Investment adviser · CRD 170409

NEW STATE CAPITAL PARTNERS

Investment adviser filing (IA)

NEW STATE CAPITAL PARTNERS LLC

NEW ROCHELLE, NY, United States · Form ADV filed Mar 31, 2026

Regulatory AUM: $1.95B
Client accounts: 19
Employees: 35
Advisory professionals: 22

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Pooled investment vehicles	19	$1,952,880,695	100.0%

Filing source

Form ADV 2080629 · Mar 31, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

20 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

NEW STATE CAPITAL PARTNERS FUND III, LPPrivate Equity Fund · Last reported Mar 31, 2026$330MGross asset value

Form D fundraising filings

NEW STATE CAPITAL PARTNERS FUND III, LP

Fund administrator ALTER DOMUS DARIEN, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor CROWE HORWATH LLP ELKHART, Indiana, United States

Custodian BANK OF MONTREAL CHICAGO, Illinois, United States Related to adviser: No

Marketer M2O PRIVATE FUND ADVISORS WHITE PLAINS, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

CROWE HORWATH LLP
PCAOB 173

Fund details & source

Fund ID: 805-2865847288
Reported beneficial owners: 45
Minimum commitment: $5M
Form D file number: 021-394997

Form ADV 2080629 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

NEW STATE CAPITAL PARTNERS FUND II, LPPrivate Equity Fund · Last reported Mar 31, 2026$197MGross asset value

Form D fundraising filings

New State Capital Partners Fund II, LP

Fund administrator ALTER DOMUS DARIEN, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor CROWE HORWATH LLP ELKHART, Indiana, United States

Custodian BANK OF MONTREAL CHICAGO, Illinois, United States Related to adviser: No

Marketer M2O PRIVATE FUND ADVISORS WHITE PLAINS, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

CROWE HORWATH LLP
PCAOB 173

Fund details & source

Fund ID: 805-9186821640
Reported beneficial owners: 23
Minimum commitment: $5M
Form D file number: 021-307304

Form ADV 2080629 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

NEW STATE CAPITAL PARTNERS FUND, LPPrivate Equity Fund · Last reported Mar 31, 2026$122MGross asset value

Form D fundraising filings

New State Capital Partners Fund, LP

Fund administrator ALTER DOMUS DARIEN, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor CROWE HORWATH LLP ELKHART, Indiana, United States

Custodian BANK OF MONTREAL CHICAGO, Illinois, United States Related to adviser: No

Marketer SSG CAPITAL ADVISORS, LLC WEST CONSHOHOCKEN, Pennsylvania, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

CROWE HORWATH LLP
PCAOB 173

SSG CAPITAL ADVISORS, LLC
CRD 150750 · SEC 8-68292

Fund details & source

Fund ID: 805-4364219637
Reported beneficial owners: 18
Minimum commitment: $5M
Form D file number: 021-241757

Form ADV 2080629 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

NEW STATE CAPITAL PARTNERS FUND III-A, LPPrivate Equity Fund · Last reported Mar 31, 2026$81.4MGross asset value

Form D fundraising filings

NEW STATE CAPITAL PARTNERS FUND III-A, LP

Fund administrator ALTER DOMUS DARIEN, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor CROWE HORWATH LLP ELKHART, Indiana, United States

Custodian BANK OF MONTREAL CHICAGO, Illinois, United States Related to adviser: No

Marketer M2O PRIVATE FUND ADVISORS WHITE PLAINS, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

CROWE HORWATH LLP
PCAOB 173

Fund details & source

Fund ID: 805-9241150550
Reported beneficial owners: 15
Minimum commitment: $5M
Form D file number: 021-394998

Form ADV 2080629 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

NEW STATE CAPITAL PARTNERS FUND II B, LPPrivate Equity Fund · Last reported Mar 31, 2026$59.3MGross asset value

Fund administrator ALTER DOMUS DARIEN, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor CROWE HORWATH LLP ELKHART, Indiana, United States

Custodian BANK OF MONTREAL CHICAGO, Illinois, United States Related to adviser: No

Marketer M20 PRIVATE FUND ADVISORS WHITE PLAINS, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

CROWE HORWATH LLP
PCAOB 173

Fund details & source

Fund ID: 805-7139362295
Reported beneficial owners: 7
Minimum commitment: $5M
Form D file number: 021-307304

Form ADV 2080629 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

NEW STATE CAPITAL PARTNERS FUND IV, LPPrivate Equity Fund · Last reported Mar 31, 2026$51.9MGross asset value

Form D fundraising filings

NEW STATE CAPITAL PARTNERS FUND IV, LP

Fund administrator ALTER DOMUS DARIEN, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor CROWE HORWATH LLP ELKHART, Illinois, United States

Custodian BANK OF MONTREAL CHICAGO, Illinois, United States Related to adviser: No

Custodian JP MORGAN CHASE BANK NA NEW YORK, New York, United States Related to adviser: No

Marketer HARRIS WILLIAMS RICHMOND, Virginia, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

CROWE HORWATH LLP
PCAOB 173

HARRIS WILLIAMS
CRD 113930 · SEC 8-53380

Fund details & source

Fund ID: 805-2770109935
Reported beneficial owners: 73
Minimum commitment: $5M
Form D file number: 021-532433

Form ADV 2080629 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

NS UMS INVESTMENT LLCPrivate Equity Fund · Last reported Mar 31, 2026$24.7MGross asset value

Fund administrator ALTER DOMUS DARIEN, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor CROWE HORWATH LLP ELKHART, Illinois, United States

Custodian JP MORGAN PRIVATE BANK NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

CROWE HORWATH LLP
PCAOB 173

Fund details & source

Fund ID: 805-3200204299
Reported beneficial owners: 25
Minimum commitment: $0

Form ADV 2080629 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Mar 31, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

270 NORTH AVENUE, 3RD FLOOR
NEW ROCHELLE, NY, 10801, United States

CRD 170409

Filing source

Form ADV 2080629 · Mar 31, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.