New State Capital Partners Llc
- Regulatory AUM
- $2.0B
- Discretionary
- $2.0B
- Clients
- 19
- Avg AUM / client
- $103M
- Accounts
- 19
- Employees
- 35
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 19 | $2.0B | 100.0% |
Private funds (12)
Reported in Form ADV Section 7.B.(1), filing of Oct 2024 · $776M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| New State Capital Partners Fund, Lp | Private Equity Fund | Delaware | $230M | 18 |
| New State Capital Partners Fund Ii, Lp | Private Equity Fund | Delaware | $224M | 23 |
| New State Capital Partners Fund Iii, Lp | Private Equity Fund | Delaware | $162M | 45 |
| New State Capital Partners Fund Ii B, Lp | Private Equity Fund | Delaware | $70.1M | 7 |
| New State Capital Partners Fund Iii A, Lp | Private Equity Fund | Delaware | $39.6M | 15 |
| Ns Ums Investment Llc | Private Equity Fund | Delaware | $23.6M | 25 |
| New State Capital Partners Fund Iii B, Lp | Private Equity Fund | Delaware | $6.7M | 59 |
| New State Capital Partners Csp Co Invest Fund, Lp | Private Equity Fund | Delaware | $5.8M | 13 |
| New State Capital Partners Friends And Family Co Investment Fund Ii, Lp | Private Equity Fund | Delaware | $4.8M | 30 |
| Ns Gautier Partners, L.P. | Private Equity Fund | Delaware | $4.7M | 7 |
| New State Capital Partners Friends And Family Co Investment Fund, Lp | Private Equity Fund | Delaware | $4.3M | 17 |
| Ns Ccc Partners L.P. | Private Equity Fund | Delaware | $33.5K | 3 |
People (6)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Blechman, David, Andrew | Managing Member / Partner | Mar 2013 (13y) | 75% or more | |
| Kim, John, Hansoo | Partner | Jun 2013 (13y) | Less than 5% | |
| Beauclair, John, Patrick | Partner | Sep 2013 (13y) | Less than 5% | |
| Larned, Frederick, Stephen | Partner | Jun 2016 (10y) | Less than 5% | |
| Cipriani, Andrea, Diana | Chief Financial Officer & Chief Compliance Officer | Jan 2019 (8y) | Less than 5% | |
| Skevington, Joshua, Blaine | Partner | Jan 2020 (7y) | Less than 5% |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (12, $776M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| New State Capital Partners Fund, Lp | Private Equity Fund | $230M | $5.0M | 18 |
| New State Capital Partners Fund Ii, Lp | Private Equity Fund | $224M | $5.0M | 23 |
| New State Capital Partners Fund Iii, Lp | Private Equity Fund | $162M | $5.0M | 45 |
| New State Capital Partners Fund Ii B, Lp | Private Equity Fund | $70.1M | $5.0M | 7 |
| New State Capital Partners Fund Iii A, Lp | Private Equity Fund | $39.6M | $5.0M | 15 |
| Ns Ums Investment Llc | Private Equity Fund | $23.6M | $0 | 25 |
| New State Capital Partners Fund Iii B, Lp | Private Equity Fund | $6.7M | $0 | 59 |
| New State Capital Partners Csp Co Invest Fund, Lp | Private Equity Fund | $5.8M | $0 | 13 |
| New State Capital Partners Friends And Family Co Investment Fund Ii, Lp | Private Equity Fund | $4.8M | $0 | 30 |
| Ns Gautier Partners, L.P. | Private Equity Fund | $4.7M | $0 | 7 |
| New State Capital Partners Friends And Family Co Investment Fund, Lp | Private Equity Fund | $4.3M | $0 | 17 |
| Ns Ccc Partners L.P. | Private Equity Fund | $33.5K | $0 | 3 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 5.21 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Firm reports it does not have custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