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N••••••• C•••••• P•••••••

Hybrid managerClassification probableunsized· New York, NY

••• Locked

Regulatory AUM
$17B
Form ADV
PE fund assets
Not established
PE funds
8
Form ADV
Investments held
5 of 13
DFX transaction tape
Deals, last 12 months
2
DFX transaction tape
As of · identity and classification; each section below carries its own date
Why this matters
Classification
How this organization is classified, and on what basisHybrid manager · 1 in historyShow
Class
Hybrid managerprobable, confidence 65%
Basis
R4: Private Equity Funds are 0 of 1 distinct vehicles; hedge, securitized or liquidity vehicles 0
Size band
unsizeddefined by: no Private Equity Fund GAV on a filing from 2021 or later
Classification history (1)
  1. Sep 14, 2026
    Hybrid manager (probable, 65%, cls-pe-2)
    R4: Private Equity Funds are 0 of 1 distinct vehicles; hedge, securitized or liquidity vehicles 0
Regulatory footprint (Form ADV)
Adviser type
unknown
Form ADV filings
? to Mar 30, 2026
RAUM
$17Bregulatory assets under management of the adviser; not dry powder, not a fund size
PE funds, latest filing
8
PE fund GAV, latest filing
unknownreported gross assets (Form ADV), not fund size
All private fund GAV
$17Bevery private fund type, latest filing
2024 PE fund GAV
unknownsum over funds typed Private Equity Fund with a 2024 or later as-of date
PE share of funds, lifetime
unknown
Employees
unknown
Stated criteria beside observed behaviour
12 observed deals
Stated by the firm
Sectors
technology
Geography
North America, Europe
Revenue
$100M to $750M
EBITDA
$20.0M to $80.0M
Enterprise value
not stated or not yet read
Equity check
$30.0M to $150M
Control
not stated or not yet read
Thesis
••• Locked
Observed from deals on record
roles
unknown 11, platform 2
period
to 2026-09-16, from 2026-09-16, undated holdings 11, dated observations 4
window
last 2026-09-16, first 2026-09-16
control
control 2, unknown 11
companies
12
geography
investments
13
seller kinds
founder 2
transactions
2
cadence by year
2026 platforms 2
platform add on
add ons 0, platforms 2, add ons per platform unknown
sector known for
2
disclosed value usd
n 0
sector distribution
count 2, share 0.167, value tech enabled services, examples MSP Corp., Merlin Cyber
holding period years
n 0
repeat counterparties
subsector distribution
count 2, share 0.167, value it services msp, examples MSP Corp., Merlin Cyber

12 companies on the graph (2 transactions); most in tech enabled services (2); 2 platforms and 0 add-ons; observed 2026 to 2026

Funds
0 on record
No fund collected for this firm yet. Funds arrive from Form ADV Schedule D 7.B.(1) and Form D filings.
Team
12 current, 0 former
Partner (7)
Capital markets (1)
Investor relations (1)
Portfolio
13 relationships, 2 platforms, 0 add-ons
CompanyRoleStatusInvestedHeldPartnerSource
M•• C••••PlatformactiveSep 16, 2026
transaction announcement
0 monthsO••••• B••••• (confirmed)Fact Press release wires (PR Newswire, GlobeNewswire, Business Wire public pages and RSS)
M•• C••••PlatformactiveSep 16, 2026
transaction announcement
0 monthsO••••• B••••• (confirmed)Fact Press release wires (PR Newswire, GlobeNewswire, Business Wire public pages and RSS)
A•••••• M•••••••••Role unknownexitedunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
C•••••Role unknownexitedunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
F•••••••• S•••••••••Role unknownexitedunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
I••••••Role unknownexitedunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
I•••••••• G••••• S•••••••Role unknownexitedunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
M••••• C••••Role unknownactiveunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
N•••••••Role unknownactiveunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
n•••••Role unknownexitedunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
O•••• I•••••••••Role unknownexitedunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
P•••• S•••••••••Role unknownactiveunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
W••••••••Role unknownexitedunknownunknownunknownFact Investment organization websites (team, portfolio, strategy, criteria, news)
Transactions
2 on record
DateTypeTargetThis firm’s roleSource
Sep 16, 2026Platform acquisitionM•• C••••Sponsor (confirmed)n•••••••••.com
Sep 16, 2026Platform acquisitionM•• C••••Sponsor (confirmed)n•••••••••.com
Placement agents, lenders, advisers and co-investors
0 relationships
No counterparty collected yet. These are counted from transactions that name both this firm and the other party, and from placement agents on this firm’s funds.
LP commitments
0 disclosed
No LP commitment collected yet. An LP edge needs a public disclosure with a quote, such as a pension plan’s report or an announcement naming the LP.
Events
5 most recent
Across the graphs

N••••••• C•••••• P••••••• is the same institution as 2 records in Independent Sponsors and RIA and Wealth.

Independent Sponsors1RIA and Wealth1

Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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