About NextCapital
NextCapital is a Financial Services company based in Chicago (United States) founded in 1997, and was acquired by Goldman Sachs Asset Management in March 2022. Fund of funds focused on multiple sectors. NextCapital has raised $52.14 million across 3 funding rounds from investors including Trans America, Manulife and AllianceBernstein. The company has 154 employees. NextCapital has completed 3 acquisitions, including Business Logic, NZ Bus and Scottish Pacific. Its website nextcapital.com draws about 20 thousand monthly visits. NextCapital offers products and services including Defined Contribution Plans, OCIO, and Multi-Asset Solutions. Its focus areas include Investment Industry, Limited Partners and Funds of Funds. Its legal entity is Goldman Sachs Asset Management, L.P.
Company details
NextCapital, based in Chicago, focuses on investment industry, limited partners, and funds of funds. Fund of funds focused on multiple sectors. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Chicago, United States
- Employees 154
- Stage Acquired
- SectorsFinancial Services
- Website nextcapital.com
- Social LinkedIn Facebook
- Acquired by Goldman Sachs Asset Management (Mar 2022)
- Legal Name Goldman Sachs Asset Management, L.P.
- Total Equity Funding$52.14M (USD)
in 3 rounds
- Latest Funding Round$30M (USD), Series D
Dec 2020
- InvestorsTrans America
& 9 more
- Employee Count154
- Investments & AcquisitionsBusiness Logic
& 2 more
- Acquired byGoldman Sachs Asset Management
(Mar 2022)
Products & Services of NextCapital
NextCapital offers a comprehensive portfolio of products and services, including Defined Contribution Plans, OCIO, and Multi-Asset Solutions.
Provides personalized retirement paths and asset allocation services.
Offers outsourced investment management for institutional investors.
Customizes portfolios based on investor risk profiles.
Funding Insights of NextCapital
NextCapital has successfully raised a total of $52.14M across 3 strategic funding rounds. The most recent funding activity was a Series D round of $30 million completed in December 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $52.14M
- Total Rounds 3
- Last Round Series D — $30M
- First Round $6.05M
(Aug 2014)
- Investors Count 9
All 3 funding rounds of NextCapital with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2020 | $30M | Series D | – | – | |
| Jan 2016 | $16.09M | Series B | – | AllianceBernstein, Manulife | |
| Aug 2014 | $6.05M | Series A | – | Russell Investment Group, Trans America |
10 investors in total: 10 institutional.
Investors in NextCapital
NextCapital has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Trans America, Manulife and AllianceBernstein.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made in early-stage healthtech and fintech startups. | oakhcft.com | Stamford, United States | ||
Venture capital firm focused on tech startups | iacapgroup.com | New York, United States | ||
Private debt fund focused on multiple sectors | 1967 | alliancebernstein.com | New York, United States | |
Early, growth & late stage VC firm investing in the US | route66ventures.com | Alexandria, United States | ||
Investments in FinTech startups are managed by the firm. | fintech.io | |||
| kelvingrove.com | ||||
Life insurance and diversified asset management services are provided. | 1887 | manulife.com | Toronto, Canada | |
Diversified investment management services are provided globally. | 1936 | russellinvestments.com | Seattle, United States | |
Insurance, investments, and retirement solutions are provided by Trans America. | 1904 | transamerica.com | Baltimore, United States | |
Global asset management and investment solutions are provided. | 1989 | gsam.com | London, United Kingdom |
Investor details for NextCapital
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of NextCapital
637 people are tracked at NextCapital (415 in leadership, 14 in board & advisors, 208 in team); the tracked headcount is 154.
