DFX Intelligence

Data Factory

Private equityFirmbuyout · probablemiddle market

Cartesian Capital Group

Private Equity

New York, NY

We build businesses. Cartesian is a global private equity firm with a demonstrated ability to grow companies internationally. About Cartesian Our investment discipline Our team The Modern President Economics in Wonderland https://d1io3yog0oux5.cloudfront.net/_4da98c6f5b11e423820d6a0e41abc114/slcr/db/1907/17525/file/85170b3a6ed0a0d53308420845861be8.mp4 Speculations on Living (& Investing) in a Post-Truth World Our investment philosophy https://www.youtube.com/watch?v=pXdkOwA2B_whttps://vimeo.com/272762002

This is the graph view. The full profile, with its team, deals and sources, is on Private Equity.Open the full profile →

Search this name across graphsid dfx:pe:e363c660-42b4-45ef-bf26-36283692092d

Data as of Sep 16, 2026 (this record's last observation) from federal regulator filings, firm and issuer disclosures. Page built Sep 20, 2026, 2:40 AM UTC and rebuilt at most every 15 minutes.

Relationships: 60
Dated events: 25
On other graphs: 2
Observed: Sep 13, 2026 to Sep 16, 2026
32 observations

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand

Independent Sponsorsidentity

Cartesian Capital Group

Capital provider to sponsors · shared crd

RIA / Wealth Managementidentity

CARTESIAN CAPITAL GROUP

Registered adviser · shared crd

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Funds: 16
PE funds: 16
Vintages: 2019 to 2021
PE GAV, 2024 filing: $1.1Bgross asset value on Form ADV; never dry powder
Regulatory AUM: $1.1B
Investments: 39
Active investments: 0
Size band: MIDDLE MARKETderivedproxy: $1.13bn Private Equity Fund GAV on the Form ADV filed 2024-03-28
Stated sectors: financial_services
Latest ADV filing: Mar 28, 2024
Employees (ADV): 24
Website: cartesiangroup.com

Funds

Fund	Vintage	Lifecycle	ADV type	Form D sold	GAV
CAR Car, LLC	2021	Wound down	Private Equity Fund	n/a	$42.6M
Pangaea Three-B. LP	2019	Mature	Private Equity Fund	n/a	$355M
Pangaea One Co-Investment Fund, L.P.	n/a	Wound down	Private Equity Fund	n/a	$0
Cartesian Investors-A, LLC	n/a	Wound down	Private Equity Fund	n/a	$10.2M
Cartesian Iris Offshore Fund, L.P.	n/a	Early deployment	Private Equity Fund	n/a	$93.2M
Pangaea One, L.P.	n/a	Harvest	Private Equity Fund	n/a	$12.1M
Cartesian Iris, L.P.	n/a	Unknown	Private Equity Fund	n/a	$0
Cartesian Iris Offshore Intermediate Fund, L.P.	n/a	Unknown	Private Equity Fund	n/a	$0
Pangaea One Parallel Fund, L.P.	n/a	Harvest	Private Equity Fund	n/a	$8.0M
Cartesian Iris Master Fund, L.P.	n/a	Active deployment	Private Equity Fund	n/a	$710M
Pangaea One Parallel (b), L.P.	n/a	Harvest	Private Equity Fund	n/a	$3.3M
Pangaea One (cayman), L.P.	n/a	Harvest	Private Equity Fund	n/a	$6.2M
Pangaea One Feeder Fund, L.P.	n/a	Unknown	Private Equity Fund	n/a	$0
Pangaea Two, LP	n/a	Harvest	Private Equity Fund	n/a	$517M
Pangaea Two Parallel, LP	n/a	Harvest	Private Equity Fund	n/a	$229M
Pangaea One - Rdv Co-Investment Fund, L.P.	n/a	Wound down	Private Equity Fund	n/a	$0

