Ascentivelab Group Expands Deal-by-Deal Origination as $3.7 Trillion Sits Uninvested
NEW YORK,NY—(SP Tech Solutions)—Sep.07,2026 — Ascentivelab Group, a New York-based private capital markets firm, today announced an expansion of its mandate-driven origination platform, offering family offices and institutional allocators a deal-by-deal alternative to committed fund capital at a moment when a record volume of that capital remains undeployed.
Global private capital dry powder stood at approximately $3.7 trillion entering 2026, roughly double its 2019 level, according to Preqin data cited in Bain & Company research. Venture funds account for roughly $600 billion of that figure. The capital has been legally committed by investors. It has not been called, and it has not bought anything.
The mechanics behind that gap are well understood by allocators. A commitment is drawn down over an investment period of roughly five years as the manager finds transactions. The investor does not select the assets, does not control the pace and cannot redirect the capital once committed. Much of the capital still uncalled today was raised during fundraising cycles concentrated in 2022 and 2023.
Ascentivelab Group inverts that structure. Each opportunity is presented individually, against criteria the investor has already defined, and the investor decides on that transaction alone. Nothing is committed in advance and no capital sits idle awaiting a manager’s decision.
The firm maintains investor mandates in detail, covering check size, position in the capital structure, sector, stage, control preference, hold period and geography. Coverage is continuous rather than campaign-driven, tracking ownership, capital structure and transition activity across the firm’s sectors so that an opportunity is matched before it is circulated.
Because the model is transaction-specific, structure follows the asset rather than a fund’s product mandate. Current engagements span common and preferred equity, convertible instruments, venture and growth debt, senior and subordinated facilities, mezzanine capital, royalty and revenue based structures, minority and majority recapitalizations, and sell-side sale processes. Investors positioned in credit see credit. Investors seeking control see control. Companies presented through the platform are typically past technical and product risk, with paying customers and contracted revenue, raising to scale commercially rather than to prove a concept.
Sector coverage includes digital infrastructure and data centers, energy and project finance, technology, healthcare, industrials, business and financial services, defense and military technology, and biotechnology, medical technology and life sciences. The firm also works on specialized privately held assets, including real estate positions, private collections and art holdings.
“An investor who commits to a fund has bought exposure to a decision that has not been made yet, by someone they do not sit next to,” said Deepesh Shivnani, Managing Partner at Ascentivelab Group. “Deal by deal, they see the asset, the price and the structure, and they say yes or no. The firm’s work is making sure the ones they see are worth the meeting.”
According to company records, Ascentivelab Group carries between $100 million and $400 million in active sell-side and capital raising mandates at any given time, alongside origination mandates from family offices and adjacent investor groups in the hundreds of millions. The firm has advised on transactions representing more than $1 billion in aggregate transaction volume. Active mandates represent capital markets engagements currently being worked on by the firm. They do not represent completed transactions, capital raised, committed investment capital or guaranteed financing outcomes.
About Ascentivelab Group
Ascentivelab Group is a New York-based private capital markets firm founded in 2022, providing mandate-driven origination for family offices, private equity firms, private credit funds, specialized investment funds and venture investors, together with capital raising and sell-side advisory for founders and business owners.
Media Contact
Contact Name : Deepesh Shivnani , Managing Partner
Company Name : Ascentivelab Group
Email : deepesh@ascentivelab.com
Website URL : https://www.ascentivelab.com/