Bringing Value to the Surface

Liquidity solutions for the private markets

Our Focus

Providing liquidity solutions to the private markets (private equity, private debt, venture capital, and real assets) through the secondary markets.

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Upwelling Capital Group

Founded in 2011, Upwelling Capital Group LLC is an investment manager focused on providing advisory and capital solutions to premier institutional investors and private capital managers. Throughout their careers, the Principals of Upwelling have cumulatively overseen over $50 billion in global private equity commitments and have successfully managed over $5 billion in legacy, tail-end commitments, transfers and workouts for leading institutional investors.

Latest News

Axios: Private equity’s tail risk

Axios featured in a recent article, Upwelling’s latest white paper, “No Country for Old Funds.” In the article, Axios highlights key findings form the article, including: Read the full article…

Upwelling Research Highlighted by PEI: LPs benefit from offloading tail-end stakes early – study

In a recent article, PEI highlighted key findings from Upwelling’s latest research report, “No Country for Old Funds“. PEI underscores that LPs benefit from selling tail-end funds early rather than…

Upwelling Research Highlighted in PEI Side Letter: Black Hole Fund

As continuation vehicles (“CVs”) become a mainstay of private equity, the market is responding: > LPs are more commonly participating as secondary investors.> Simultaneously, portfolio “black holes” are being left…

Upwelling Capital Group has a bicoastal presence in Sacramento and New York