About us

Mid-market Direct & Secondaries Investor

Stage Capital is an independent private equity firm specialising in direct and complex secondary investments in the mid-market. Stage Capital offers incumbent GPs and LPs the full range of liquidity solutions, customised to their needs.

The Stage Capital Team has a strong track record of managing complex secondary positions, both through funds and on balance sheet. Stage Capital’s first fund, Stage Capital (Laurel) LP, was formed for the acquisition of direct private equity interests from NBG, for which capital of over €300m was provided by Goldman Sachs Asset Management and Glendower Capital. Stage Capital’s second fund, was formed for the secondary acquisition of Polish real estate. Stage Capital’s first and second fund are both top quartile performers.1

Stage currently analyses new opportunities based on a deal-by-deal basis.

1 ‘as at Q2 2023 – top decile for IRR; top quartile for TVPI’