Alternative Investment Specialist Banner Ridge Partners Secures Over $7 Billion from Diverse Institutional Investors

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.