Fundraising FoxNew York
Find your way into Banner Ridge Partners
Sign up to see every warm intro you have to Banner Ridge Partners
- Paths you didn't know you had: your email and LinkedIn already hold routes to the Banner Ridge Partners team. We find them
- 2nd- and 3rd-degree connections: the friend-of-a-friend routes you can't see from your own inbox or LinkedIn
- Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone
Days of research, done the moment you sign in, with every route ranked by how warm it is.
Investment thesis
Banner Ridge Partners specializes in private equity secondaries, targeting deep-value opportunities in fragmented and niche markets, particularly distressed, special situations and credit. The firm sources investments through relationships with limited partners, fund managers and intermediaries, seeking situations where it holds an information advantage and can exploit market inefficiency. Its sub-strategies span distressed trading, distressed-for-control, turnaround private equity and structured credit, alongside a primary investment program and co-investments made alongside partner managers. Banner Ridge aims to build high-conviction, diversified portfolios that balance risk mitigation with enough concentration to generate outsized returns, emphasizing price discipline over investment volume and leveraging expertise in complex transaction structures.
Source: firm website, verified Sep 29, 2026.
Fund performance · per public LP disclosures · 7
as of Jun 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Banner Ridge Secondary Fund VLPs: South Carolina Retirement System Investment Commission | 2023 | — | 74.4% | — | — |
| Banner Ridge Secondary Fund V (TE), L.P.LPs: New Mexico Educational Retirement Board | 2023 | — | 84.4% | 1.75x | 0.02x |
| Banner Ridge Secondary Fund V CoLPs: South Carolina Retirement System Investment Commission | 2023 | — | 22.9% | — | — |
| Banner Ridge DSCO Fund II, L.P.LPs: New Mexico Educational Retirement Board | 2022 | — | 67.4% | 1.81x | 0.00x |
| Banner Ridge Secondary Fund IV (T), L.P.LPs: New Mexico Educational Retirement Board | 2021 | — | 27.7% | 1.74x | 0.75x |
| Banner Ridge DSCO Fund I, L.P.LPs: New Mexico Educational Retirement Board | 2020 | — | 27.2% | 1.61x | 0.48x |
| Banner Ridge Secondary Fund III (TE), L.P.LPs: New Mexico Educational Retirement Board | 2019 | — | 27.0% | 1.73x | 1.17x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- What sectors does Banner Ridge Partners focus on?
- Banner Ridge Partners focuses on Sector Agnostic.
- Where is Banner Ridge Partners located?
- Banner Ridge Partners is headquartered in New York, US.
Similar investors
3TS Capital Partners is a European technology-focused growth investment adviser whose advised funds provide growth capital, typically leading or co-leading substantial funding rounds for innovative tech companies primarily in the DACH, CEE and Nordic regions.
4DI Ventures was co-founded by repeat tech operator and ESET Southern Africa founder Justin Stanford, giving it unusually deep cybersecurity and software operating experience rather than a purely financial background, and originated from Stanford's own angel-investing experiments that directly led to both the firm's creation and the launch of the Silicon Cape Initiative. The firm explicitly describes its style as "nurture capital" with intensive, hands-on engagement, and Stanford is vocal about avoiding the "unicorn at all costs" mentality in African tech, instead emphasizing sustainable market readiness and fundamentals in a more conservative, durability-focused investment approach.
83North is a global venture capital firm that invests in and helps entrepreneurs build large, category-defining companies, backing startups across multiple stages and sectors.
8VC is a venture capital firm investing across logistics, life sciences, healthcare, IT infrastructure, and government/defense, guided by its Smart Enterprise thesis focused on data integration and platform network effects.
Accel is a venture capital firm that partners with exceptional teams, positioning itself as a first partner to founders globally.