Investments

Company	State	Role	Control	Invested	Exited	Status
Westport Fuel Systems	n/a	unknown	unknown	n/a	n/a	unknown
Cartesian Re	n/a	unknown	unknown	n/a	n/a	unknown
Tim Hortons China	n/a	unknown	unknown	n/a	n/a	unknown
AlTi	n/a	unknown	unknown	n/a	n/a	unknown
Nitron Group Corporation	n/a	unknown	unknown	n/a	n/a	unknown
Grupo Ser Educacional	n/a	unknown	unknown	n/a	n/a	unknown
PolyNatura	n/a	unknown	unknown	n/a	n/a	unknown
BK China	n/a	unknown	unknown	n/a	n/a	unknown
redIT	n/a	unknown	unknown	n/a	n/a	unknown
Flybondi	n/a	unknown	unknown	n/a	n/a	unknown
Cartesian Royalty Holdings	n/a	unknown	unknown	n/a	n/a	unknown
Flemingo International	n/a	unknown	unknown	n/a	n/a	unknown
Moscow Exchange	n/a	unknown	unknown	n/a	n/a	unknown
Banco Daycoval	n/a	unknown	unknown	n/a	n/a	unknown
Fondul Proprietatea	n/a	unknown	unknown	n/a	n/a	unknown
Pangaea Wireless	n/a	unknown	unknown	n/a	n/a	unknown
Pangaea Logistics Solutions	n/a	unknown	unknown	n/a	n/a	unknown
Public Mobile	n/a	unknown	unknown	n/a	n/a	unknown
ASO 2020 Maritime	n/a	unknown	unknown	n/a	n/a	unknown
Thermal Management Solutions	n/a	unknown	unknown	n/a	n/a	unknown
ReSearch Pharmaceutical Services	n/a	unknown	unknown	n/a	n/a	unknown
Aqua Comms	n/a	unknown	unknown	n/a	n/a	unknown
Baoxin Auto Group	n/a	unknown	unknown	n/a	n/a	unknown
Comercializadora Círculo CCK	n/a	unknown	unknown	n/a	n/a	unknown
Globe Specialty Metals	n/a	unknown	unknown	n/a	n/a	unknown
Brilia	n/a	unknown	unknown	n/a	n/a	unknown
DWF Group	n/a	unknown	unknown	n/a	n/a	unknown
Simba Sleep	n/a	unknown	unknown	n/a	n/a	unknown
TAB Gida	n/a	unknown	unknown	n/a	n/a	unknown
BTS Torres	n/a	unknown	unknown	n/a	n/a	unknown

Relationships

Invested in (39)

→ FlybondiCompanyunknown
factThe subject's own site
→ ASO 2020 MaritimeCompanyunknown
factThe subject's own site
→ Thermal Management SolutionsCompanyunknown
factThe subject's own site
→ ReSearch Pharmaceutical ServicesCompanyunknown
factThe subject's own site
→ Aqua CommsCompanyunknown
factThe subject's own site
→ Baoxin Auto GroupCompanyunknown
factThe subject's own site
→ Comercializadora Círculo CCKCompanyunknown
factThe subject's own site
→ Globe Specialty MetalsCompanyunknown
factThe subject's own site
→ BriliaCompanyunknown
factThe subject's own site
→ DWF GroupCompanyunknown
factThe subject's own site
→ Simba SleepCompanyunknown
factThe subject's own site
→ TAB GidaCompanyunknown
factThe subject's own site
→ BTS TorresCompanyunknown
factThe subject's own site
→ Viva GroupCompanyunknown
factThe subject's own site
→ Aloo TelecomCompanyunknown
factThe subject's own site
→ TiendamiaCompanyunknown
factThe subject's own site
→ Waypoint Leasing HoldingsCompanyunknown
factThe subject's own site
→ CGC IICompanyunknown
factThe subject's own site
→ PescanovaCompanyunknown
factThe subject's own site
→ Popeyes ChinaCompanyunknown
factThe subject's own site
→ Cartesian Specialty FinanceCompanyunknown
factThe subject's own site
→ NorthStarCompanyunknown
factThe subject's own site
→ Westport Fuel SystemsCompanyunknown
factThe subject's own site
→ Cartesian ReCompanyunknown
factThe subject's own site
→ Tim Hortons ChinaCompanyunknown
factThe subject's own site
→ AlTiCompanyunknown
factThe subject's own site
→ Nitron Group CorporationCompanyunknown
factThe subject's own site
→ Grupo Ser EducacionalCompanyunknown
factThe subject's own site
→ PolyNaturaCompanyunknown
factThe subject's own site
→ BK ChinaCompanyunknown
factThe subject's own site
and 9 more

Employs (5)

