United States · Investor

Argonaut Private Equity

Filed with the SEC to raise a fund in Aug 2026, closing $98M. Last cheque observed Jun 2019.

QuietNew fund $98M, Aug 2026Private equity

SeedSeries ASeries BBiodiversityCleantechWaste

Cheques on record
0%of best year0cheques in 12 months, 13 on record
Since the last cheque2700days00hrs00min00sec
Median round$55MRounds led0 of 13Sole investor3 roundsExits2 from the portfolioMostly inUnited States, 83%
Pitch Argonaut Private Equity

Argonaut Private Equity highlights

  1. 01

    13 rounds on record

  2. 02

    Mostly Venture and Series C: 45% of its rounds

  3. 03

    Sole investor in 3 rounds, median $11M

  4. 04

    2 exits from the portfolio

What they do

We are one of the largest private equity firms in the Central U.S.From their own website
Type
Private equity (from a list, unverified)
Cheque size
Not stated
Stages
SeedSeries ASeries BGrowthPre-IPO
Sectors
BiodiversityCleantechWaste
Based in
Tulsa, United States
Cold pitches
Accepted

The record

Every round we can evidence, newest first13 appearances

  1. 2019

    1 round

  2. Jun
    AlkamiSeries E · US · FinSMEs$55MWith 3 others
  3. 2016

    1 round

  4. Jan
    Pivot3$56MWith 9 others
  5. 2015

    1 round

  6. Feb
    Pivot3Growth · US$45MWith 4 others
  7. 2014

    2 rounds

  8. Oct
    Pivot3Series E · US$2.0MWith 4 others
  9. Feb
    Excellence EngineeringUSUndisclosedSole investor
  10. 2011

    2 rounds

  11. May
    Crown BioscienceSeries C · US · equityhelpdesk.com$29MWith 4 others
  12. Mar
    YulexVenture · US · bizjournals.com$15MSole investor
  13. 2010

    3 rounds

  14. Oct
    Aspen AerogelsVenture · US · press.aerogel.com$22MWith 5 others
  15. Jul
    eYantra IndustriesVenture · IN · thehindubusinessline.com$7.5MSole investor
  16. Feb
    Luminus DevicesSeries B · US · altassets.com$19MWith 3 others
  17. 2007

    1 round

  18. Apr
    CordysGrowth · NL$80MWith 1 other
  19. 2006

    1 round

  20. May
    Luminus DevicesSeries D · US · luminus.com$38MWith 5 others
  21. 2005

    1 round

  22. May
    NovariantSeries C · US · novariant.com$16MWith 6 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration5 named

KRKelby R. HagarPresident of BW Investment Management, Inc., the GP of Argonaut Fund V GP, LP, each Issuer's General PartneriFiling they signed
PJPatrick Joseph SullivanChief Compliance Officer of BW Investment Management, Inc., the GP of Argonaut Fund IV GP, LP, each Issuer's General PartneriFiling they signed
PRPhil R. VanTreaseChief Financial Officer of BW Investment Management, Inc., the GP of Argonaut Fund IV GP, LP, each Issuer's General PartneriFiling they signed
PDPhilip Dean VantreaseChief Financial Officer; General Counsel; SecretaryiForm ADV
SRSteven Ryan MitchellPresident & CEO of BW Investment Management, Inc., the GP of Argonaut Fund IV GP, LP, each Issuer's General PartneriFiling they signed

We also hold 35 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$3.0Bassets it managesOct 2026
Registeredinvestment adviserfull reporting to the SEC
Legal name
Argonaut Private Capital, LP
SEC number
CRD 283878

Funds on its Form ADV

8 private funds, $3.8B in gross assets · filed Mar 2024

  1. ARG Private Equity, LLCPrivate equity1 investor$1.0B
  2. Argonaut Private Equity Fund IV, L.P.Private equity64 investors$667M
  3. Argonaut Private Equity Fund III, L.P.Private equity30 investors$650M
  4. Argonaut Private Equity Fund V, L.P.Private equity103 investors$550M
  5. ARG Private Equity II, LLCPrivate equity1 investor$519M
  6. Argonaut Private Equity Fund III AIV, L.P.Private equity30 investors$216M
  7. Argonaut Private Equity Fund IV-A, L.P.Private equity10 investors$124M
  8. Argonaut Private Equity Fund V-A, L.P.Private equity16 investors$67M

What they claim to have backed

From their own portfolio page (on their website)

0 of 2 we have independently watched raise

Investor PortalStation8branding

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Exits from the portfolio

Companies it backed that were later bought or listed2 in all

CordysBought by OpenText Corporation$33MAug 2013
Luminus DevicesBought by Lightera$22MJun 2013

An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

The investors most often in the same rounds as Argonaut Private Equity. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies Argonaut Private Equity put money into.

Quick answers about Argonaut Private Equity

What does Argonaut Private Equity invest in?

Argonaut Private Equity invests most often at Venture and Series C (45% of the rounds on record), in sectors such as Biodiversity, Cleantech and Waste.

How active is Argonaut Private Equity?

13 investments on record, 0 of them in the last 12 months. The most recent was in Jun 2019.

What has Argonaut Private Equity invested in recently?

Its most recent investments on record: Alkami (Series E, Jun 2019) and Pivot3 (Jan 2016).

How big are Argonaut Private Equity's cheques?

The median round it joins is $55M.

Does Argonaut Private Equity lead rounds?

Rarely, if at all: none of its 13 investments on record names it as the lead.

Where does Argonaut Private Equity invest?

Most of the companies it backs are in the United States (83%), India (8%) and the Netherlands (8%).

Is Argonaut Private Equity investing now?

No investments in the last 12 months; the latest was in Jun 2019.

Who does Argonaut Private Equity invest alongside?

Most often S3 Ventures (4 rounds together), InterWest Partners (3 rounds together) and Mesirow Financial (2 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it