The Firm believes that unique alternative investment products, utilizing credit-based, relative value investment strategies that focus on total investment return, can deliver results that are diversified, attractive and uncorrelated when compared with other investing alternatives.
Since its founding in 2004, Cedar Ridge Partners has been an active investment manager in the domestic credit markets. The firm's Principals are part of a tight-knit group, and collectively the team has over 100 years of credit structuring, investment and analysis experience.
Non-taxable and taxable Municipal Bonds are a unique specialty of the firm, as the Principals, during their careers, have managed and advised upon the original issuance of billions of dollars of such securities in the public and private markets. The team has applied their considerable skill set to the trading of the municipal bond asset class, as well as the broader US credit markets in the construction and management of diversified fixed income portfolios. These portfolios are offered through a variety of public and private alternative investment products, each targeted to a specific client base.
Cedar Ridge Partners, LLC was founded by Alan Hart after a successful investment banking career at The First Boston Corporation, Goldman, Sachs & Co., and Bear Stearns & Co. Alan was a public finance banker for twenty years prior to the launch of Cedar Ridge, and now has over 30 years of fixed income experience in structuring and trading municipal and high yield transactions.
The firm has added five additional investment professionals since inception, bringing with them extensive experience in the firm's primary areas of industry and sector emphasis, specifically airlines, diversified finance, energy, healthcare, industrials, power generation, pulp & paper, transportation, utilities, certain asset-backed securitizations, and obligations of states, municipalities and territories.
Total AUM at Cedar Ridge has expanded considerably, from $1.5 million at inception to approximately $150 million today. The firm manages these assets on behalf of a variety of long/short credit strategies, and has developed both internal and external risk awareness tools to better manage money in the less liquid, more volatile, post Dodd-Frank world.