Southridge Capital was founded by Stephen Hicks back in 1996 and is a Connecticut-based private equity firm that is providing securities brokerage services and investment banking. The company offers advisory as well as structured finance for public companies, being dedicated to help their diverse group of clients meet their financial needs by providing a full spectrum of financial solutions. Since being launched in 1996, Southridge invested $1.8 billion in companies across the world, financing more than 250 companies.
Southridge Capital is also active when it comes to social responsibility, demonstrating it through formal and informal philanthropy. Stephen Hicks alongside his wife launched Daystar Foundation, which supports a number of charitable organizations, by committing time and monetary resources. Southridge Capital and Daystar Foundation provided financial support for organizations such as LounsBury House, Bradford Peterson Memorial Scholarship Fund, the Bridgeport Rescue Mission, Save a Child’s Heart Foundation, and many more. Stephen Hicks pointed out the fact that through the Daystar Foundation, Southridge has been involved in charitable giving for decades, and that supporting meaningful causes is a personal mission as well as a social and corporate responsibility. The CEO noted that they hope to make significant impact in the lives of people, and to offer an example of what giving back could accomplish. Check out southridgeholdingsllc.com
In a recent interview, Stephen Hicks, the Chief Executive Officer and founding principal at Southridge Capital, talked about certain aspects of the company’s beginning as well as current trends. Mr. Hicks has been active for more than 30 years in the investment industry, and has experience in areas such as investment banking, financial structuring, risk arbitrage, and derivates. He holds a B.S. degree in Business Administration from King’s College, and an MBA earned from Fordham University. For more details visit Bloomberg.
Stephen Hicks notes that the idea of Southridge Capital came to him while he was in New York working for a small hedge fund. When the principal decided to wind down the operation and return to Australia, Hicks decided to start an operation of his own while still working in New York. When asked about current trends that excite him, Stephen Hicks pointed towards pot and cryptocurrency.