Northleaf Capital Partners logo

Northleaf Capital Partners

North America, Ontario, Canada, Toronto

Description

Northleaf Capital Partners is a leading global private markets investment firm headquartered in Toronto, Canada, with a substantial international presence. The firm is dedicated to managing capital on behalf of a diverse base of institutional investors, including pension plans, endowments, foundations, and financial institutions. Northleaf's investment strategy spans three core areas: private equity, private credit, and infrastructure. As of recent disclosures, Northleaf manages over US$26 billion in commitments across these private market strategies, underscoring its significant scale and influence in the alternative asset landscape.

Within its private equity program, Northleaf employs a comprehensive approach that includes primary fund commitments, secondary transactions, and direct co-investments. This multi-pronged strategy allows the firm to access a broad spectrum of private equity opportunities globally, partnering with leading general partners and investing directly alongside them in promising companies. Their focus is on building diversified portfolios designed to deliver long-term capital appreciation for their institutional clients, leveraging deep industry relationships and extensive due diligence capabilities.

Beyond private equity, Northleaf is also a significant player in private credit and infrastructure. Their private credit program specializes in providing flexible financing solutions to mid-market companies across North America and Europe. These direct lending transactions typically range from US$25 million to US$100 million per deal, offering tailored capital structures to support growth, acquisitions, and recapitalizations. The infrastructure program, similarly, targets mid-market assets globally, focusing on essential services and long-term, stable cash flows. Northleaf's integrated approach across these distinct but complementary asset classes allows it to offer a diversified suite of private market solutions to its global investor base.

Northleaf Capital Partners distinguishes itself through its long-standing track record, global reach, and commitment to responsible investing. With offices in major financial hubs worldwide, the firm maintains a global perspective while executing local expertise. Their role as a trusted partner for institutional investors highlights their capacity to identify, execute, and manage complex private market investments, contributing to the financial health and growth of their clients' portfolios.

Investor Profile

Northleaf Capital Partners has backed more than 24 startups, with 3 new investments in the last 12 months alone. The firm has led 5 rounds, about 21% of its total and boasts 17 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series C, Private Equity, Series Unknown rounds (top funding stages).
  • Majority of deals are located in Canada, United States, United Kingdom.
  • Strong thematic focus on Software, Biotechnology, Therapeutics.
  • Led 3 rounds in the past year.
  • Typical check size: $25M – $100M.

Stage Focus

  • Series C (21%)
  • Private Equity (21%)
  • Series Unknown (17%)
  • Series D (8%)
  • Series A (8%)
  • Debt Financing (8%)
  • Post Ipo Equity (4%)
  • Secondary Market (4%)
  • Series B (4%)
  • Series E (4%)

Country Focus

  • Canada (58%)
  • United States (29%)
  • United Kingdom (8%)
  • Switzerland (4%)

Industry Focus

  • Software
  • Biotechnology
  • Therapeutics
  • Data Center
  • Data Storage
  • Video
  • Virtual Desktop
  • Security
  • E-commerce
  • Medical
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Northleaf Capital Partners frequently co-invest with?

Mesirow Financial
North America, Illinois, United States, Chicago
Co-Investments: 3
Silver Creek Ventures
North America, Texas, United States, Dallas
Co-Investments: 3
InterWest Partners
North America, California, United States, Menlo Park
Co-Investments: 3
Teralys Capital
North America, Quebec, Canada, Montréal
Co-Investments: 3
Versant Ventures
North America, California, United States, Menlo Park
Co-Investments: 3
Focus Ventures
North America, California, United States, Palo Alto
Co-Investments: 3
BDC Venture Capital
North America, Alberta, Canada, Calgary
Co-Investments: 3
Export Development Canada
North America, Ontario, Canada, Ottawa
Co-Investments: 3
Lightspeed Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 3
Georgian
North America, Ontario, Canada, Toronto
Co-Investments: 5

Which angels does Northleaf Capital Partners often collaborate with?

Micheal Hyatt
North America, Ontario, Canada, Toronto
Shared Deals: 1
Mark Cowie
North America, Ontario, Canada, Toronto
Shared Deals: 1
RS
North America, California, United States, San Francisco
Shared Deals: 1
Shared Deals: 1

What are some of recent deals done by Northleaf Capital Partners?

Butn

Sydney, New South Wales, Australia

Butn offers a Funding Solution Suite that changes the way funding works in businesses.

FinanceFinancial ServicesFinTech
Post Ipo DebtJul 2, 2025
Amount Raised: $65,805,839
GoldState Music

Orlando, Florida, United States

GoldState Music is a private investment firm that focuses on the music sector.

FinanceFinancial ServicesVenture Capital
Private EquityApr 17, 2025
Amount Raised: $500,000,000
Shared Tower

Oakville, Ontario, Canada

Canadian Telecommunications Infrastructure Developer and Operator

Private EquityMar 12, 2025
Amount Raised: $69,639,289
CCM Hockey

Montréal, Quebec, Canada

CCM Hockey sells skates, sticks, and helmet equipment.

ManufacturingMarketing
Private EquityJan 9, 2025
Bright Peak Therapeutics

Basel, Basel-Stadt, Switzerland

Bright Peak is a biotech company that develops a portfolio of immunotherapies for the treatment of cancer and autoimmune diseases.

BiotechnologyLife ScienceMedicalTherapeutics
Series CJun 11, 2024
Amount Raised: $90,000,000
Cutting Edge Media Music

London, England, United Kingdom

Cutting Edge focuses on music for media (including services for such music), music for wellbeing, and live entertainment.

AdvertisingFilmMedia and EntertainmentMusic
Debt FinancingApr 15, 2024
Amount Raised: $500,000,000
GoBolt

Toronto, Ontario, Canada

GoBolt provides a tech-forward approach to fulfillment and sustainable last mile delivery.

E-CommerceLast Mile TransportationLogistics
Series CDec 7, 2022
Amount Raised: $54,930,206
DataBank

Dallas, Texas, United States

DataBank is an information management and security company offering customized technology solutions to businesses.

ConsultingInformation TechnologyRisk Management
Secondary MarketAug 30, 2022
Amount Raised: $1,500,000,000
GoBolt

Toronto, Ontario, Canada

GoBolt provides a tech-forward approach to fulfillment and sustainable last mile delivery.

E-CommerceLast Mile TransportationLogistics
Series BNov 8, 2021
Amount Raised: $60,274,369
Turnstone Biologics

La Jolla, California, United States

Turnstone Biologics is a privately-held clinical stage biotech company.

BiotechnologyInnovation ManagementTherapeutics
Series DJul 14, 2021
Amount Raised: $79,999,979