| Name | Role | Group |
|---|---|---|
Khuram Iftikhar | Executive Director, Tech Risk Advisory | Leadership |
Dave Meyers | Head Of Collections Strategy | Leadership |
Pankaj Singal | Chief Data Officer, Risk Division | Leadership |
John Waldron | President & COO | Leadership |
Ye Sun | Vice President | Leadership |
Paul Rydberg | VP | Leadership |
Tarun Kumar Reddy | Vice President | Leadership |
Yuanqin Wei | Vice President | Leadership |
Sheara J. Fredman | Chief Accounting Officer | Leadership |
Chandra Mohan Rai | VP | Leadership |
Kelly Turner | Vice President & Senior Legal Director | Leadership |
David Westbrook | VP | Leadership |
Anthony Hui | Vice President & Senior Engineer, Global Banking & Markets Engineering | Leadership |
Jeff Kessler | Vice President - Technology Investment Banking | Leadership |
Amanda Greco | Vice President Marketing, Marquee | Leadership |
Roan Wolff | Executive Director, Fund Management | Leadership |
John Cassidy | Chief Compliance Officer Of Goldman Sachs Bank USA & Global Head Of Consumer Compliance | Leadership |
Samarpal Bhatia | VP | Leadership |
Jorge Torrecilla | Investment Banking Executive Director - Financial Institutions Group | Leadership |
Steven Weiss | Managing Director Investment Banking | Leadership |
617 more people are available in the full profile.
Complete people profiles for NextCapital
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.
Investments & Acquisitions by NextCapital
NextCapital has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Business Logic, NZ Bus and Scottish Pacific.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Buses are owned and operated in Auckland, New Zealand. | nzbus.co.nz | Auckland, New Zealand | 1992 | Jan 2019 | •••• | |
Online investment solutions are provided for institutions and individuals. | businesslogic.com | Chicago, United States | 1996 | Jan 2014 | •••• | |
Limited information available | scottishpacific.com | Sydney, Australia | 1988 | Jun 2013 | •••• |
Complete acquisition details for NextCapital
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of NextCapital
7 dated milestones of NextCapital across 25 years, from founding to its latest funding, stage changes and deals.
- Founded NextCapital is founded.
- Acquisition Acquires Scottish Pacific.
- Acquisition Acquires Business Logic.
- Funding First funding round of $6.0M.
- Acquisition Acquires NZ Bus.
- Funding Latest funding round, Series D, of $30.0M.
- Exit Acquired by Goldman Sachs Asset Management.
Web traffic of NextCapital
The website of NextCapital (nextcapital.com) receives about 19.7K visits a month.
- Monthly visits19.7K
▲ 34.6% vs previous month
Websites whose visitors overlap most with NextCapital. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
genyplanning.com | genyplanning.com | 100% | #6,576,386 | – | |
| wealthfront.com | 94% | 3.8M | #12,843 | View details | |
| folioinvesting.com | 94% | 5.8K | #3,697,563 | View details | |
| transamerica.com | 74% | 3.3M | #14,495 | View details | |
id.wsj.com | id.wsj.com | 57% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for NextCapital
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Limited Partners
3 companies that operate in the same segment as NextCapital (Limited Partners) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Wealth advisory and banking services are offered to clients. | 1872 | Charlotte, North Carolina, United States | USD 881.26 M | 1,240 | ||
Investment banking services are delivered across multiple financial sectors. | 1869 | New York, New York, United States | USD 126.21 B | 46,500 | ||
Alternative asset investment management firm | 1997 | Los Angeles, California, United States | USD 6.2 B | 3,200 |
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Related news about Nextcapital
Complete news archive for NextCapital
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Frequently Asked Questions about NextCapital
NextCapital was founded in 1997 and raised its 1st funding round 17 years after it was founded.
NextCapital is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
NextCapital is a funded company, having raised a total of $52.14M across 3 funding rounds to date. The company's 1st funding round was a Series A of $6.05M, raised on Aug 2014.
NextCapital has 154 employees.
NextCapital, based in Chicago, focuses on investment industry, limited partners, and funds of funds. Fund of funds focused on multiple sectors. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
NextCapital offers Defined Contribution Plans, OCIO, and Multi-Asset Solutions.
NextCapital has made 3 acquisitions, including Business Logic, NZ Bus, and Scottish Pacific.
NextCapital has 10 investors. Key investors include Trans America, Manulife, AllianceBernstein, Russell Investments, and Goldman Sachs Asset Management.
NextCapital operates through Goldman Sachs Asset Management, L.P..
Yes. NextCapital was acquired by Goldman Sachs Asset Management in March 2022.