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Parish Capital Advisors was a private equity investment firm headquartered in Chapel Hill, North Carolina, that specialized in niche and small-market fund investments. Founded in 2003, the firm focused on providing institutional investors with access to specialized fund managers in the small-cap and mid-cap sectors. Although it operated within the financial services sector, the firm managed significant assets through a fund-of-funds model. In January 2012, Parish Capital Advisors was acquired by StepStone Group, a global private markets investment firm, to bolster its small-market investment expertise. The firm did not engage in direct drug discovery, clinical development, or healthcare service provision. Its operations and team were integrated into StepStone's global platform following the acquisition.
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