Northgate Capital

American venture capital and private equity investment firm
Northgate Capital
IndustryVenture capital
Founded2000
FounderBrent Jones
Tommy Vardell
Headquarters
San Francisco, California
Danville, California
London, United Kingdom
Mexico City, Mexico
Key people
Managing director:
Alfredo Alfaro[1]
Websitenorthgate.com

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]

History

Northgate 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

  1. ^ "Some of our Colleagues". Northgate. Retrieved 2019-06-07.
  2. ^ a b "Northgate promotes one to CFO, hires head of IR". PE Hub. 2019-03-22. Retrieved 2019-04-09.
  3. ^ "Religare acquires majority stake in Northgate Capital". domain-b.com. Retrieved 2019-04-09.
  4. ^ "Northgate says co-founding ex-NFLers Brent Jones, Tommy Vardell expected to stay after sale". www.bizjournals.com. Retrieved 2019-04-09.
  5. ^ "Covariant announces $75 million in backing for its artificial intelligence platform | DC Velocity". www.dcvelocity.com. Retrieved 2023-09-20.