Southridge Capital is one of the hottest alternative investment management groups on the market right now. While some of the world’s largest alternative asset management firms include the likes of JP Morgan Asset Management, Kohlberg Kravis Roberts & Co., and Principal Global Investors, Southridge Capital – even though this Connecticut-based firm isn’t as nearly as popular as its aforementioned counterparts – is one of the hottest mid-sized investment management groups out there.
According to Newswire, Ridgefield, Connecticut, is home to Southridge . The company was founded by Stephen M. Hicks – Mr. Hicks still serves the investment firm to this day as its Chief Executive Officer, the only role he’s held since he created the firm over 20 successful years ago – in 1996 after he found out he would soon lose his long-held position as a hedge fund employee the year prior to Southridge Capital’s incorporation.
His now-former employer – the owner of the mid-sized hedge fund mentioned above – planned on exiting the field as soon as possible back in 1995; however, due to obligations he was forced to meet prior to collapsing the investment agency, the owner couldn’t close it for another year. He informed Stephen Hicks of the issue – Hicks quickly decided he needed to found an investment group of his own and was able to solicit the top-notch, in-depth expertise of his then-current employer. Check out ideamensch for more.
In less than one year’s time after the former employer began helping Mr. Stephen P. Hicks, he learned virtually all he needed to figure out to successfully incorporate his own alternative asset management firm. Although Hicks didn’t go through with creating a hedge fund like the now-former employer and lifelong hedge fund manager operated, the alternative investment management firm he’s been the CEO of for the past 22 years has certainly turned out to be a good idea. Southridge Capital has been known as one of the hottest such firms in the entirety of Connecticut for two full decades.
The company makes money by offering corporations services including consulting related to mergers and acquisitions, structuring financing and debt, and optimizing balance sheets.