About Aqueduct Capital Group
Aqueduct Capital Group is a Financial Services company based in New York (United States) founded in 2006 by Frank Edwards and Steve Lessing, and was acquired by PNC in May 2025. Placement services are provided to alternative fund managers. The company has 15 employees. Its focus areas include Investment Industry, Investment Banks and Placement Agents.
Company details
Aqueduct Capital Group was established in 2006 and is headquartered in New York, United States. Operations focus on the alternative investment sector, where placement agent services are offered to fund managers seeking institutional capital. Connections between managers and investors are facilitated across various alternative strategies, including private equity and hedge funds. The firm is led by co-founders and partners with expertise in capital raising.
- Headquarters New York, United States
- Employees 15
- Founders Frank Edwards, Steve Lessing
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website aqueductcap.com
- Acquired by PNC (May 2025)
- Legal Name Aqueduct Capital Group
Investors in Aqueduct Capital Group
Aqueduct Capital Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include PNC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Commercial banking and financing services are provided by PNC. | 1845 | pnc.com | Pittsburgh, United States |
Investor details for Aqueduct Capital Group
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- Complete investor list
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- Investor portfolios
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People of Aqueduct Capital Group
5 people are tracked at Aqueduct Capital Group (5 in leadership); the tracked headcount is 15.
| Name | Role | Group |
|---|---|---|
Frank Edwards | Co-Founder & Managing Partner | Leadership |
Steve Lessing | Co-Founder & Managing Partner | Leadership |
Christine A Bowling | Chief Financial Officer | Leadership |
Pawan Chaturvedi | Partner | Leadership |
Jennifer Sonenklare | Managing Director | Leadership |
Complete people profiles for Aqueduct Capital Group
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Aqueduct Capital Group
2 dated milestones of Aqueduct Capital Group across 19 years, from founding to its latest funding, stage changes and deals.
- Founded Aqueduct Capital Group is founded.
- Exit Acquired by PNC.
Top companies in Investment Banks
3 companies that operate in the same segment as Aqueduct Capital Group (Investment Banks) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Investment banking services are delivered across multiple financial sectors. | 1869 | New York, New York, United States | USD 126.21 B | 46,500 | ||
Comprehensive financial services are provided to corporations and individuals. | 1799 | New York, New York, United States | USD 42.22 M | |||
Wealth management, investment advisory, and financial services are provided. | 1935 | New York, New York, United States | USD 7.55 M | USD 119.72 B | 80,000 |
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Frequently Asked Questions about Aqueduct Capital Group
Aqueduct Capital Group was founded in 2006.
Aqueduct Capital Group is headquartered in New York, United States. It is registered at New York, New York, United States.
Aqueduct Capital Group has 15 employees.
Aqueduct Capital Group was established in 2006 and is headquartered in New York, United States. Operations focus on the alternative investment sector, where placement agent services are offered to fund managers seeking institutional capital. Connections between managers and investors are facilitated across various alternative strategies, including private equity and hedge funds. The firm is led by co-founders and partners with expertise in capital raising.
Aqueduct Capital Group has 1 investor. Key investors include PNC.
Aqueduct Capital Group operates through Aqueduct Capital Group.
Yes. Aqueduct Capital Group was acquired by PNC in May 2025.