# Terminus Capital Partners: portfolio, investments and team

> Terminus Capital Partners is a private equity based in United States. 2 investments on record, 1 in the last 12 months, latest Oct 2026.

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

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

# Terminus Capital Partners

Last cheque observed Oct 2026; 2 cheques on record.

Email

Private equity Deploying now Last fund, Feb 2025

Growth Buyout B2B Software

Follow Terminus Capital Partners and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fterminus-capital-partners)

Deploying now

**100%** of best year **1** **cheques in 12 months**, 2 on record

Since the last cheque **25** days **00** hrs **00** min **00** sec

Median round **$54M** Rounds led **1 of 2** Sole investor **1 rounds**

Pitch Terminus Capital Partners

## Terminus Capital Partners highlights

- 01 1 cheques in the last 12 months
- 02 Mostly Growth and Series B: 100% of its rounds
- 03 Sole investor in 1 rounds, median undisclosed

## What they do

> growth-oriented private equity firm focused exclusively on majority investments in B2B software companies. From their own website

- **Type:** Private equity
- **Cheque size:** Not stated
- **Stages:** Growth Buyout
- **Sectors:** B2B Software
- **Based in:** Atlanta, United States
- **Cold pitches:** Not stated

## The record

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

- **2026** 1 round
- **Oct** **[PickTrace](https://millionrounds.com/company/picktrace)** Growth · US · PR Newswire: venture capital **Undisclosed** *Led*
- **2018** 1 round
- **Jan** **[Liking Fit](https://millionrounds.com/company/liking-fit)** Series B · CN · China Money Network **$54M** With 4 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 **1 named**

RA **Richard Alexander Western** Managing Director i Form ADV

We also hold **5** 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

**$464M** assets it manages Oct 2026

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

- **Legal name:** TCP Management LLC
- **SEC number:** CRD 319179

## What they claim to have backed

From their own portfolio page (on their website)

**1** of 4 we have independently watched raise

[All Purple No Tag_482_322](https://millionrounds.com/company/discuss-io) Andesa_486-2 Eventus TCP Logo_CORRECT

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.

Latest fund on file

**Raised**

a fund in Feb 2025

From its SEC filing. Nothing newer is on file yet.

## The cheque

Growth Buyout

Median round joined **$54M** the round, not its cheque Alone, median **-**

Led 1 of 2 rounds **50%**

- **Sole investor:** 1 rounds
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Growth said *1*
- Series B *1*
- Buyout said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

**Pitching Terminus Capital Partners?** 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 *→*

## Recently backed

The latest companies Terminus Capital Partners put money into.

[**PickTrace** Oct 2026](https://millionrounds.com/company/picktrace)[**Liking Fit** $54M · Jan 2018](https://millionrounds.com/company/liking-fit)

## Quick answers about Terminus Capital Partners

### What does Terminus Capital Partners invest in?

Terminus Capital Partners invests most often at Growth and Series B (100% of the rounds on record), in sectors such as B2B Software.

### How active is Terminus Capital Partners?

2 investments on record, 1 of them in the last 12 months, and it led 1. The most recent was in Oct 2026.

### What has Terminus Capital Partners invested in recently?

Its most recent investments on record: PickTrace (Growth, Oct 2026) and Liking Fit (Series B, Jan 2018).

### How big are Terminus Capital Partners's cheques?

The median round it joins is $54M.

### Is Terminus Capital Partners investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

### What kind of investor is Terminus Capital Partners?

Terminus Capital Partners is a private equity firm based in Atlanta, United States.

### How much does Terminus Capital Partners manage?

About $464M, as regulatory assets under management (Oct 2026).

### Has Terminus Capital Partners raised a new fund?

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

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