→ Peter M. YuPersonManaging Member
May 1, 2005 to presentfactForm ADV
→ Geoffrey L. HamlinPersonChief Compliance Officer, Managing Member
May 1, 2005 to presentfactForm ADV
→ Paul G. PizzaniPersonManaging Member, Chief Financial Officer
May 1, 2005 to presentfactForm ADV
→ Thomas R ArmstrongPersonManaging Member, Cartesian Capital Group, Llc
May 1, 2005 to Mar 30, 2016inferenceForm ADV
→ William W. JaroszPersonLimited Partner, Pangaea Two Management, Lp
May 1, 2010 to Mar 30, 2017inferenceForm ADV

Manages (16)

→ Cartesian Iris Offshore Intermediate Fund, L.P.FundPrivate Equity Fund
Feb 14, 2012 to presentfactForm ADV
→ Cartesian Investors-A, LLCFundPrivate Equity Fund
Feb 14, 2012 to presentfactForm ADV
→ Pangaea Three-B. LPFundPrivate Equity Fund
Mar 29, 2019 to presentfactForm ADV
→ CAR Car, LLCFundPrivate Equity Fund
Mar 30, 2021 to presentfactForm ADV
→ Pangaea One, L.P.FundPrivate Equity Fund
Feb 14, 2012 to presentfactForm ADV
→ Pangaea Two, LPFundPrivate Equity Fund
Feb 14, 2012 to presentfactForm ADV
→ Pangaea One Feeder Fund, L.P.FundPrivate Equity Fund
Feb 14, 2012 to presentfactForm ADV
→ Cartesian Iris, L.P.FundPrivate Equity Fund
Feb 14, 2012 to presentfactForm ADV
→ Cartesian Iris Offshore Fund, L.P.FundPrivate Equity Fund
Feb 14, 2012 to presentfactForm ADV
→ Cartesian Iris Master Fund, L.P.FundPrivate Equity Fund
Feb 14, 2012 to presentfactForm ADV
→ Pangaea One - Rdv Co-Investment Fund, L.P.FundPrivate Equity Fund
Feb 14, 2012 to presentfactForm ADV
→ Pangaea Two Parallel, LPFundPrivate Equity Fund
Feb 14, 2012 to presentfactForm ADV
→ Pangaea One Parallel Fund, L.P.FundPrivate Equity Fund
Feb 14, 2012 to presentfactForm ADV
→ Pangaea One Parallel (b), L.P.FundPrivate Equity Fund
Feb 14, 2012 to presentfactForm ADV
→ Pangaea One (cayman), L.P.FundPrivate Equity Fund
Feb 14, 2012 to presentfactForm ADV
→ Pangaea One Co-Investment Fund, L.P.FundPrivate Equity Fund
Feb 14, 2012 to presentfactForm ADV

Dated events

21 bookkeeping events (roster, classification and holdings changes) folded below

Occurred
Mar 30, 2017
Person left
William Wasyl Jarosz (Limited Partner, Pangaea Two Management, Lp) no longer on Schedule A of Cartesian Capital Group
Form ADVobserved 6 days ago
Occurred
Mar 30, 2016
Person left
Thomas Robert Armstrong (Managing Member, Cartesian Capital Group, Llc) no longer on Schedule A of Cartesian Capital Group
Form ADVobserved 6 days ago
Occurred
Feb 14, 2012
Adviser first adv filing
Cartesian Capital Group first filed Form ADV in the extract (IA)
Form ADVobserved 6 days ago
Occurred
May 1, 2005
Person joined
Thomas R Armstrong joined Schedule A of Cartesian Capital Group as Managing Member, Cartesian Capital Group, Llc
Form ADVobserved 6 days ago

