Fund Oversubscription and Investor Profile
Banner Ridge Partners, an alternative investment specialist, recently closed its fifth fundraise at a staggering $7.3 billion.
The fund attracted significant interest from various institutional investors, showcasing a diverse range of contributors, including pension funds and esteemed family offices.
Strategic Investment Focus and Track Record
Since its emergence as an independent entity in June 2019, Banner Ridge Partners has maintained a robust strategy that began in 2010 at its previous establishment.
Over $3.0 billion has been committed to more than 150 discrete managers, emphasizing distressed, special situations, and credit strategies on a global scale.
The firm’s approach encompasses primary, secondary, and co-investments with private equity sponsors within its target market. The focus remains on navigating a subset of the market marked by complexity and limited information access.
Leadership and Firm Overview
Founded by C.J. Driessen and Anthony Cusano, Banner Ridge Partners specializes in identifying and managing private equity managers in niche markets.
The firm orchestrates various investment vehicles catering to primary, co-investment, and secondary investment strategies.
Conclusion and Publication Details
The update on Banner Ridge Partners’ successful fundraise was featured on FinSMEs on 05/01/2024, marking a significant milestone for the alternative investment firm.
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