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A Partner for Private Capital

With a legacy of managing a more than $7.8 billion private equity portfolio primarily for a Fortune 500 financial services organization, we’ve evolved into an institutional limited partner bringing strategic insight, disciplined execution, and long-term partnership approach to our middle market private equity firm relationships.

See Our Investment Strategy

Strength and stability

Nearly two decades of focus in middle market and lower middle market buyouts seeking to cultivate a deep network and differentiated access to fundraise opportunities


Committed

Committed

Thrivent Private Investments has been a dedicated investor in the private equity asset class for over 20 years. We seek to generate strong returns and consistently invest across market cycles.  With a focus on lower middle market and middle market opportunities, we expect to invest more than $1 billion each year across our fund and equity co-investment platforms.

Trusted

Trusted

Our team of professionals is deeply committed to building enduring relationships with fund managers and maintaining a robust network across the private equity landscape. We have sought to cultivate a strong and respectable reputation in the market over the past 20 years through an ability to execute on deals and with our aim of being a good partner to our fund managers.

Access

Access

Our relationship-focused approach to every partnership seeks to align our interest and affords Thrivent the opportunity to complete diligence, provide thoughtful feedback, and commit to numerous co-investment opportunities alongside our general partners.

Pursuing Opportunity
with Purpose

Thrivent Private Investments is proud to manage a growing and diverse private equity portfolio built on strategic partnerships, disciplined execution, and a long-term view. We are actively pursuing investments across a range of areas that align with our values and performance goals.

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By the numbers*

220+

Limited Partner Relationships

Our strategy has been to seek long-standing relationships with high-performing general partners and we are proud to actively manage more than 220 limited partnership commitments across lower middle market, middle market, and select alternative strategy landscape.

200+

Co-Investments

With more than 200 direct co-investments completed over the past 20 years, we've built long-standing relationships with our fund managers grounded in the pursuit of transparency, and shared success.

15+

Team Members

We are a high quality and experienced group of individuals with diverse skill sets including credit, investment banking, accounting, and equity research backgrounds, who come together as a team to evaluate opportunities and make decisions.


*Figures as of March 31, 2025