Radian Capital LLC

Radian Capital LLC is an investment manager that provides discretionary private equity management to a series of pooled funds, managing approximately $1.94 billion in regulatory assets on behalf of institutional investors and accredited/qualified purchasers. The firm offers fund-level management rather than individual advisory accounts and receives customary management fees and carried interest pursuant to its funds’ offering documents.

Radian concentrates on growth equity investments in business software and tech-enabled companies, typically deploying $10 million to $60 million per portfolio company and targeting businesses with roughly $5 million to $30 million in revenue. The firm pursues capital-efficient equity structures and both controlling and non-controlling positions, with formal allocation and approval processes intended to address conflicts that can arise from performance-based compensation.

Compared with many peers, Radian explicitly integrates and cautions about the use of artificial intelligence — both as an investment theme among portfolio companies and as a tool in its own research and operations — and documents protocols to manage associated legal, intellectual property and operational risks. The firm also operates with a willingness to concentrate capital (including the possibility of investing up to a meaningful portion of fund commitments in single companies), to form co-investment SPVs, and to enter side letters that grant certain limited partners preferential rights, practices that can materially affect fund-level exposures and alignments.