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Private Equity Firms in North Carolina

20 private equity firms are on this list. Of those that report private fund gross assets from a main office in North Carolina, Ridgemont Partners Management is the largest: $10.2 billion through Ridgemont Partners Management, LLC (filed ).

Pamlico Capital follows with $5.3 billion. The 20 firms counted report $32.4 billion together; the ten largest hold 96% of it, and half report less than $332 million.

Where the $32.4BN sitsThe 20 firms counted, by size. The bar is each size band's share of the combined dollars.
  1. $10BN to $25BN32%1 firm
  2. $5BN to $10BN16%1 firm
  3. $1BN to $5BN45%6 firms
  4. $500MM to $1BN2%1 firm
  5. Under $500MM5%11 firms

Latest Form ADV of each, filed Feb 2026 to Sep 2026. Read ; sources at the end of the page.

Private equity firms listedList of October 2026; 20 are private equity firms
20
Combined fund assets20 counted; as filed to Sep 2026
$32.4BN
Largest: Ridgemont Partners ManagementAs filed
$10.2BN
Median firmHalf of the 20 report less
$332MM
Held by the ten largestOf the $32.4BN combined
96%

Ridgemont Partners Management, Pamlico Capital and QHP Capital lead the North Carolina private equity firms by fund assets

The ten largest by private fund gross assets on their latest Form ADV. Together they report $31.2BN, 96% of the $32.4BN the 20 counted report.

  1. 1

    Ridgemont Partners Management

    Private equity firm, Charlotte

    $10.2BNPrivate fund gross assets, Mar 2026

    Regulatory assets
    $10.3BN
    Private funds
    32
  2. 2

    Pamlico Capital

    Private equity firm, Charlotte

    $5.3BNPrivate fund gross assets, Mar 2026

    Regulatory assets
    $5.3BN
    Private funds
    7
  3. 3

    QHP Capital

    Private equity firm, Raleigh

    $4.7BNPrivate fund gross assets, Sep 2026

    Regulatory assets
    $4.6BN
    Private funds
    15
  4. 4

    Falfurrias Management Partners

    Private equity firm, Charlotte

    $3.7BNPrivate fund gross assets, Mar 2026

    Regulatory assets
    $3.7BN
    Private funds
    6
  5. 5

    Carousel Capital Management Company

    Private equity firm, Charlotte

    $1.9BNPrivate fund gross assets, May 2026

    Regulatory assets
    $1.9BN
    Private funds
    10
  6. 6

    Halifax Investment Management

    Private equity firm, Raleigh

    $1.9BNPrivate fund gross assets, Mar 2026

    Regulatory assets
    $1.9BN
    Private funds
    8
  7. 7

    FC Capital Management

    Growth equity firm, Charlotte

    $1.4BNPrivate fund gross assets, Mar 2026

    Regulatory assets
    $1.6BN
    Private funds
    7
  8. 8

    Kian Capital Partners

    Private equity firm, Charlotte

    $1.1BNPrivate fund gross assets, Mar 2026

    Regulatory assets
    $1.1BN
    Private funds
    7
  9. 9

    SPP Management Services

    Private equity firm, Charlotte

    $624MMPrivate fund gross assets, Mar 2026

    Regulatory assets
    $624MM
    Private funds
    29
  10. 10

    Garden City Management

    Private equity firm, Charlotte

    $344MMPrivate fund gross assets, Jun 2026

    Regulatory assets
    $344MM
    Private funds
    3

Gross assets of the private funds each adviser reported in its latest Form ADV. Each pin opens the filing behind the figure; the ranking rule and sources are at the end of the page. Read .

One firm holds a third of the fund assets

How the 20 firms counted spread by size: most are small, the dollars sit at the top.

