Northwestern Mutual Capital LLC specializes in direct and fund of fund investments. In direct investments, the firm typically invests in leveraged buyouts in form of private debt, equity, growth equity, infrastructure transactions, mezzanine, first lien, second lien, unitranche, HoldCo PIK, preferred or common equity, junior debt, senior equity, and private placements. The firm invests across a wide range of industries with a focus on the technology sector. It seeks to co-invest with other middle-market private equity firms in companies based in North America, Europe, and Asia.