New State Capital Partners Launches Forge Select, Adds Sanjay Gupta to Lead Non-Control Investment Strategy
NEW ROCHELLE, N.Y., Jan. 26, 2026 /PRNewswire/ — Lower middle market specialist New State Capital Partners (“New State”) today announced the launch of Forge Select, a dedicated non-control investment strategy focused on partnering with leading independent sponsors. Forge Select builds on New State’s long-standing presence in the independent sponsor market and expands the firm’s ability to partner with these groups.
New State has been active in the independent sponsor ecosystem since its nascency, having built relationships with more than 1,000 independent sponsors and completed six transactions alongside independent sponsors to date. As the market has scaled, a growing…
