Long Ridge Equity Partners: Fueling Growth in Financial and Business Technology Sectors

Investment firm, Long Ridge Equity Partners, announces successful closing of oversubscribed Fund IV, raising $730 million.

Long Ridge Equity Partners, a leading private equity firm specializing in growth companies in the financial and business technology sectors, has recently closed its Fund IV with a total commitment of $730 million. This significantly oversubscribed fund attracted a diverse group of investors, including endowments, foundations, public pensions, asset managers, insurance companies, wealth managers, and family offices.

The three-month fundraising effort saw Fund IV reach its hard cap of $650 million in Limited Partner commitments, with an additional $80 million coming from the General Partner and the firm's network of executives and advisors. Remarkably, all the institutional investors from Long Ridge Equity Partners III returned as investors in Fund IV, emphasizing the confidence and support for the firm's investment strategy.

Long Ridge's Founder and Managing Partner, Jim Brown, expressed gratitude towards both new and returning limited partners. Despite a volatile market backdrop, the firm's collaborative approach in building market-leading financial and business technology companies has resonated with a world-class group of investors. This consistency and success have been key factors in attracting capital for Fund IV.

Fund IV will continue to focus on making majority and significant minority investments in high-growth financial and business technology enterprises, led by exceptional management teams. The firm is dedicated to providing value-added partnership, strategic resources, and capital to support the growth and professionalization of businesses in these sectors.

Kevin Bhatt, Managing Partner of Long Ridge, acknowledged the contributions of founders and executives who have chosen to partner with the firm to enhance their businesses. He expressed enthusiasm for supporting the next generation of business and financial technology innovators with the newly raised capital. Fund IV represents a significant milestone for Long Ridge, highlighting the firm's growth and development over the years.

Monument Group served as the exclusive global advisor and placement agent for Long Ridge Equity Partners IV, while Proskauer Rose acted as legal advisor for the fund. These partnerships played a vital role in the successful closing of Fund IV.

About Long Ridge Equity Partners:

Established in 2007, Long Ridge Equity Partners is a private investment firm specializing in the financial and business technology sectors. With deep sector knowledge and an extensive network of industry resources, Long Ridge serves as a value-added partner to high-growth businesses. The firm has sponsored numerous successful growth companies since its inception, providing management teams with partnership, strategic resources, and capital for profitable expansion. Long Ridge currently manages over $1.75 billion in committed capital.

For more information on Long Ridge Equity Partners, please visit [www.long-ridge.com](https://www.long-ridge.com/).