Norwest Capital Advisors, Llc
- Regulatory AUM
- $3.8B
- Discretionary
- $3.8B
- Clients
- 12
- Avg AUM / client
- $320M
- Accounts
- 12
- Employees
- 40
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Apr 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 12 | $3.8B | 100.0% |
Private funds (12)
Reported in Form ADV Section 7.B.(1), filing of May 2024 · $4.2B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Norwest Equity Partners X, Lp | Private Equity Fund | Delaware | $1.3B | 74 |
| Norwest Equity Partners Ix, Lp | Private Equity Fund | Delaware | $661M | 74 |
| Norwest Equity Partners Xi B, Lp | Private Equity Fund | Delaware | $500M | 2 |
| Norwest Mezzanine Partners Iv Debt, Lp | Private Equity Fund | Delaware | $472M | 35 |
| Norwest Mezzanine Partners Iv Equity, Lp | Private Equity Fund | Delaware | $407M | 35 |
| Norwest Equity Partners Xi, Lp | Private Equity Fund | Delaware | $370M | 23 |
| Norwest Mezzanine Partners V B Debt, Lp | Private Equity Fund | Delaware | $121M | 2 |
| Norwest Equity Partners Xi A, Lp | Private Equity Fund | Delaware | $115M | 20 |
| Norwest Mezzanine Partners V B Equity, Lp | Private Equity Fund | Delaware | $109M | 2 |
| Norwest Mezzanine Partners V, Lp | Private Equity Fund | Delaware | $88.4M | 16 |
| Norwest Mezzanine Partners V A, Lp | Private Equity Fund | Delaware | $56.4M | 15 |
| Norwest Mezzanine Partners Iii, Lp | Private Equity Fund | Delaware | $27.8M | 38 |
People (5)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Allingham, Brian, Michael | Coo | Sep 2022 (4y) | Less than 5% | |
| Armand, Anthony, Eugene | Manager | Sep 2022 (4y) | GP / trustee / elected manager of Norwest Capital Gp Llc (indirect) | |
| Devries, Timothy, Charles | Ceo | Sep 2022 (4y) | 75% or more of Norwest Capital Gp Llc (indirect) | |
| Fiyod, John, Kenneth | Cfo | Sep 2022 (4y) | Less than 5% | |
| Moorse, Charles, Paul | Cco And General Counsel | Sep 2022 (4y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Norwest Capital Group Lp | Member | Sep 2022 | A | 75% or more |
| Norwest Capital Gp Llc | General Partner | Sep 2022 | B | GP / trustee / elected manager of Norwest Capital Group Lp (indirect) |
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, $4.2B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Norwest Equity Partners X, Lp | Private Equity Fund | $1.3B | $0 | 74 |
| Norwest Equity Partners Ix, Lp | Private Equity Fund | $661M | $0 | 74 |
| Norwest Equity Partners Xi B, Lp | Private Equity Fund | $500M | $0 | 2 |
| Norwest Mezzanine Partners Iv Debt, Lp | Private Equity Fund | $472M | $0 | 35 |
| Norwest Mezzanine Partners Iv Equity, Lp | Private Equity Fund | $407M | $0 | 35 |
| Norwest Equity Partners Xi, Lp | Private Equity Fund | $370M | $10.0M | 23 |
| Norwest Mezzanine Partners V B Debt, Lp | Private Equity Fund | $121M | $0 | 2 |
| Norwest Equity Partners Xi A, Lp | Private Equity Fund | $115M | $10.0M | 20 |
| Norwest Mezzanine Partners V B Equity, Lp | Private Equity Fund | $109M | $0 | 2 |
| Norwest Mezzanine Partners V, Lp | Private Equity Fund | $88.4M | $10.0M | 16 |
| Norwest Mezzanine Partners V A, Lp | Private Equity Fund | $56.4M | $10.0M | 15 |
| Norwest Mezzanine Partners Iii, Lp | Private Equity Fund | $27.8M | $0 | 38 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 04/30/2026 | 3.59 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 having 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: Apr 30, 2026.
View current Form ADV (SEC/IAPD) ↗