| Rank | PE Firm | Location | AUM ($ Billions) |
|---|---|---|---|
| 1 | Castlelake | Minneapolis, MN | $26.3B |
| 2 | Thrivent Financial FOR Lutherans | Minneapolis, MN | $16.4B |
| 3 | Norwest Capital Advisors | Minneapolis, MN | $4.2B |
| 4 | Proterra Investment Partners | Minneapolis, MN | $2.8B |
| 5 | Yukon Partners Management | Minneapolis, MN | $1.8B |
| 6 | Granite Partners | St. Cloud, MN | $1.4B |
| 7 | Shoreview Industries II | Minneapolis, MN | $1.1B |
| 8 | TTCP Management Services | Bloomington, MN | $1B |
| 9 | Goldner Hawn | Minneapolis, MN | $0.8B |
| 10 | Clearwater Management | St Paul, MN | $0.8B |