Southridge Capital LLC is a company led by Steven Hicks. It was founded in 1996 and is a hedge fund management firm that also offers investment banking services as well as a securities brokerage. Its office is located in Ridgefield, Connecticut and they offer their financial services to mid-sized firms across America.
Like many financial companies, the team at Southridge Capital is closely following the cryptocurrency industry. This industry is now a decade old but most people still don’t really understand what it is about. Many governmental bodies, banks, and financial institutions, though, are aware of this industries growing importance. Talking about digital currencies, U.S. Senator Thomas Carper made a statement that Bitcoin and other cryptocurrencies have captured the interest of a number of tech-savvy individuals but the industry is pretty confusing to everyone else.
Southridge says that cryptocurrency is beginning to appear in a number of industries such as real estate and hospitality. Rick Hilton, of Hilton Hotels fame, even sold his $38 million mansion through a digital currency auction he held in June 2018. Another home was sold in Florida for $6 million earlier in 2018.
Steven Hicks says that he actively follows cryptocurrency and is interested in where the industry is headed. He feels that it is now a permanent fixture of the global economy and has a lot of room to develop. He has three decades of experience in the financial industry including investing, derivatives, financial structuring, and risk arbitrage. He earned a business administration degree at New York’s King’s College and has an MBA acquired at Fordham University.
He says that he came up with the idea of operating his own hedge fund company early on in his career. He was working on Wall Street at a small hedge fund management company that was owned and operated by a man from Australia. When the owner decided to return home he set a timetable of one year to sell off his company’ investments. Steven Hicks asked him if he wouldn’t mind if he started up his own company while continuing to work for this company and the owner gave him permission to do so. You can visit their Facebook and Twitter page.
Click here: https://www.facebook.com/southridgellc