Investment adviser · CRD 323642

NORWEST CAPITAL ADVISORS, LLC

Investment adviser filing (IA)

MINNEAPOLIS, MN, United States · Form ADV filed Apr 30, 2026

Regulatory AUM
$3.84B
Form ADV · Item 5.F
Client accounts
12
Accounts, not individual clients
Employees
40
Reported in this filing
Advisory professionals
28
Investment advisory functions

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client typeClientsRegulatory assetsShare of AUM
Pooled investment vehicles12$3,835,548,010100.0%
Filing source

Form ADV 2093663 · Apr 30, 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

12 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.

NORWEST EQUITY PARTNERS X, LPPrivate Equity Fund · Last reported Apr 30, 2026$1.15BGross asset value
Auditor KPMG LLP BOSTON, Massachusetts, United States
Custodian WELLS FARGO BANK, N.A. SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

KPMG LLP
PCAOB 185

WELLS FARGO BANK, N.A.
LEI KB1H1DSPRFMYMCUFXT09

Fund details & source
Fund ID
805-2572256465
Reported beneficial owners
77
Minimum commitment
$0

Form ADV 2093663 · Apr 30, 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.

NORWEST EQUITY PARTNERS IX, LPPrivate Equity Fund · Last reported Apr 30, 2026$624MGross asset value
Auditor KPMG LLP BOSTON, Massachusetts, United States
Custodian WELLS FARGO BANK, N.A. SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

KPMG LLP
PCAOB 185

WELLS FARGO BANK, N.A.
LEI KB1H1DSPRFMYMCUFXT09

Fund details & source
Fund ID
805-7459108422
Reported beneficial owners
77
Minimum commitment
$0

Form ADV 2093663 · Apr 30, 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.

NORWEST MEZZANINE PARTNERS IV - EQUITY, LPPrivate Equity Fund · Last reported Apr 30, 2026$341MGross asset value
Auditor KPMG LLP BOSTON, Massachusetts, United States
Custodian WELLS FARGO BANK, N.A. SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

KPMG LLP
PCAOB 185

WELLS FARGO BANK, N.A.
LEI KB1H1DSPRFMYMCUFXT09

Fund details & source
Fund ID
805-8420002960
Reported beneficial owners
35
Minimum commitment
$0

Form ADV 2093663 · Apr 30, 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.

NORWEST MEZZANINE PARTNERS IV - DEBT, LPPrivate Equity Fund · Last reported Apr 30, 2026$310MGross asset value
Auditor KPMG LLP BOSTON, Massachusetts, United States
Custodian WELLS FARGO BANK, N.A. SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

KPMG LLP
PCAOB 185

WELLS FARGO BANK, N.A.
LEI KB1H1DSPRFMYMCUFXT09

Fund details & source
Fund ID
805-2301801811
Reported beneficial owners
35
Minimum commitment
$0

Form ADV 2093663 · Apr 30, 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.

NORWEST EQUITY PARTNERS XI-B, LPPrivate Equity Fund · Last reported Apr 30, 2026$191MGross asset value
Auditor KPMG LLP BOSTON, Massachusetts, United States
Custodian WELLS FARGO BANK, N.A. SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

KPMG LLP
PCAOB 185

WELLS FARGO BANK, N.A.
LEI KB1H1DSPRFMYMCUFXT09

Fund details & source
Fund ID
805-6596184819
Reported beneficial owners
2
Minimum commitment
$0

Form ADV 2093663 · Apr 30, 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.

NORWEST EQUITY PARTNERS XI, LPPrivate Equity Fund · Last reported Apr 30, 2026$153MGross asset value

Form D fundraising filings

NORWEST EQUITY PARTNERS XI, LP

Auditor KPMG LLP BOSTON, Massachusetts, United States
Custodian WELLS FARGO BANK, N.A. SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

KPMG LLP
PCAOB 185

WELLS FARGO BANK, N.A.
LEI KB1H1DSPRFMYMCUFXT09

Fund details & source
Fund ID
805-2034404558
Reported beneficial owners
42
Minimum commitment
$10M
Form D file number
021-493415

Form ADV 2093663 · Apr 30, 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.

NORWEST MEZZANINE PARTNERS V-B - DEBT, LPPrivate Equity Fund · Last reported Apr 30, 2026$75MGross asset value
Auditor KPMG LLP BOSTON, Massachusetts, United States
Custodian WELLS FARGO BANK, N.A. SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

KPMG LLP
PCAOB 185

WELLS FARGO BANK, N.A.
LEI KB1H1DSPRFMYMCUFXT09

Fund details & source
Fund ID
805-7928298963
Reported beneficial owners
2
Minimum commitment
$0

Form ADV 2093663 · Apr 30, 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: Apr 30, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

250 NICOLLET MALL, SUITE 950
MINNEAPOLIS, MN, 55401, United States

CRD 323642

Filing source

Form ADV 2093663 · Apr 30, 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.