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New State Capital Partners LLC

● SEC registered since 2015CRD 170409SEC# 801-96312New Rochelle, NY
Export (members)
Ranks #2,210 of 6,004 private fund managers by regulatory AUM.
Reg. AUM
$1.95B
Fund GAV
$987.9M
Private funds
19
Employees
35
Accounts
19
Location
New Rochelle, NY

New State Capital Partners LLC assets under management

New State Capital Partners LLC is an investment advisory firm registered with the SEC based in New Rochelle, NY. The firm has been registered since 2015. It reports $2 billion in regulatory assets under management and employs 35 people. New State Capital Partners LLC manages 19 private funds with combined gross assets of $987.9 million, including New State Capital Partners Fund III, LP. By regulatory assets, it ranks 2,210 of 6,004 private fund managers.

New State Capital Partners LLC private funds

19 funds · $987.9M GAV
FundTypeGross assetsMin.
New State Capital Partners Fund III, LPPrivate Equity$330.2M$5M
New State Capital Partners Fund II, LPPrivate Equity$197.1M$5M
New State Capital Partners Fund, LPPrivate Equity$121.7M$5M
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New State Capital Partners LLC owners & executives

5 reported
NameTitleOwnershipSince
Andrea Diana Cipriani ControlChief Financial Officer & Chief Compliance OfficerUnder 5%2019
David Andrew Blechman ControlManaging Member / PartnerOver 75%2013
Frederick Stephen Larned ControlPartnerUnder 5%2016
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Frequently asked questions

How much does New State Capital Partners LLC manage?

New State Capital Partners LLC reports $2 billion in regulatory assets under management on its Form ADV.

How many private funds does New State Capital Partners LLC manage?

New State Capital Partners LLC manages 19 private funds with combined gross assets of $987.9 million.

How many employees does New State Capital Partners LLC have?

New State Capital Partners LLC reports 35 employees.

Where is New State Capital Partners LLC located?

New State Capital Partners LLC is based in New Rochelle, NY and has been SEC-registered since 2015.

Does New State Capital Partners LLC disclose fund performance?

New State Capital Partners LLC is not required to publicly disclose fund returns. Form ADV filings include assets, ownership, and service providers, shown above.

Contact & registration

Address270 North Avenue, 3rd Floor, New Rochelle, NY 10801
Phone212-675-1600
Office hours9 a.m. - 6 p.m.
SEC regionNew York Regional Office (NYRO)
Umbrella registrationYes
Discloses disciplinary historyNo

Regulatory AUM

$1.95B▲ 56%
Mar '25 — $1.25BApr '25 — $1.25BMay '25 — $1.25BJun '25 — $1.25BJul '25 — $1.25BAug '25 — $1.25BSep '25 — $1.25BOct '25 — $1.25BNov '25 — $1.25BDec '25 — $1.25BJan '26 — $1.25BFeb '26 — $1.25BMar '26 — $1.95BApr '26 — $1.95BMay '26 — $1.95BJun '26 — $1.95B
Mar '25Form ADV, monthlyJun '26

How this firm compares

Regulatory AUMTop 23%
Larger than 77% of 16,271 advisers
AUM vs fund managersTop 37%
Larger than 63% of 6,004 private-fund managers
Number of fundsTop 13%
More funds than 87% of fund managers
EmployeesTop 16%
More than 84% of 16,825 advisers

Assets under management

$1.95Bregulatory AUM
Discretionary $1.95B

Service providers