Show 21 bookkeeping events

Occurred
Mar 30, 2026
Cartesian Capital Group: Private Equity Funds on Form ADV 7 (2024 extract) -> 3 (roster 2026-09-01)
Occurred
Mar 31, 2022
Fund 805-4495820196 no longer reported on Form ADV by Cartesian Capital Group
Occurred
Mar 30, 2021
CAR Car, LLC first reported on Form ADV by Cartesian Capital Group (Private Equity Fund), GAV $42,602,172
Occurred
Mar 29, 2019
Fund 805-4292690864 no longer reported on Form ADV by Cartesian Capital Group
Occurred
Mar 29, 2019
Pangaea Three-B. LP first reported on Form ADV by Cartesian Capital Group (Private Equity Fund), GAV $267,000,000
Occurred
Mar 30, 2017
Fund 805-7520400596 no longer reported on Form ADV by Cartesian Capital Group
Occurred
Mar 30, 2016
Fund 805-2557605916 no longer reported on Form ADV by Cartesian Capital Group
Occurred
Feb 14, 2012
Pangaea One Co-Investment Fund, L.P. first reported on Form ADV by Cartesian Capital Group (Private Equity Fund), GAV $292,854,651
Occurred
Feb 14, 2012
Pangaea Two Parallel, LP first reported on Form ADV by Cartesian Capital Group (Private Equity Fund), GAV $271,650,000
Occurred
Feb 14, 2012
Cartesian Iris, L.P. first reported on Form ADV by Cartesian Capital Group (Private Equity Fund)
Occurred
Feb 14, 2012
Cartesian Iris Offshore Fund, L.P. first reported on Form ADV by Cartesian Capital Group (Private Equity Fund), GAV $89,884,848
Occurred
Feb 14, 2012
Cartesian Iris Master Fund, L.P. first reported on Form ADV by Cartesian Capital Group (Private Equity Fund)
Occurred
Feb 14, 2012
Cartesian Iris Offshore Intermediate Fund, L.P. first reported on Form ADV by Cartesian Capital Group (Private Equity Fund)
Occurred
Feb 14, 2012
Cartesian Investors-A, LLC first reported on Form ADV by Cartesian Capital Group (Private Equity Fund), GAV $6,119,787
Occurred
Feb 14, 2012
Pangaea One, L.P. first reported on Form ADV by Cartesian Capital Group (Private Equity Fund), GAV $238,078,866
Occurred
Feb 14, 2012
Pangaea One (cayman), L.P. first reported on Form ADV by Cartesian Capital Group (Private Equity Fund), GAV $129,996,303
Occurred
Feb 14, 2012
Pangaea One Parallel (b), L.P. first reported on Form ADV by Cartesian Capital Group (Private Equity Fund), GAV $62,131,022
Occurred
Feb 14, 2012
Pangaea One Parallel Fund, L.P. first reported on Form ADV by Cartesian Capital Group (Private Equity Fund), GAV $125,673,145
Occurred
Feb 14, 2012
Pangaea One Feeder Fund, L.P. first reported on Form ADV by Cartesian Capital Group (Private Equity Fund), GAV $114
Occurred
Feb 14, 2012
Pangaea Two, LP first reported on Form ADV by Cartesian Capital Group (Private Equity Fund), GAV $519,350,000
Occurred
Feb 14, 2012
Pangaea One - Rdv Co-Investment Fund, L.P. first reported on Form ADV by Cartesian Capital Group (Private Equity Fund), GAV $77,993,892

Who to call

the organisation, the role and the published line, with the filing or website that published it; revealed to signed-in accounts

The firm's published line

Revealable: 1 business phone (Form ADV), 1 office address (Form ADV), 1 website (Form ADV) · as of 2026-09-13

Also named here, with no published line of their own (reach them through the firm): Peter M. Yu (Managing Member), Geoffrey L. Hamlin (Chief Compliance Officer, Managing Member), Paul G. Pizzani (Managing Member, Chief Financial Officer).

Who to call is the organisation, the person's role and the line they published themselves: a business phone, office address, website or profile link from Form ADV, Form 13F or their own website, with that source named on every value. The counts above are what a reveal returns; a personal email is rarely published, so most reveals are the firm's line. Never data bought from a provider, never anything personal. Reveals by plan

Provenance

Graph: Private Equity
Canonical id: dfx:pe:e363c660-42b4-45ef-bf26-36283692092d
First observed: Sep 13, 2026
Last observed: Sep 16, 2026 3 days ago
Source families: Federal regulator filings, Firm and issuer disclosures
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

Cartesian Capital Group

Private Equity

New York, NY

This is the graph view. The full profile, with its team, deals and sources, is on Private Equity.Open the full profile →

Search this name across graphsid dfx:pe:e363c660-42b4-45ef-bf26-36283692092d

Data as of Sep 16, 2026 (this record's last observation) from federal regulator filings, firm and issuer disclosures. Page built Sep 20, 2026, 2:40 AM UTC and rebuilt at most every 15 minutes.