Founded in 1996, Southridge Capital is renowned for providing unique financial solutions to public companies. They have a talented team with an in-depth knowledge of the current market trends dedicated to devising creative financial solutions for its clients. They have reportedly invested a whopping amount of $1.8 billion in emerging markets since its inception. Their long and enriching history of funding over 250 public companies has made them experts in recognizing the issues faced by companies in their initial phases.
The founding member and the current Chief Executive Officer, Stephen M. Hicks has played a crucial role in building the company. He holds the responsibility of supervising major decisions of the firm and also actively takes part in the process of business development and project execution. With an experience over three decades in the finance sector, he specializes in investment banking, arbitrage and financial structuring. He graduated from King’s College, New York in the Business Administration and also holds an MBA from the University of Fordham, New York.
Recently in an interview, he talked about the inception of the company and how he managed to steer it towards a whole new level during his tenure as the founder.
When asked about how he came up with the idea of founding Southridge Capital, Stephen responded by saying that in the 90s he was working for a small hedge fund in New York. The founder of that hedge fund had to go to Australia for about a year, during which he brewed up the idea of opening his own hedge fund and thus founded Southridge while working for the midsized hedge fund he was already involved in.
To being asked about how he manages to make his ideas a reality, he was prompt to say the word experience. He believes the experience he has gained over the years helps him with his decisions for recognizing companies that hold potential and financing them to make a mark on their respective markets. For more details visit LinkedIn.
Stephen also mentioned that his current interests lie in cryptocurrency because he believes it to be a booming market with its rapid expansion rate observed in the last few years.
Lastly, he talked about his failures as an entrepreneur. He recalls how they put huge amounts of money in a company called Petals which later hit rock bottom and was a tremendous setback for Southridge Capital. The investment firm managed to somehow stay liquid enough until things returned back to normal. You can visit their Facebook page.