# Turn/River Capital: portfolio, investments and team > Turn/River Capital is a private equity based in United States. 7 investments on record, latest Oct 2018. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/turn-river-capital (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Turn/River Capital Filed with the SEC to raise a fund in Mar 2025, closing $93M. Last cheque observed Oct 2018. Quiet New fund $93M, Mar 2025 Private equity Venture Seed Series A Film Web Browsers Fintech Cheques on record **0%** of best year **0** **cheques in 12 months**, 7 on record Since the last cheque **2930** days **00** hrs **00** min **00** sec Median round **$32M** Rounds led **0 of 7** Sole investor **6 rounds** Exits **1 from the portfolio** Mostly in **United States, 86%** Pitch Turn/River Capital ## Turn/River Capital highlights - 01 7 rounds on record - 02 Mostly Venture and Seed: 80% of its rounds - 03 Sole investor in 6 rounds, median $32M - 04 1 exits from the portfolio ## What they do - **Type:** Private equity (from a list, unverified) - **Cheque size:** Not stated - **Sectors:** Film Web Browsers Fintech - **Based in:** San Francisco, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **7 appearances** - **2018** 2 rounds - **Oct** **[Thinq](https://millionrounds.com/company/thinq)** US · Apnews **$24M** Sole investor - **Mar** **[Netsparker](https://millionrounds.com/company/netsparker)** GB · FinSMEs **$40M** Sole investor - **2015** 2 rounds - **Nov** **[test IO](https://millionrounds.com/company/test-io)** Series A · US **$5.0M** With 1 other - **Apr** **[Airbrake.io](https://millionrounds.com/company/airbrake-io)** Seed · US **Undisclosed** Sole investor - **2014** 1 round - **Nov** **[Reviewsnap](https://millionrounds.com/company/reviewsnap)** Venture · US **Undisclosed** Sole investor - **2013** 1 round - **Oct** **[Sucuri](https://millionrounds.com/company/sucuri)** Venture · US **Undisclosed** Sole investor - **2012** 1 round - **Mar** **[BookFresh](https://millionrounds.com/company/bookfresh)** Venture · US **Undisclosed** 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 **3 named** DA **Dominic Ang** Managing Partner; Limited Partner i Form ADV EN **Evan Neal Ginsburg** Chief Compliance Officer / Chief Operating Officer / Partner i Form ADV JS **Julie Suzanne Pellegrini** Chief Financial Officer / Partner i Form ADV We also hold **10** 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 **$6.6B** assets it manages Oct 2026 **Registered** investment adviser full reporting to the SEC - **Legal name:** Turn/river Management, L.P. - **SEC number:** CRD 165897 Funds on its Form ADV **16** private funds, **$2.7B** in gross assets · filed Mar 2024 - TURN/River Capital V (QP-A), L.P. *Private equity* 31 investors $1.1B - TURN/River Capital IV (QP-A), L.P. *Private equity* 15 investors $443M - TURN/River Capital III (QP-A), L.P. *Private equity* 9 investors $404M - TURN/River Capital IV (CO-Investment A), L.P. *Private equity* 17 investors $256M - TURN/River Capital V (QP-B), L.P. *Private equity* 14 investors $234M - TURN/River Capital IV (QP-B), L.P. *Private equity* 7 investors $115M - TURN/River Capital II (QP), L.P. *Private equity* 4 investors $41M - TURN/River Capital III (QP-B), L.P. *Private equity* 2 investors $27M - TURN/River Capital V (AI), L.P. *Private equity* 54 investors $25M - TURN/River Capital II (Parallel), L.P. *Private equity* 2 investors $17M And 6 more on the filing. ## Exits from the portfolio Companies it backed that were later bought or listed **1 in all** **[BookFresh](https://millionrounds.com/company/bookfresh)** Bought by Square **Undisclosed** Feb 2014 An exit counts when it came after the firm's first round in the company. From historical deal records. New fund on file **$93M** raised in Mar 2025 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Venture Seed Series A Median round joined **$32M** the round, not its cheque Alone, median **$32M** Led 0 of 7 rounds **0%** - **Sole investor:** 6 rounds - **Last cheque:** Oct 2018 - **Exits:** 1 from the portfolio Rounds by stage said on their site - Venture *3* - Seed *1* - Series A *1* Cheques by year Led Joined 2012 2018 **Pitching Turn/River Capital?** 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 Turn/River Capital ### What does Turn/River Capital invest in? Turn/River Capital invests most often at Venture and Seed (80% of the rounds on record), in sectors such as Film, Web Browsers and Fintech. ### How active is Turn/River Capital? 7 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2018. ### What has Turn/River Capital invested in recently? Its most recent investments on record: Thinq (Undisclosed round, Oct 2018) and Netsparker (Undisclosed round, Mar 2018). ### How big are Turn/River Capital's cheques? The median round it joins is $32M. ### Does Turn/River Capital lead rounds? Rarely, if at all: none of its 7 investments on record names it as the lead. ### Where does Turn/River Capital invest? Most of the companies it backs are in the United States (86%) and the United Kingdom (14%). ### Is Turn/River Capital investing now? No investments in the last 12 months; the latest was in Oct 2018. ### What kind of investor is Turn/River Capital? Turn/River Capital is a private equity firm based in San Francisco, United States. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. 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