Northgate Capital | |
Industry: | Venture capital |
Founded: | 2000 |
Founder: | Brent Jones Tommy Vardell |
Hq Location City: | San Francisco, California Danville, California London, United Kingdom Mexico City, Mexico |
Key People: | Managing director: Alfredo Alfaro[1] |
Northgate Capital is a venture capital and private equity investment firm with approximately $4.9 billion of assets under management and offices in San Francisco, Danville, Mexico City and London.[2]
Northgate was founded in 2000 by Brent Jones and Tommy Vardell following their retirement from the National Football League.
In 2010, Jones and Vardell sold a majority stake in Northgate to Religare Enterprises, an Indian financial services company, and continued to manage the firm as Partners.[3]
In 2016, Religare and Northgate's management team sold 100% ownership of Northgate to The Capital Partnership, a private investment firm, with offices in London and Dubai. Following the acquisition by TCP, both Jones and Vardell transitioned to the role of Founders and Senior Advisors to Northgate.[4]
In 2023, Northgate Capitol partners with Covariant in its research into artificial intelligence platforms.[5]