NORWEST CAPITAL ADVISORS, LLC
Adviser information for NORWEST CAPITAL ADVISORS, LLC last updated from Form ADV on March 27th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 46 |
|---|---|
| Investment Advisory/Research | 32 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 12 | $4.2B |
| Non-Discretionary | 0 | $0 |
| Total | 12 | $4.2B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 12 | $4.2B |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
Services
| Advisory Services | Portfolio management for pooled investment vehicles |
|---|---|
| Compensation | % of AUMPerformance-based fees |
Identifiers
| SEC RIA File Number | 801-128598 |
|---|---|
| SEC ERA File Number | 801-128598 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 323642 |
| Legal Entity Identifier | None |
Principal Office
250 NICOLLET MALLSUITE 950
MINNEAPOLIS
MN
United States
Monday - Friday, 8:00 AM - 5:00PM
Tel: (612) 215-1600, Fax: None
Chief Compliance Officer
CHARLES P. MOORSE
GENERAL COUNSEL
250 NICOLLET MALL
SUITE 950
MINNEAPOLIS
MN
United States
Tel:
(612) 215-1600
C******@******M
(Full email address available in API data)
Industry Affiliates
| ITASCA MEZZANINE PARTNERS III, LLC | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| ITASCA MEZZANINE PARTNERS IV, LLC | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| ITASCA MEZZANINE PARTNERS V-B, LLC | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| ITASCA MEZZANINE PARTNERS V, LP | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| ITASCA PARTNERS IX, LLC | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| ITASCA PARTNERS X, LLC | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| ITASCA PARTNERS XI-B, LLC | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| ITASCA PARTNERS XI, LP | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| NORWEST EQUITY PARTNERS IX, LP | Private Equity Fund | $660.9M | $0.0M | 74 |
| NORWEST EQUITY PARTNERS X, LP | Private Equity Fund | $1,323.6M | $0.0M | 74 |
| NORWEST EQUITY PARTNERS XI-A, LP | Private Equity Fund | $114.6M | $10.0M | 20 |
| NORWEST EQUITY PARTNERS XI-B, LP | Private Equity Fund | $500.0M | $0.0M | 2 |
| NORWEST EQUITY PARTNERS XI, LP | Private Equity Fund | $370.4M | $10.0M | 23 |
| NORWEST MEZZANINE PARTNERS III, LP | Private Equity Fund | $27.8M | $0.0M | 38 |
| NORWEST MEZZANINE PARTNERS IV - DEBT, LP | Private Equity Fund | $471.7M | $0.0M | 35 |
| NORWEST MEZZANINE PARTNERS IV - EQUITY, LP | Private Equity Fund | $406.6M | $0.0M | 35 |
| NORWEST MEZZANINE PARTNERS V-A, LP | Private Equity Fund | $56.4M | $10.0M | 15 |
| NORWEST MEZZANINE PARTNERS V-B - DEBT, LP | Private Equity Fund | $120.7M | $0.0M | 2 |
| NORWEST MEZZANINE PARTNERS V-B - EQUITY, LP | Private Equity Fund | $108.9M | $0.0M | 2 |
| NORWEST MEZZANINE PARTNERS V, LP | Private Equity Fund | $88.4M | $10.0M | 16 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| NORWEST CAPITAL GROUP LP | Domestic Entity | – | MEMBER | 09/2022 | > 75% |
| DEVRIES, TIMOTHY, CHARLES | Individual | – | CEO | 09/2022 | < 5% |
| ALLINGHAM, BRIAN, MICHAEL | Individual | – | COO | 09/2022 | < 5% |
| MOORSE, CHARLES, PAUL | Individual | – | CCO AND GENERAL COUNSEL | 09/2022 | < 5% |
| FIYOD, JOHN, KENNETH | Individual | – | CFO | 09/2022 | < 5% |
| NORWEST CAPITAL GP LLC | Domestic Entity | NORWEST CAPITAL GROUP LP | GENERAL PARTNER | 09/2022 | |
| DEVRIES, TIMOTHY, CHARLES | Individual | NORWEST CAPITAL GP LLC | MEMBER / MANAGER | 09/2022 | > 75% |
| ALLINGHAM, BRIAN, MICHAEL | Individual | NORWEST CAPITAL GP LLC | MANAGER | 09/2022 | |
| ARMAND, ANTHONY, EUGENE | Individual | NORWEST CAPITAL GP LLC | MANAGER | 09/2022 | |
| DEVRIES, TIMOTHY, CHARLES | Individual | NORWEST CAPITAL GROUP LP | LIMITED PARTNER | 09/2022 | > 75% |