# Genstar Capital: portfolio, investments and team

> Genstar Capital is a private equity based in United States. 4 investments on record, latest Oct 2015. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/genstar-capital (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Genstar Capital

Filed with the SEC to raise a fund in Jul 2025. Last cheque observed Oct 2015.

Quiet New fund, Jul 2025 Private equity

Seed Series A Sustainable Development Goals Sustainable Biodiversity

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 4 on record

Since the last cheque **4036** days **00** hrs **00** min **00** sec

Median round **$31M** Rounds led **0 of 4** Sole investor **4 rounds**

Pitch Genstar Capital

## Genstar Capital highlights

- 01 4 rounds on record
- 02 Mostly Debt and Growth: 67% of its rounds
- 03 Sole investor in 4 rounds, median $31M

## What they do

> Filed 1 private fund offering with the SEC, the most recent in 2021-07 From their own website

- **Type:** Private equity (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A
- **Sectors:** Sustainable Development Goals Sustainable Biodiversity
- **Based in:** San Francisco, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **4 appearances**

- **2015** 3 rounds
- **Oct** **[PSKW](https://millionrounds.com/company/pskw)** Growth · US **Undisclosed** Sole investor
- **Apr** **[Boyd Corp](https://millionrounds.com/company/boyd-corp)** US **Undisclosed** Sole investor
- **Mar** **[Univita Health](https://millionrounds.com/company/univita-health)** Debt · US **$40M** Sole investor
- **2002** 1 round
- **Aug** **[Installs Inc](https://millionrounds.com/company/installs-inc)** Venture · US **$21M** Sole investor

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 registration **11 named**

AJ **Anthony Jon Salewski** Executive Officer of Genstar VII GP LLC, the general partner of Genstar Capital VII, L.P., the general partner. i Filing they signed

EP **Eli Phillips Weiss** Executive Officer of Genstar VII GP LLC, the general partner of Genstar Capital VII, L.P. the general partner. i Filing they signed

EA **Elizabeth Ann Coley** Chief Compliance Officer i Form ADV

JR **J, Ryan Clark** Executive officer of the General Partner of the General Partner i Filing they signed

JR **J. Ryan Clark** Executive Officer of Genstar VII GP LLC, the general partner of Genstar Capital VII, L.P., the general partner. i Filing they signed

JR **James Ryan Clark** President and Managing Partner of the GP of the GP i Filing they signed

JL **Jean-Pierre Louis Conte** Executive Officer of Genstar VII GP LLC, the general partner of Genstar Capital VII, L.P., the general partner. i Filing they signed

MS **Melissa Starritt Dickerson** Executive Officer of the General Partner of the General Partner i Filing they signed

RJ **Robert J. Weltman** Executive Officer of Genstar VII GP LLC, the general partner of Genstar Capital VII, L.P. the general partner. i Filing they signed

RS **Robert Stanley Rutledge** Executive Officer of Genstar VII GP LLC, the general partner of Genstar Capital VII, L.P., the general partner. i Filing they signed

RJ **Ryan J. Clark** President and Managing Director of the GP of the GP i Filing they signed

We also hold **32** 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

**$51B** assets it manages Oct 2026

**Registered** investment adviser full reporting to the SEC

- **Legal name:** Genstar Capital Management LLC
- **SEC number:** CRD 156932

Funds on its Form ADV

**32** private funds, **$49B** in gross assets · filed Apr 2024

- 01: Genstar Capital Partners XI, L.P. *Private equity* 385 investors $11B
- 07: Genstar Capital Partners X, L.P. *Private equity* 342 investors $7.8B
- 13: Genstar Capital Partners IX, L.P. *Private equity* 231 investors $6.7B
- 19: Genstar Capital Partners VIII, L.P. *Private equity* 75 investors $2.6B
- 08: Genstar Capital Partners X (EU), L.P. *Private equity* 117 investors $2.6B
- 14: Genstar Capital Partners IX (EU), L.P. *Private equity* 65 investors $2.4B
- 02: Genstar Capital Partners XI (EU), L.P. *Private equity* 104 investors $2.2B
- 22: Genstar Capital Partners VIII BL (EU), L.P. *Private equity* 42 investors $1.7B
- 21: Genstar Capital Partners VIII BL, L.P. *Private equity* 47 investors $1.7B
- 15: Genstar IX Opportunities Fund I, L.P. *Private equity* 71 investors $1.2B

And 22 more on the filing.

