NEW YORK--(BUSINESS WIRE)--Ridge Road Partners, an investment partnership focused on long-run value creation, today announced that it has completed three global deals over the course of its first year.
Ridge Road was formed in October 2012 by hedge fund veteran Adam Jiwan and serial entrepreneur Brian Norton. The firm, which has evaluated 17 proprietary deals since its inception, is exclusively focused on value creation and opportunity development. Ridge Road looks to create long-term value by owning and building up carefully selected businesses, complemented by strategic investments in public markets. Jiwan and Norton invest their own capital in their deals.
“Ridge Road is a unique firm with a targeted focus,” said Jiwan. “For the last year, we have been focusing on finding compelling opportunities with an emphasis on developing a solid foundation for the firm. We have experienced early success over the past year and are excited to continue investing in and developing strong businesses.”
Ridge Road has already demonstrated its versatility, completing three investments spanning the U.S., Europe and Africa and involving a range of industries. In executing the three deals this year, Ridge Road established its involvement in the consumer finance, education finance and oil logistics sectors.
“While our first investments differ by industry and geography, they each reflect our opportunistic approach at Ridge Road,” said Norton. “Our partnership has extensive global investment experience, and we rely on this to help us seek out the best existing businesses, and those that we can help grow for the future.”
Before partnering with Norton to form Ridge Road, Jiwan served as a partner of multi-billion dollar hedge fund TPG-Axon Capital Management where he helped develop the firm’s international presence as CEO of the U.K. office and co-CEO of the Hong Kong office. Norton was previously a partner and co-founder of Arch Bay Capital, a distressed real estate fund formed during the financial crisis that invested $1.5 billion in more than 15,000 homes across the U.S.
About Ridge Road Partners
Ridge Road Partners is an investment partnership that deploys flexible long-term capital in highly select opportunities. Ridge Road seeks to acquire or build great businesses, while making opportunistic investments in public markets as they arise. Formed by hedge fund veteran Adam Jiwan and serial entrepreneur Brian Norton, the managing partners invest their own capital in deals. Ridge Road’s core investments include traditional buyouts of family businesses, intensive turnarounds/restructurings as principals, highly selective company builds, and opportunistic public investing. For more information, visit: http://ridgeroadpartners.com.