A Saint Paul private equity shop is betting that warehouses, refrigerated trucks and neighborhood restaurants - not startups - are where patient money still compounds. Its promise to investors is a structure where the firm wins only when they do.
Fiat Ventures started as a fintech growth shop, not a checkbook. That order - consulting first, capital second - is the whole pitch, and it is why founders let the firm into the room before the term sheet.
Vertica Capital Partners buys the mission-critical software most investors ignore - and then treats the board seat like a day job.