Who backs their funds

## 3 LPs on record in Genstar Capital's funds

- **Committed:** $1.5B
- **Funds:** 10
- **Vintages:** 2007 to 2023

The institutions that put money into its funds, which the firm then invests in companies. Source: the pension's own report, latest Mar 2026.

- [**Oregon Public Employees Retirement Fund** 8 funds *$825M*](https://millionrounds.com/fund/oregon-public-employees) Fund Vintage Committed Genstar Capital Partners XI 2023 $229M Genstar XI Opportunities Fund 2023 $21M Genstar Capital Partners X 2021 $140M Genstar X Opportunities Fund I 2021 $85M Genstar Capital Partners IX 2019 $120M Genstar IX Opportunities Fund I 2019 $80M Genstar Capital Partners VIII 2017 $100M Genstar VIII Opportunities Fund 2017 $50M
- [**California Public Employees' Retirement System (CalPERS)** 4 funds *$650M*](https://millionrounds.com/fund/california-public-employees) Fund Vintage Committed Genstar XI Opportunities Fund I 2023 $200M Genstar Capital Partners XI 2023 $200M Genstar X Opportunities Fund I 2021 $150M Genstar Capital Partners X 2021 $100M
- [**California State Teachers Retirement System** 1 fund *$70M*](https://millionrounds.com/fund/california-state-teachers-retirement-system) Fund Vintage Committed Genstar Capital Partners V 2007 $70M

## Companies it bought

Acquisitions by the firm itself

**[Apex Fund Services](https://millionrounds.com/company/apex-fund-services)** **Undisclosed** Sept 2017

**[All Web Leads](https://millionrounds.com/company/all-web-leads)** **Undisclosed** Jul 2015

**Mercer Advisors** **Undisclosed** Mar 2015

**[Telestream](https://millionrounds.com/company/telestream)** **Undisclosed** Jan 2015

**[Construction Software Technologies](https://millionrounds.com/company/construction-software-technologies)** **Undisclosed** Oct 2014

**[Asset International](https://millionrounds.com/company/asset-international)** **Undisclosed** Jun 2014

**Pretium Packaging** **Undisclosed** May 2014

**IAS** **Undisclosed** Dec 2011

**[Insurity](https://millionrounds.com/company/insurity)** **Undisclosed** Nov 2011

**MW Industries** **Undisclosed** Jun 2011

**[TravelCLICK](https://millionrounds.com/company/travelclick)** **Undisclosed** Dec 2007

**Panolam Industries International** **Undisclosed** Oct 2005

New fund on file

**Raised**

a new fund in Jul 2025

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A

Median round joined **$31M** the round, not its cheque Alone, median **$31M**

Led 0 of 4 rounds **0%**

- **Sole investor:** 4 rounds
- **Last cheque:** Oct 2015

Rounds by stage said on their site

- Debt *1*
- Growth *1*
- Venture *1*
- Seed said *-*
- Series A said *-*

Cheques by year Led Joined

2002 2015

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## Quick answers about Genstar Capital

### What does Genstar Capital invest in?

Genstar Capital invests most often at Debt and Growth (67% of the rounds on record), in sectors such as Sustainable Development Goals, Sustainable and Biodiversity.

### How active is Genstar Capital?

4 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2015.

### How big are Genstar Capital's cheques?

The median round it joins is $31M.

### Is Genstar Capital investing now?

No investments in the last 12 months; the latest was in Oct 2015.

### What kind of investor is Genstar Capital?

Genstar Capital is a private equity firm based in San Francisco, United States.

### How much does Genstar Capital manage?

About $51B, as regulatory assets under management (Oct 2026).

### Has Genstar Capital raised a new fund?

Its latest fund filing with the SEC was in Jul 2025.

### When was Genstar Capital founded?

Genstar Capital was founded in 1988.

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