Southridge Capital is a Connecticut-based private equity company that specializes in security brokerage and investment banking services. Founded in 1996, the private equity firm is staffed by a seasoned team of 50 employees that strive to provide exceptional services. The company has become synonymous with raising funding rounds that have yielded substantial revenue for investment into its highly profitable strategies. For starters, Southridge Capital is credited with raising $4.2 million for Fakespace Systems and $1.76 million for Raft International. Such funding rounds have elevated the private equity firm into a prominent and reliable investment destination.
As the Founding Principal and Chief Executive Officer, Stephen Hicks has played an immense role in steering Southridge Capital to unprecedented success. With over three decades’ worth of experience, Mr. Hicks brings on board unrivaled expertise in risk arbitrage, derivatives and financial structuring. A recent interview with the CEO helped shed some insight into the company’s impressive growth.
Where Did The Idea For Southridge Capital Originate?
Southridge Capital’s inception came into existence when Mr. Hicks worked at an upcoming New York hedge fund. While harnessing his expertise, Hicks deemed it necessary to start his own hedge fund and explore his entrepreneurial potential. You can visit Bloomberg for more.
How Are Ideas Brought To Life?
Experience is a crucial success ingredient when working in Wall Street. With over two decades of networking with various professionals, Hicks has identified companies in need of financing and investment opportunities. By managing Southridge Capital, he has earned clients’ trust to identify excellent investment opportunities.
How Did He Overcome One Critical Failure As An Entrepreneur?
Having invested too much capital in a company known as Petals, Stephen Hicks suffered a major setback when the company ultimately failed. Fortunately, he had learned a vital lesson and managed to stay liquid and navigate his way out of the investment. As the Founder of Southridge Capital, Hicks has mastered the art of identifying good investments from bad ones.
Identify One Piece of Software That Promotes Productivity
According to Southridge Capital’s CEO, reading the OTC markets, Quotestream and Wall Street Journal have proven to be essential in understanding individual company trends and markets. As a decorated entrepreneur, Mr. Hicks highly advises aspiring entrepreneurs to create a CNBC-based cryptocurrency channel to explore the untapped market wielded by Blockchain and cryptocurrency. The recent surge in Blockchain and cryptocurrency has proven to be an exciting trend that has captivated Stephen Hicks in his quest for business excellence.
Read more: https://www.crunchbase.com/organization/southridge-investment-group#section-overview