# Madison Capital Funding: portfolio, investments and team

> Madison Capital Funding is a vc firm based in United States. 2 investments on record, latest Jun 2012. Portfolio, stages, co-investors and team.

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

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

# Madison Capital Funding

Filed with the SEC to raise a fund in Feb 2026, closing $51M. Last cheque observed Jun 2012.

Quiet New fund $51M, Feb 2026 VC firm

Growth Enterprise Software Retail

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 2 on record

Since the last cheque **5235** days **00** hrs **00** min **00** sec

Median round **$64M** Rounds led **0 of 2**

Pitch Madison Capital Funding

## Madison Capital Funding highlights

- 01 2 rounds on record
- 02 Mostly Growth: 100% of its rounds

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Enterprise Software Retail
- **Based in:** United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **2 appearances**

- **2012** 1 round
- **Jun** **[Zeta Interactive](https://millionrounds.com/company/zeta-interactive)** Growth · US **$80M** With 1 other
- **2002** 1 round
- **Dec** **[Harris Research](https://millionrounds.com/company/harris-research)** US **$48M** With 3 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 registration **21 named**

AM **Alain Maurice Karaoglan** Board Member i Form ADV

AR **Anthony Ramsey Malloy** Board Member i Form ADV

AS **Ashish S. Shah** Managing Director and Head of Direct Lending of Apogem Capital LLC, the Issuer's Investment Manager i Filing they signed

CR **Christopher Ryan Stringer** Interim Chief Executive Officer, Managing Director and Head of Private Equity of Apogem Capital LLC, the Issuer's Investment Manager i Filing they signed

CW **Christopher W. Taylor** Executive Officer i Filing they signed

DL **David L. Kulakofsky** Executive Officer i Filing they signed

FM **Francis Michael Harte** Board Member i Form ADV

JS **Jae Sung Yoon** Board Member i Form ADV

JL **Jennifer L. Cotton** Executive Officer i Filing they signed

JM **John Michael Grady** Senior Managing Director, Chief Financial Officer and Chief Operating Officer of Apogem Capital LLC, the Issuer's Investment Manager i Filing they signed

JN **Josh Niedner** Chief Executive Officer and Head of Private Credit of Apogem Capital LLC, the Issuer's Investment Manager i Filing they signed

JM **Joshua Morgan Niedner** Chief Executive Officer i Form ADV

KS **Katarina S. Babic** Executive Officer i Filing they signed

KJ **Kevin John Power** Chief Compliance Officer i Form ADV

ME **Monica E. Kelsey** Executive Officer i Filing they signed

N(**Naim (nmn) Abou-Jaoude** Board Member, Chair i Form ADV

RS **Robert S. Douglass** Managing Director and Chief Credit Officer of Apogem Capital LLC, the Issuer's Investment Manager i Filing they signed

SA **Stuart André Warner** General Counsel i Form ADV

SS **Sunil S. Mehta** Executive Officer i Filing they signed

TA **Thomas Alexander Hendry** Board Member i Form ADV

WL **William L. Kindorf** Executive Officer i Filing they signed

We also hold **50** 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

**$44B** assets it manages Oct 2026

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

- **Legal name:** Apogem Capital LLC
- **SEC number:** CRD 309234

Funds on its Form ADV

**102** private funds, **$16B** in gross assets · filed Nov 2024

Private equity **91** Securitised assets **9** Clo warehouse vehicle **1**

- Goldpoint Mezzanine Partners IV, L.P. *Private equity* 50 investors $1.2B
- Apogem Heritage Fund VI, L.P. *Private equity* 48 investors $1.0B
- Goldpoint Partners Select Manager Fund IV, L.P. *Private equity* 27 investors $967M
- Private Advisors Small Co Private Equity Fund VIII, L.P. *Private equity* 52 investors $565M
- Goldpoint Partners Private DEBT V, L.P. *Private equity* 25 investors $510M
- PA Small Co Private Equity Fund IX, L.P. *Private equity* 68 investors $486M
- PA Secondary Fund VI, L.P. *Private equity* 109 investors $475M
- MCF KB Fund III LLC *Private equity* 1 investor $468M
- MCF CLO IV LLC *Securitised assets* 2 investors $454M
- MCF CLO 10 LTD. *Clo warehouse vehicle* 2 investors $427M

And 92 more on the filing.

New fund on file

**$51M**

raised in Feb 2026

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

## The cheque

Growth

Median round joined **$64M** the round, not its cheque

Led 0 of 2 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Jun 2012

Rounds by stage said on their site

- Growth *1*

Cheques by year Led Joined

2002 2012

**Pitching Madison Capital Funding?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Quick answers about Madison Capital Funding

### What does Madison Capital Funding invest in?

Madison Capital Funding invests most often at Growth (100% of the rounds on record), in sectors such as Enterprise Software and Retail.

### How active is Madison Capital Funding?

2 investments on record, 0 of them in the last 12 months. The most recent was in Jun 2012.

### How big are Madison Capital Funding's cheques?

The median round it joins is $64M.

### Is Madison Capital Funding investing now?

No investments in the last 12 months; the latest was in Jun 2012.

### What kind of investor is Madison Capital Funding?

Madison Capital Funding is a VC firm based in United States.

### How much does Madison Capital Funding manage?

About $44B, as regulatory assets under management (Oct 2026).

### Has Madison Capital Funding raised a new fund?

Its latest fund filing with the SEC was in Feb 2026, reporting $51M raised.

### When was Madison Capital Funding founded?

Madison Capital Funding was founded in 2001.

## Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=madison-capital-funding) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=madison-capital-funding)
