Since 1996, Southridge Capital LLC has been at the helm of providing structures financial solutions to companies. These solutions are innovative and cover a broad spectrum of finance: financial analysis, optimization of balance sheets, bankruptcy advice, acquisitions and mergers, and how to settle legal services. The organized financial services of Southridge Capital involve proper securitization, enhancement of credit, and financial advice. With a dynamic leadership team led by its CEO Steven Hick, the group has invested nearly 2 billion US dollars in public companies since 1996. Apart from Hick, the leadership team comprises of Narine Persaud as the CFO, Henry Sargent as the COO, Laurence Ditkoff as the Research Director, and the portfolio management being led by Linda Carlsen.
At Southridge Capital, the focus is not only on investments but also in social responsibilities. The company’s team has been participating in philanthropic activities as part of social responsibility. For instance, the group encourages volunteer activities and takes part in social leadership. It is the passion for community growth that led to the founding of Daystar Foundation by Steven Hick and his wife. Now, the foundation partners with Southridge to financially support other organizations.
As the founder of Southridge Capital and an MBA graduate from the Fordham University, Steven Hick has been in charge of the company’s growth since 1996. The idea of starting the company emanated while he was working at hedge fund Company in New York. After a desire to start an own company, his principal allowed him to build Southridge while still working at the small hedge fund. Southridge was, thus, inspired by investment experience of Hick especially with hedge funds. His knowledge of over three decades in investment and public companies financing inform Southridge’s criteria for financing companies. Check out southridgeholdingsllc.com
Despite being a successful company, the investment journey of Southridge hasn’t been easier either. One instance is when the Petals Company failed despite massive investment from Southridge. This prompted the company to remain liquid and recover from the situation. According to Hick, the government is also an unfair player that lies in any confrontation. This is one significant aspect that some people wouldn’t agree with, but to experienced investors like Hick, a significant factor in business dealings. For more details visit Bloomberg.