Every firm on one scaleEach dot is one firm's private fund gross assets in its latest filing. Filled: advisers whose private funds are mostly private equity; open: advisers with other funds too. Dollar scale is logarithmic.
Fund assets of each of the 20 firms counted, log scaleEach dot is one adviser and links to its row. Ridgemont Partners Management $10.2BN; Pamlico Capital $5.3BN; QHP Capital $4.7BN; median $332MM.$10MM$100MM$1BN$10BN$100BNRidgemont Partners Management: $10.2BNPamlico Capital: $5.3BNQHP Capital: $4.7BNFalfurrias Management Partners: $3.7BNCarousel Capital Management Company: $1.9BNHalifax Investment Management: $1.9BNFC Capital Management: $1.4BNKian Capital Partners: $1.1BNSPP Management Services: $624MMGarden City Management: $344MMWSC & Company: $320MMBD Investment Partners: $224MMMosaic Capital Partners: $133MMTeall Capital Partners: $109MMLionlight Capital: $92MMRoan HFH: $81MMHargett Hunter Capital Management: $70MMThe Zabel Companies: $68MMHeadlight Partners: $34MMBroadtree Partners Management: $32MMRidgemont Partners Management $10.2BNPamlico Capital $5.3BNQHP Capital $4.7BNMedian $332MMFund assets of each of the 20 firms counted, log scaleEach dot is one adviser and links to its row. Ridgemont Partners Management $10.2BN; Pamlico Capital $5.3BN; QHP Capital $4.7BN; median $332MM.$10MM$1BN$100BNRidgemont Partners Management $10.2BNMedian $332MM

One dot per firm counted. Read .

The 20 firms, by size
Under $500MM115%$1.5BN
$500MM to $1BN12%$624MM
$1BN to $5BN645%$14.7BN
$5BN to $10BN116%$5.3BN
$10BN to $25BN132%$10.2BN
$25BN and over00%$0

Fund assets each reported in its latest filing; shares are of the $32.4BN combined, one row per firm. Read .

32%

of the fund assets reported sits with one firm, Ridgemont Partners Management. The five largest hold 80%; 12 of 20 report under $1 billion.

32%Largest48%Next 420%Other 15
Who the 20 are
  1. Private equity firms20

Kind of each, from its own website and filings, checked October 2026.

Where the 20 areThe 5 places with the most firms
  1. Charlotte13
  2. Raleigh4
  3. Chapel Hill1
  4. Mount Holly1
  5. Winston-Salem1

Main office on each firm's Form ADV.

Leaders beyond the ranking

Figures the main ranking does not compare: most private funds.

Most private fundsPrivate funds each firm advises, on its latest Form ADV (Schedule D).
RankNameFigure
1Ridgemont Partners Management32Mar 2026
2SPP Management Services29Mar 2026
3QHP Capital15Sep 2026
4Carousel Capital Management Company10May 2026
5The Zabel Companies10Mar 2026
6Halifax Investment Management8Mar 2026
7FC Capital Management7Mar 2026
8Kian Capital Partners7Mar 2026

The list is public. The warm path is not. Schedule a conversation

All 20 private equity firms

A to Z, with each firm's private fund gross assets, private funds, listed stocks and fund offerings, each with a pin to its filing; firms with no figure show the interests they state on their own sites.

Showing all 20 firms

Kind
Where
Size
Order
Private Equity Firms in North Carolina 20 firms, A to Z
FirmFund assetsBarPrivate fundsListed stocksFund offerings
Private equity firm, Raleigh.
Detail and sources for BD Investment Partners

Form ADV of BD Investment Partners, LLC (CRD 309347), SEC registered adviser, filed , main office Raleigh, NC: regulatory assets $224MM; 3 private funds, $224MM gross; 9 employees.

Tied to this row by the CRD the list cites from the filing.

All 3 of its private funds are private equity funds. Regulatory assets on the same filing: $224MM (Item 5.F), not ranked.

Files: SEC Form ADV.

$224MMMay 20263
Private equity firm, Charlotte.
Detail and sources for Broadtree Partners Management

Form ADV of Broadtree Partners Management, LLC (CRD 337682), exempt reporting adviser, filed , main office Charlotte, NC: 4 private funds, $32MM gross.

Tied to this row by the CRD the list cites from the filing.

All 4 of its private funds are private equity funds.

Files: SEC Form ADV.

