JENKINTOWN, PA – Direct investment opportunities in the secondary and co-investment marketplace are a growing part of Alden Investment Group, thanks to its family office affiliate, Old Greenwich Capital Partners (OGCP).
OGCP, an alternative asset manager founded in 2005, offers institutional and qualified investors a la carte access to proprietary and multi-asset class deals sourced from independent sponsors, private equity, venture capital, hedge fund, and real estate managers.
“Secondary transactions are a growing part of the capital markets business at Alden,” said Lee Calfo, CEO of Alden Investment Group. “We are seeing increased demand on both the issuer and purchaser sides of these trades. We plan to continue to build the firm’s capabilities and relationships in this area to enhance our presence in this market and our ability to complete these transactions.”
The trend for U.S. companies to remain private for a longer period of time reduces the number of public companies available to most investors. With the recent shift from public to private markets, OGCP brings value to investors with liquidity access that would otherwise be difficult to achieve. Highlighted opportunities, with values from $10 million to $50 million, include companies such as Ripple, Robinhood, Lemonade, Airbnb, DraftKings and Instacart.
Jeffrey Arsenault, founder and principal partner of Old Greenwich Capital Partners, explains the catalyst for OGCP’s growth over the last several years. “We have a presence throughout North America and Europe with endowments and family offices and continue to see demand for secondary transactions. Our goal is to align ourselves with strategic, trusted partners and facilitate successful trades.”
Demand for trades in these types of transactions will continue to grow, and OGCP is ready as a dedicated institutional desk for wealth managers, asset managers, family offices and financial institutions while providing the professional and meticulous processes their customers expect.
About Old Greenwich Capital Partners
Jeff Arsenault is the Founder & CEO of Old Greenwich Capital Partners, an NYC-based firm that provides unique access to hard-to-source investment opportunities across private markets including venture, hedge funds, and private equity. For over three decades, institutions and private investors have trusted Jeff’s judgment and acumen in the sourcing, building, and distribution of investment products as well as the co-investment partnerships established in sourcing one-off private deals for his discriminating network.
About Alden Investment Group
Founded in 1995, Alden Investment Group is an independent firm with a full-service broker-dealer and registered investment adviser. The firm offers a large and diverse menu of services including individual account management, institutional research, investment banking, private placement offerings, wholesaling services, retirement plans, equity trading, fixed income trading, and options trading, among other broker-dealer and RIA capabilities. The firm has 45 advisors spread across 14 districts and states, including most recently Puerto Rico. The firm has the ability to work with advisors who wish to be fully integrated to an RIA and broker-dealer, or in a hybrid format accessing only the entities they require. The firm offers a robust platform for its advisors built around competitive payouts, with access to unique investment products and a best-in-class compliance program.