Long Ridge Equity Partners

Long Ridge Capital Management, LP provides discretionary investment management to a series of private equity funds (Fund I–IV and related co‑investment and special purpose vehicles), targeting long‑term capital appreciation through private investments in the financial services and business services sectors. The firm focuses on companies with enterprise values generally between $10 million and $250 million and equity investments typically between $5 million and $100 million, and reports approximately $2.098 billion in assets under management as of December 31, 2025.

LRCM pursues an active, hands‑on private equity approach that draws on the experience of its partners and investment professionals, using growth equity, recapitalizations, leveraged acquisitions, restructurings and build‑ups to seek both minority and control positions. The firm engages operating partners and an investor Advisory Committee to support sourcing, diligence and portfolio company value‑creation, and its funds pay percentage‑of‑AUM management fees (with specific fee terms varying by fund and certain fee offsets described in the offering documents).

The brochure discloses that LRCM engages third‑party placement agents and pays solicitation/referral fees that are borne indirectly via offsets to management fees, and it notes the firm uses marketing materials that include testimonials, predecessor performance, third‑party ratings and endorsements — features that are relatively uncommon among comparable investment managers. The offering documents also allow for side letters granting certain limited partners expanded informational or economic rights, and the firm has taken specific fee actions for investors (for example, it irrevocably waived Fund I management fees after March 8, 2023), which prospective investors should review in the fund documents.