$32MMMar 20264
Private equity firm, Charlotte.
Detail and sources for Falfurrias Management Partners

Form ADV of Falfurrias Management Partners LP (CRD 163076), SEC registered adviser, filed , main office Charlotte, NC: regulatory assets $3.7BN; 6 private funds, $3.7BN gross; 55 employees.

Tied to this row by the CRD the list cites from the filing.

All 6 of its private funds are private equity funds. Regulatory assets on the same filing: $3.7BN (Item 5.F), not ranked.

Files: SEC Form ADV.

$3.7BNMar 20266
Growth equity firm, Charlotte.
Detail and sources for FC Capital Management

Form ADV of FC Capital Management LLC (CRD 161220), SEC registered adviser, filed , main office Charlotte, NC: regulatory assets $1.6BN; 7 private funds, $1.4BN gross; 19 employees.

Tied to this row by the CRD the list cites from the filing.

All 7 of its private funds are private equity funds. Regulatory assets on the same filing: $1.6BN (Item 5.F), not ranked.

Files: SEC Form ADV.

$1.4BNMar 20267
Private equity firm, Charlotte.
Detail and sources for Garden City Management

Form ADV of Garden City Management, LLC (CRD 310518), SEC registered adviser, filed , main office Charlotte, NC: regulatory assets $344MM; 3 private funds, $344MM gross; 5 employees.

Tied to this row by the CRD the list cites from the filing.

All 3 of its private funds are private equity funds. Regulatory assets on the same filing: $344MM (Item 5.F), not ranked.

Files: SEC Form ADV.

$344MMJun 20263
Private equity firm, Raleigh.
Detail and sources for Halifax Investment Management

Form ADV of Halifax Investment Management, L.L.C. (CRD 152789), SEC registered adviser, filed , main office Raleigh, NC: regulatory assets $1.9BN; 8 private funds, $1.9BN gross; 18 employees.

Tied to this row by the CRD the list cites from the filing.

All 8 of its private funds are private equity funds. Regulatory assets on the same filing: $1.9BN (Item 5.F), not ranked.

Files: SEC Form ADV.

$1.9BNMar 20268
Private equity firm, Raleigh.
Detail and sources for Hargett Hunter Capital Management

Form ADV of Hargett Hunter Capital Management, LLC (CRD 305623), exempt reporting adviser, filed , main office Raleigh, NC: 5 private funds, $70MM gross.

Tied to this row by the CRD the list cites from the filing.

All 5 of its private funds are private equity funds.

Files: SEC Form ADV.

$70MMApr 20265
Growth equity firm, Charlotte.
Detail and sources for Headlight Partners

Form ADV of Headlight Partners LLC (CRD 332446), exempt reporting adviser, filed , main office Charlotte, NC: 1 private fund, $34MM gross.

Tied to this row by the CRD the list cites from the filing.

Its one private fund is a private equity fund.

Files: SEC Form ADV.

$34MMFeb 20261
Private equity firm, Charlotte.
Detail and sources for Kian Capital Partners

Form ADV of Kian Capital Partners, LLC (CRD 329179), SEC registered adviser, filed , main office Charlotte, NC: regulatory assets $1.1BN; 7 private funds, $1.1BN gross; 19 employees.

Tied to this row by the CRD the list cites from the filing.

All 7 of its private funds are private equity funds. Regulatory assets on the same filing: $1.1BN (Item 5.F), not ranked.

Files: SEC Form ADV.

$1.1BNMar 20267
Private equity firm, Chapel Hill.
Detail and sources for Lionlight Capital

Form ADV of Lionlight Capital, L.P. (CRD 342659), exempt reporting adviser, filed , main office Chapel Hill, NC: 2 private funds, $92MM gross.

Tied to this row by the CRD the list cites from the filing.

All 2 of its private funds are private equity funds.

Files: SEC Form ADV.

$92MMJun 20262
Private equity firm, Charlotte.
Detail and sources for Mosaic Capital Partners

Form ADV of Mosaic Capital Partners LLC (CRD 334830), exempt reporting adviser, filed , main office Charlotte, NC: 2 private funds, $133MM gross.

Tied to this row by the CRD the list cites from the filing.

