Terrapin Partners is a boutique investment firm founded in 1998. We have a history of venture and private equity investing, direct lending, and completing multiple special purpose acquisition company (SPAC) transactions.
We commit capital to a variety of sectors, industries, and markets, at every stage of corporate development and in both equity and debt.
We are opportunistic, agile, and experienced investors. We generally seek high-growth, emerging businesses that are applying new technologies or business models to traditional industries. We also seek stable and profitable businesses and assets that can benefit from our capital, experience, and relationships. (see Private Equity).
Special purpose acquisition companies, or SPACs, are publicly-traded blank check companies. After raising a meaningful amount of cash in an initial public offering, a SPAC seeks to find and combine with a business that values the SPAC’s public listing, its capital, and the experience and support of the SPAC’s management team. A SPAC business combination can be an alternative to the traditional IPO process for the right private company. SPACs can also serve as recapitalization vehicles for public companies or their divisions in certain circumstances.
We are one of the few teams to have sponsored three SPACs that have successfully completed three business combinations. In aggregate, we have raised more than $700 million in IPO equity and committed capital (Forward Purchase Agreements), and more than $1.5 billion in debt. (see SPAC).
Terrapin Partners is under common ownership with Terrapin Asset Management, LLC, an investment advisor registered with the U.S. Securities and Exchange Commission. Terrapin Asset Management manages a multi-manager, multi-strategy fund of hedge funds as well as certain other private investment funds for its principals and outside investors. The business activities of Terrapin Partners are separate and distinct from those of Terrapin Asset Management. Terrapin Partners is not an investment adviser and does not provide investment advisory or management services for a fee. No investments, investment activities, or performance information of Terrapin Partners, including any listed on this website, are attributable to Terrapin Asset Management. Please see our Disclaimer for additional information.
Terrapin Asset Management maintains a proprietary trading desk that exclusively manages principal capital.
Lentus et Stabilis Lucratur
The moral of Aesop’s fable about the tortoise and the hare is captured in our motto:
Slow and steady is profitable
For more information, please contact us at 212.710.4100 or email@example.com