DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / Tecum Capital Management, Inc.
Tecum Capital Management, Inc.
Private equity with venture activity · probableWexford, PAtecum.comSEC registered investment adviser
Based in Pittsburgh, PA, Tecum Capital Partners is a multi-strategy investment firm focused on investing in lower middle market companies across the U.S.
registered adviser; venture funds are 0% of 5 private funds
Importance
50
elevated
Active deployment
30
moderate
Emerging
0
low
Completeness
69
high
Freshness
100
high
Research priority
15
moderate
Identity and regulatory footprint
- Headquarters
- Wexford, PAadviserinfo.sec.gov
- Office address
- 8000 BROOKTREE RD, SUITE 310 - TECUM, Wexford, PA, 15090adviserinfo.sec.gov
- Business phone
- 7246024394adviserinfo.sec.gov
- Website
- HTTP://WWW.TECUM.COM
- SEC adviser type
- registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Apr 2, 2020
- Private funds reported
- 5 (0 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $567Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $638Mthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 14
- business phone
- 7246024394adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
84 observed deals
Stated (the firm’s website)
- Sectors
- media
- Stages
- not stated or not yet read
- Geography
- pittsburgh
- Check size
- not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 100%
lead rate n/afollow-on rate n/anew logos, 12 months 84
Funds and vehicles
5 reported, 1 no longer reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Western Allegheny Capital III, LLC | Fund · ADV: Private Equity Fund | 2019 adv first reported | Mature | $150M Apr 2, 2020 | 1 | unknown | unknown |
| Western Allegheny Capital II, LLC | Fund · ADV: Private Equity Fund | 2019 adv first reported | Mature | $100M Apr 2, 2020 | 1 | unknown | unknown |
| Western Allegheny Capital, LLC | Fund · ADV: Private Equity Fund | 2017 form d first sale | Harvest | $100M Apr 2, 2020 | 1 | $50.0M of $50.0M | May 12, 2017 |
| Tecum Capital Partners II, LP | Fund · ADV: Other Private Fund | 2017 form d first sale | Harvest | $66.3M Apr 2, 2020 | 83 | $90.0M of $90.0M | Aug 9, 2017 |
| F.N.B. Capital Partners, L.P. | Fund · ADV: Other Private Fund | 2013 form d first sale | Harvest | $150M Apr 2, 2020 | 62 | $56.6M of $60.0M | May 16, 2013 |
| F.N.B. Capital Corporation, LLC | Fund · ADV: Private Equity Fund | unknown | Wound down | $125M May 21, 2019 | 1 | unknown | unknown |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
23 current, 0 departed
Brett Kelly
AnalystAnalyst
Erik Chidester
AnalystSenior Analyst
Josh Savacool
AssociateAssociate
Justin Uhlenbrock
AssociateAssociate
Ryan Beard
AssociateAssociate
Stephen Gurgovits
Managing partnerManaging Partner · since Aug 1, 2013
Stephen J Gurgovits, Sr.
Managing partnerManaging Partner
David Bonvenuto
Operating partnerOperating Partner
Control Equity
OtherPortfolio
Control Equity Fact Sheet
OtherInvestment Strategies
Matt Harnett
PartnerPartner
Matthew L Harnett
PartnerPartner · since Aug 1, 2013
Tyson Scott Smith
PartnerPartner · since Aug 1, 2013
Tyson Smith
PartnerPartner
Laura Stinson
Platform and operationsExecutive Assistant/Office Manager
Leslie Skolnekovich
Platform and operationsChief Financial Officer
Leslie Skolnekovich
Platform and operationsChief Compliance Officer · since May 1, 2019
Michael Ames
Platform and operationsController
Husnain Safdar
PrincipalPrincipal
Dominic Noel
Vice presidentVice President
Ian Frazier
Vice presidentSenior Vice President
Paul J. Oris
Vice presidentSenior Vice President
Zac Forsyth
Vice presidentSenior Associate
Investments on record
84 edges, 84 companies, 0 partner-attributed
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
5 relationships from shared deals, counted for the whole firm
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
9 dated events
- Apr 2, 2020F.N.B. Capital Corporation, LLC no longer reported on Form ADV by Tecum Capital Management, Inc.Fund no longer reportedFundsInferenceF.N.B. Capital Corporation, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- May 1, 2019Leslie Skolnekovich joined Schedule A of Tecum Capital Management, Inc. as Chief Compliance Officer
- Mar 27, 2019Western Allegheny Capital II, LLC first reported on Form ADV by Tecum Capital Management, Inc. (Private Equity Fund), GAV $100,000,000Fund first reported on Form ADVFundsFactWestern Allegheny Capital II, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 27, 2019Western Allegheny Capital III, LLC first reported on Form ADV by Tecum Capital Management, Inc. (Private Equity Fund), GAV $150,000,000Fund first reported on Form ADVFundsFactWestern Allegheny Capital III, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2018Tecum Capital Partners II, LP first reported on Form ADV by Tecum Capital Management, Inc. (Other Private Fund), GAV $66,295,071Fund first reported on Form ADVFundsFactTecum Capital Partners II, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2018Western Allegheny Capital, LLC first reported on Form ADV by Tecum Capital Management, Inc. (Private Equity Fund), GAV $46,500,000Fund first reported on Form ADVFundsFactWestern Allegheny Capital, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Dec 19, 2013Tecum Capital Management, Inc. first filed Form ADV (ERA)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Dec 19, 2013F.N.B. Capital Corporation, LLC first reported on Form ADV by Tecum Capital Management, Inc. (Private Equity Fund), GAV $14,735,166Fund first reported on Form ADVFundsFactF.N.B. Capital Corporation, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Dec 19, 2013F.N.B. Capital Partners, L.P. first reported on Form ADV by Tecum Capital Management, Inc. (Private Equity Fund), GAV $55,737,558Fund first reported on Form ADVFundsFactF.N.B. Capital Partners, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Private equity with venture activity (probable, 75%, cls-1)registered adviser; venture funds are 0% of 5 private funds
Evidence
31 observations from 2 sources