.dcvelocity.com. Retrieved 2023-09-20.