Nextgen Growth Partners, LLC logo

Nextgen Growth Partners, LLC

Updated today

Total assets under management

$293,707,610

Total clients

0

Total advisors

0

of 15 employees

Firm size

Investment Manager

May not manage individual clients

Average clients per advisor

Average account size

About

NextGen Growth Partners manages a series of pooled private investment vehicles structured as limited partnerships, providing discretionary investment management to those funds and their general partners. The firm concentrates on private equity and equity‑related control investments in EBITDA‑positive lower‑middle‑market companies, typically pursuing buyouts of businesses in the approximately $1 million to $5 million EBITDA range.

NextGen follows an operator‑led approach that pairs CEOs‑in‑Residence or Executives‑in‑Search with its investment team to source transactions, execute deals, and drive post‑acquisition operational improvements. The firm emphasizes proprietary sourcing and active, concentrated portfolio management supported by an internal Operations Group and co‑investment arrangements.

Noteworthy aspects include the firm’s routine use of side letters that can grant certain investors bespoke rights (for example, reporting, co‑investment access, or fee concessions) without requiring disclosure to other limited partners. The firm also enters management agreements with portfolio companies that generate operating fees payable to its Operations Group (treated as partnership expenses rather than automatically offsetting fund management fees) and maintains formal policies addressing emerging technology risks such as AI.

Client services

Portfolio management

Expertise

Private / alternative investments Business sale tax planning Business ownership considerations

Occupation focus

Founder/Business Owner Executive

Fee options

Percentage

Commitments for the first 5 years (investment period)+: 2% of commitments for the first 5 years After investment period+: 2% of invested capital thereafter

Performance-based

Performance-based incentive compensation (Carried Interest) subject to conditions and distribution waterfalls as set forth in Operative Documents

Main office location

Nextgen Growth Partners, LLC

320 S. Canal Street, Suite 2800

Chicago IL 60606, United States

Number of offices

2

Most active in

Illinois

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Warmer team member

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