# NextGen Growth Partners: portfolio, investments and team

> NextGen Growth Partners is a private equity based in United States. Portfolio, stages, co-investors and team.

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

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

# NextGen Growth Partners

No observed cheques in the sources we track. That is a limit of our coverage, not a finding about this organisation.

Unknown New fund $71M, Jul 2024 Private equity

Buyout Lower Middle Market

Cheques on record

**No rounds observed yet** A limit of the sources we read, not a finding about the firm.

Pitch NextGen Growth Partners

## What they do

> NGP is a private equity firm that partners with entrepreneurial talent to invest in, operate and grow lower middle market businesses. From their own website

- **Type:** Private equity
- **Cheque size:** Not stated
- **Stages:** Buyout
- **Sectors:** Lower Middle Market
- **Based in:** Chicago, United States
- **Cold pitches:** Not accepted

## The record

No rounds observed yet. That is a limit of the sources we read, not a finding about the firm. If it has invested, a round will put it here. [Know a round it was in? Tell us](https://millionrounds.com/corrections?slug=nextgen-growth-partners).

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **2 named**

BO **Brian O'Connor** Executive Officer, Promoter i Filing they signed

RM **Richard Marvin Herrick** Chief Compliance Officer and Chief Financial Officer i Form ADV

We also hold **42** 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

**$294M** assets it manages Oct 2026

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

- **Legal name:** Nextgen Growth Partners, LLC
- **SEC number:** CRD 285024

Funds on its Form ADV

**4** private funds, **$235M** in gross assets · filed Mar 2024

- NextGen Growth Partners Fund I, L.P. *Private equity* 99 investors $106M
- NextGen Growth Partners Fund II, L.P. *Private equity* 75 investors $95M
- NextGen Growth Partners Fund II-B, L.P. *Private equity* 46 investors $19M
- NGP II ABD Co-Invest, L.P. *Private equity* 2 investors $14M

## What they claim to have backed

From their own portfolio page (on their website)

**1** of 17 we have independently watched raise

[Robo](https://millionrounds.com/company/robo) Computersmadeeasy ConData Founded in Hellogrip JMG Marketing Jeafinancialgroup MHW Morrisheating Plumbinganddrainpro Pmpmg Ppsgr Qnsk12 Record Connect Sunrise Landscape Texasecogrow Tristarnash Westcoastlawns

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.

New fund on file

**$71M**

raised in Jul 2024

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

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

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## Quick answers about NextGen Growth Partners

### What does NextGen Growth Partners invest in?

NextGen Growth Partners says it invests in Lower Middle Market.

### Is NextGen Growth Partners investing now?

No investments in the last 12 months.

### What kind of investor is NextGen Growth Partners?

NextGen Growth Partners is a private equity firm based in Chicago, United States.

### How much does NextGen Growth Partners manage?

About $294M, as regulatory assets under management (Oct 2026).

### Has NextGen Growth Partners raised a new fund?

Its latest fund filing with the SEC was in Jul 2024, reporting $71M raised.

### Where does this information on NextGen Growth Partners come from?

From public registers and its own website, checked and rebuilt every night.

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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=nextgen-growth-partners) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=nextgen-growth-partners)