In 1996, Southridge Capital of Ridgefield, Connecticut, was founded without outsider help by Stephen M. Hicks. 22 years later, Stephen Hicks is still Southridge Capital’s one and only Chief Executive Officer; under the business veteran’s leadership, the company has collectively poured more than $1.78 billion’s worth of investments into small and medium-sized businesses experiencing rapid growth. Mr. Hicks earns returns for Southridge’s investors by allocating their capital into companies that are currently in the process of rapid, untethered growth.
Southridge Capital is a unique alternative investment firm – that’s for sure
Part of being an alternative investment firm is offering vehicles of investment that aren’t like most investment firms’ or portfolio management companies’ methods of generating returns for investors. Just like hedge funds – hedge funds are technically classified as alternative investment firms themselves, though their strategies of earning revenues from investments are far different than investment firms like Southridge Capital – alternative investment firms earn income from placing clients’ assets in risky stores of value.
Traditional investment firms, portfolio managers, financial advisors, and other professional monitors of clients’ invested assets typically place such assets in “normal” stores of value including financial instruments – bonds, stocks, options, and currencies – and commodities like gold or soybeans. You can visit southridge.com
Southridge Capital’s strategy of investing is far different from the all-too-common strategy listed above. Rather than looking towards “safe” stores of capital value like stocks, Hicks’ very own company seeks out companies undergoing rapid growth to purchase shares of ownership totaling less than 50 percent of all outstanding private shares; this keeps Southridge Capital’s management from having to actively manage the day-to-day operations of companies they invest in.
According to PR Newswire, the company also provides advice to corporations with more than 500 employees of what investments to make in their particular situations; analyzing their current performance, financial statements, and potential upgrades to make on balance sheets and income statements; how to go about merging with and acquiring other entities; restructuring their operations, stakes of ownership, and debt structures. Southridge also helps these corporations in legal disputes as overseen by Southridge’s resident corporate attorney, Henry B. Sargent, CFA, JD.