Ridgemont Partners Management, LLC (“Ridgemont”) is a private equity firm that
specializes in middle market buyout and growth equity investments. Ridgemont was
founded in 2010. The principal owners of Ridgemont are Charles L. Anderson, Edward A.
Balogh, Jr., Scott T. Dillon, Robert L. Edwards, Jr., Daniel T. Harknett, George E. Morgan,
III, Walker L. Poole, John J. Purcell and John A. Shimp, who each hold their interests in
Ridgemont indirectly through subsidiary vehicles, Ridgemont Partners Management
Holdings, L.P. and/or Ridgemont Partners Management Holdings, LLC.
Ridgemont’s investment advisory business is principally focused on middle-market buyout
and growth equity investments in closely-held private companies and new business
platforms. Ridgemont primarily focuses on industries in which it has deep expertise,
including business and tech-enabled services, healthcare, and industrial growth. Ridgemont
takes pride in having a collaborative, long-term, partnership-based approach to its business,
striving to forge close relationships with management teams, bankers, limited partners, and
other key constituents.
Ridgemont provides the services described above to its advisory clients, which are private
investment funds (collectively, the “Ridgemont Funds”). Generally, a related person of
Ridgemont acts as the general partner of each Ridgemont Fund, and Ridgemont serves as
investment adviser to each Ridgemont Fund. References to Ridgemont in this Brochure
include, as the context requires, affiliates through which Ridgemont provides investment
advisory services or that act in any capacity referenced in the previous sentence.
Ridgemont tailors its advisory services to
the specific investment objectives and
restrictions of each Ridgemont Fund pursuant to the investment guidelines and restrictions
set forth in each Ridgemont Fund’s limited partnership agreement and investment
management agreement. Investors and prospective investors of each Ridgemont Fund
should refer to the confidential private placement memorandum, limited partnership
agreement, investment management agreement and/or other governing documents
(collectively, the “Governing Documents”) of the applicable Ridgemont Fund for complete
information on the investment objectives and investment restrictions with respect to such
Ridgemont Fund. There is no assurance that any of the Ridgemont Funds’ investment
objectives will be achieved.
In accordance with common industry practice, the Ridgemont Funds and their general
partners enter into “side letters” or similar agreements with certain investors pursuant to
which the general partner grants the investor specific rights, benefits, or privileges that are
not made available to investors generally.
Ridgemont does not participate in any wrap fee programs.
With respect to an existing Ridgemont Fund currently managed by Ridgemont (the
“Legacy Ridgemont Fund”), Ridgemont generally manages such assets on a non-
discretionary basis as further described in Item 16. Ridgemont will manage all other assets
on a discretionary basis in accordance with the terms and conditions of each Ridgemont
Fund’s Governing Documents. As of December 31, 2023, the amount of assets Ridgemont
manages on a discretionary basis is approximately $7,625,963,000 and the amount of assets
Ridgemont manages on a non-discretionary basis is approximately $8,782,000.