Neostellar Capital Corp. is a venture capital, mezzanine, secondary(direct) and business development company specializing in growth capital, emerging growth, late stage and venture capital-backed private companies. It prefers to invest in energy and utilities, consumer, technology, media and communication sectors. The company prefers to invest in United States of America and Canada. The firm only seeks minority stakes. Neostellar Capital Corp. was formerly known as SuRo Capital Corp. and changed its name to Neostellar Capital Corp. in July 2026. The company was founded in 2010 and is based in San Francisco, California.
Neostellar Capital Corp. Reports Second Quarter 2026 Financial Results
Neostellar Capital reported Q2 2026 net assets of $355.9 million, or $13.44 per share, a decrease from $14.24 per share at the end of Q1 2026.
The net investment loss for the quarter was $0.90 per share, primarily due to $20 million in non-recurring expenses related to the company's transition to an externally managed structure.
Investment activity included funding $15 million into TensorWave and $9.5 million into ClickHouse, while subsequent to quarter-end, the company secured $20 million via a redeemable promissory note from a Magnetar affiliate.