All 2 of its private funds are private equity funds.

Files: SEC Form ADV.

$133MMMar 20262
Private equity firm, Charlotte.
Detail and sources for Pamlico Capital

Form ADV of Pamlico Capital Management, LP (CRD 157532), SEC registered adviser, filed , main office Charlotte, NC: regulatory assets $5.3BN; 7 private funds, $5.3BN gross; 41 employees.

Tied to this row by the CRD the list cites from the filing.

All 7 of its private funds are private equity funds. Regulatory assets on the same filing: $5.3BN (Item 5.F), not ranked.

Files: SEC Form ADV.

$5.3BNMar 20267
Private equity firm, Raleigh.
Detail and sources for QHP Capital

Form ADV of QHP Capital, L.P. (CRD 311710), SEC registered adviser, filed , main office Raleigh, NC: regulatory assets $4.6BN; 15 private funds, $4.7BN gross; 25 employees.

Tied to this row by the CRD the list cites from the filing.

All 15 of its private funds are private equity funds. Regulatory assets on the same filing: $4.6BN (Item 5.F), not ranked.

Files: SEC Form ADV.

$4.7BNSep 202615
Private equity firm, Charlotte.
Detail and sources for Ridgemont Partners Management

Form ADV of Ridgemont Partners Management, LLC (CRD 157421), SEC registered adviser, filed , main office Charlotte, NC: regulatory assets $10.3BN; 32 private funds, $10.2BN gross; 61 employees.

Tied to this row by the CRD the list cites from the filing.

Listed stocks, Form 13F-HR of Ridgemont Partners Management, LLC, quarter ended , filed : 1 holding, $50MM; no 13F filed for a 2026 quarter.

All 32 of its private funds are private equity funds. Regulatory assets on the same filing: $10.3BN (Item 5.F), not ranked.

Files: SEC Form ADV, SEC Form 13F (last for 2025).

$10.2BNMar 202632
Growth equity firm, Mount Holly.
Detail and sources for Roan HFH

Form ADV of Roan HFH, LP (CRD 336443), exempt reporting adviser, filed , main office Mount Holly, NC: 1 private fund, $81MM gross.

Tied to this row by the CRD the list cites from the filing.

Its one private fund is a private equity fund.

Files: SEC Form ADV.

$81MMMar 20261
Private equity firm, Charlotte.
Detail and sources for SPP Management Services

Form ADV of SPP Management Services, LLC (CRD 164078), SEC registered adviser, filed , main office Charlotte, NC: regulatory assets $624MM; 29 private funds, $624MM gross; 23 employees.

Tied to this row by the CRD the list cites from the filing.

Of its 29 private funds, 5 are private equity funds; the others: 24 of other kinds. Regulatory assets on the same filing: $624MM (Item 5.F), not ranked.

Files: SEC Form ADV.

$624MMMar 202629
Private equity firm, Winston-Salem.
Detail and sources for Teall Capital Partners

Form ADV of Teall Capital Partners, LLC (CRD 299332), exempt reporting adviser, filed , main office Winston-Salem, NC: 2 private funds, $109MM gross.

Tied to this row by the CRD the list cites from the filing.

All 2 of its private funds are private equity funds.

Files: SEC Form ADV.

$109MMMar 20262
Private equity firm, Charlotte.
Detail and sources for WSC & Company

Form ADV of WSC & Company, LLC (CRD 289138), SEC registered adviser, filed , main office Charlotte, NC: regulatory assets $320MM; 4 private funds, $320MM gross; 6 employees.

Tied to this row by the CRD the list cites from the filing.

All 4 of its private funds are private equity funds. Regulatory assets on the same filing: $320MM (Item 5.F), not ranked.

Files: SEC Form ADV.

$320MMMay 20264
Private equity firm, Charlotte.
Detail and sources for The Zabel Companies

Form ADV of The Zabel Companies, LLC (CRD 298721), exempt reporting adviser, filed , main office Charlotte, NC: 10 private funds, $68MM gross.

Tied to this row by the CRD the list cites from the filing.

All 10 of its private funds are private equity funds.

Files: SEC Form ADV.

