Back to Strategy

A Leader in Middle Market GP Stakes

$0B
AUM
1+
Investment Professionals
1+
Investments
1+
Transactions
$1B+
Committed
Minority equity investments in middle market private capital firms, offering access to GPs at a potential inflection point of growth. Our targeted approach seeks to create stable income streams and attractive return opportunities for investors through long-term partnerships with market leading firms
GP Stakes
Read more
GP Stakes

Launched in 2020, RidgeLake Partners is a strategic partnership between Apogem Capital and OA Private Capital. RidgeLake seeks to build a portfolio of minority equity investments in middle market GPs across private markets strategies.

We believe the RidgeLake team’s significant experience as both a GP stakes and private equity investor uniquely positions it to capitalize on the largely untapped opportunity in middle market GP stakes. We believe our focus on middle market GPs enables RidgeLake to access GPs at an attractive growth inflection point, where RidgeLake’s strategic capital can enable the GP to further scale its platform, offering clients attractive total return potential with a differentiated yield profile.

RidgeLake also seeks to be a value-added partner to GPs, offering a long-term capital solution while supporting partner GPs with strategic counsel and access to RidgeLake’s deep industry relationships.

RidgeLake’s GP stakes strategy typically targets:

  • Minority equity investments in middle market GPs, typically with AUM between $1 billion and $20 billion
  • Target GP strategies: Private equity, private credit, secondaries, real assets and infrastructure
  • Target GP geographies: US, Canada, Western Europe
  • Established middle market GPs sourced through Apogem and OA Private Capital’s deep relationships with leading fund managers
  • Top-tier GPs with an established LP base and opportunities to increase AUM through fund size growth and / or expanding into adjacent strategies
  • Opportunities with differentiated return potential and an attractive cash yield profile

RidgeLake Partners is a strategic partnership between OA Private Capital and Apogem Capital, a New York Life Investments affiliate. OA Private Capital and Apogem Capital are doing business as RidgeLake Partners under D/B/As (RidgeLake Partners (OA), and RidgeLake Partners (NYLI), respectively). This information is a summary, is subject to change, and speaks only as of the date hereof.