Articles from 50 South Capital Advisors, LLC

50 South Capital Advisors, LLC (“50 South Capital”), Northern Trust Asset Management’s global alternatives investment manager, announced the final closings of two of its flagship private equity funds, both significantly exceeding their fundraising targets. Private Equity Strategic Opportunities Fund V (“PESOF V”) closed with $1.2 billion in commitments and Private Equity Core Fund XI (“PECF XI”) closed with $893 million in commitments, with investors across wealth, family offices, intermediaries, consultants and institutions.

50 South Capital Advisors, LLC, the general partner of the North Dakota Growth Fund, is pleased to announce that gener8tor, a leading venture capital firm and startup accelerator with programs in communities throughout the Midwest, is the fund’s most recent investment. As a startup accelerator, gener8tor provides intensive guidance, support and structure to startup companies.

50 South Capital Advisors, LLC, the general partner of the recently-formed North Dakota Growth Fund, is pleased to announce the fund’s most recent investments: LongWater Opportunities, a leading lower middle market private equity firm with offices in Fargo as well as Dallas, Texas; and Homegrown Capital, an early stage venture capital firm focused on disruptive technology companies in the Northern Plains. Homegrown Capital also has an office in Fargo, in addition to offices in Brookings and Sioux Falls, South Dakota.

50 South Capital Advisors, LLC, the general partner of the newly-formed North Dakota Growth Fund, recently named Kodee Furst a Director in its private equity group, enhancing the firm’s reach across North Dakota as it assists in the development of the state’s growing private capital ecosystem.

50 South Capital Advisors, LLC, the general partner of the newly-formed North Dakota Growth Fund (NDGF or the Fund), recently launched its interactive website for the Fund. The Fund was created, with the support of the State Investment Board, to further advance innovation and private markets investments in the state by seeking investments that provide strong risk-adjusted returns and support the growing entrepreneurial ecosystem in the state.