$68MMMar 202610

Fund assets are the gross assets of the private funds in the adviser's latest Form ADV (solid bar; grey when the firm is not in the totals). Listed stocks are the US listed securities a firm reports each quarter; fund offerings count the private offering notices of funds named for the firm in two years. Each pin opens the filing behind the figure. The square beside a name opens every figure with its filing and notes.

One firm holds a third of the money

Four findings from the filings of the 20 firms counted.

  1. 32%

    of the $32.4 billion the 20 firms counted report is one firm's: Ridgemont Partners Management. Without it, the other 19 report $22.1 billion.

    Fund assets, latest Form ADV of each; sums of filed figures

  2. $332MM

    is the median: half of the 20 report less, and 12 report under $1 billion.

    Fund assets, latest Form ADV of each

  3. 158

    private funds are advised by the firms counted; Ridgemont Partners Management advises the most, 32.

    Private funds on each Form ADV (Schedule D); sums of filed figures

  4. 14

    of the 20 have their main office in Charlotte; the next place is Raleigh, with 4.

    Main office on each Form ADV

Questions

How many private equity firms are there in North Carolina?

This list holds 20 private equity firms in North Carolina; 20 of them report private fund gross assets on Form ADV, $32.4 billion together.

What are the largest private equity firms in North Carolina?

By the private fund gross assets they report: Ridgemont Partners Management $10.2 billion, Pamlico Capital $5.3 billion, QHP Capital $4.7 billion, Falfurrias Management Partners $3.7 billion, Carousel Capital Management Company $1.9 billion.

How much do private equity firms in North Carolina typically manage?

Of the 20 that report, the median reports $332 million in private fund gross assets; 12 report under $1 billion.

How do you start a relationship with private equity firms in North Carolina?

Each firm on this page links to its own website, and each figure carries a pin that opens the public filing it comes from. For fund managers and companies raising capital, Praxis Rock runs capital formation programs; see Raise Capital.

Sources and method

Who is listed
20 private equity firms, 20 are private equity firms, as researched for this list; no row leaves the list.
Ranking rule
The top 10, every total, share and median, the charts and the answers to the questions use one set: the 20 advisers that report private fund gross assets in their latest SEC Form ADV, with a main office in North Carolina, that the filing itself ties to the row (the CRD the list cites, or the row's own website in Item 1.I), one figure per adviser. A name match with no such tie is shown in the row's detail only, never ranked or counted.
Our arithmetic
The $32.4BN, the median, shares, charts and boards are sums and medians of filed numbers over that one set; 0 firms with a figure outside it stay listed with the figure and the reason.
Pins
Each figure's pin opens the filing it comes from: the adviser's Form ADV as filed, or the SEC filing index of its 13F report or of the latest private offering notice (Form D). The pin's label names the source and its date.
What we searched
On we searched every firm by its website against the websites advisers list on Form ADV, by the CRD the list cites, by name for Form ADV, and by every CIK found for 13F reports, and searched private offering notices for funds named for it. Of the 20, 20 report on a current Form ADV, 1 file 13F reports (0 for a 2026 quarter with a value), 0 have funds named for them in private offering notices, and 0 more show a possible match by name only in their detail, not counted.
Words
Kinds and interests are each firm's own, from its website. No person names are shown.
Sources and dates
FigureSourcePeriod, read
Assets, private funds, client types, main office, employeesSEC Form ADV adviser data, October 2026 report, and each adviser's Form ADV as filed, 20 advisersFilings to 2026-10-01; read 2026-10-31
Listed stocksSEC EDGAR Form 13F, 1 filersLatest quarter; read 2026-10-31
Private offering notices of funds named for a firmSEC EDGAR full text search, Form D and D/A2024-10-31 to 2026-10-31
Kind, interests and websiteEach firm's own website, as researched for this listChecked 2026-10-31
LogosEach firm's own website; a monogram where none checksRead 2026-10-31

Cite as: Praxis Rock Advisors, "Private Equity Firms in North Carolina," updated October 31, 2026, praxisrock.com/resources/investors/pe-firms-north-carolina

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