Fund Investments

Target Investment Profile	Services-based companies in the Southeast and Texas (opportunistically elsewhere) in these industries: Healthcare services / Healthcare IT Financial services / Insurance Business services Revenue greater than $5 million, with opportunity for significant growth (organic or acquisition) Proven business model with the potential to become the leading company in a market niche
Target Structures	Buyouts, acquisitions, recapitalizations and growth equity $2 to $20 million of equity capital (and up to $100 million with established equity partners, as required) NCP is usually the sole or lead equity investor, but we also co-invest with partners with whom we have long-standing relationships

Active Investments

ASI is a property and casualty insurance company.

Cogent Partners is a boutique investment bank and financial services company working with large institutional investors to manage their private equity portfolios, including sales in the secondary market.

GeoVera Insurance is a specialty residential insurer focused on specialty homeowners and residential earthquake products.

Hospice Partners owns and operates community hospices, providing holistic, end-of-life care.

Medcall is a specialty PBM providing services to the long-term care industry.

Outcome Resources is a specialty PBM focused on serving hospices.

Medsurant Monitoring provides intraoperative monitoring (IOM) services for complex brain and spine surgeries.

National Bank of Commerce is a bank holding company operating in markets across Alabama with plans to expand opportunistically across the Southeast.

Return Mail is an outsourced service company providing automated handling of return mail. RMI also delivers address correction and data services to bulk mailers.

Teladoc provides members 24/7/365 on-demand access to a national network of U.S. board-certified physicians who can resolve many of their medical issues via phone or online video consultations. Teladoc is a convenient, affordable solution to today's healthcare issues: cost, access, and quality.

ViaFit is a leading provider of orthotic and prosthetic goods and services in the State of Texas.

Past Investments

Awarix provides enterprise visibility software solutions which allow hospitals to streamline throughput, improve caregiver effectiveness and increase patient satisfaction. (Acquired by McKesson, NYSE:MCK)

HospiScript Services is a pharmacy services company that specializes in providing medications and medication management services to 500 hospices throughout the United States. (Acquired by Catalyst Health Solutions, NASDAQ:CHSI)

PCM Capital is a specialty finance company providing lease financing for niche businesses such as PODS (Portable On Demand Storage).(Aquired by Management).

Prism Pointe Technologies is an IT outsourcing company that provides extended warranty, maintenance and repair for computer equipment for both Federal Government and commercial customers.(Aquired by Systems Maintenance Services)

Senior Whole Health is a senior care organization contracted with CMS, Massachusetts and New York to unify the delivery and financing of healthcare benefits to seniors eligible for Medicare and Medicaid. (Awarded Inc. 500 Fastest Growing Company - #1 Ranking in 2008 and aquired by TA Associates)

New Capital Partners - Southeast & Texas Private Equity