About
Us
About
Us
Founded in 1998 by Nathan Leight and Jason Weiss, Terrapin’s network of companies focus on Asset Management and Private Equity investing. Through Terrapin Partners, LLC, Terrapin Asset Management, LLC, Terrapin Offshore Asset Management, LLC and TWF Management Company, LLC, we manage approximately $500 million of capital for institutional investors, high net worth individuals, and Terrapin’s principals.
Terrapin Asset Management, LLC, Terrapin Offshore Asset Management, LLC, and TWF Management Company, LLC are all Registered Investment Advisors.
Terrapin Asset Management, LLC’s first product is a multi-manager, multi-strategy hedge “fund of funds.”
TWF Management Company, LLC manages a fund focused exclusively on the water sector, including water utilities, water technology companies, water infrastructure companies, and companies owning water rights as a primary asset.
Terrapin Partners, LLC focuses on venture capital and private equity investing. Our philosophy is:
1. To marry new business practices and principles to traditional industries, thus creating new paradigms;
2. To anticipate change versus reacting to it, thus creating first mover advantage; and,
3. To partner with industry professionals with deep domain expertise, thus accelerating value creation.Terrapin makes two types of investments:
• In existing companies where we act in a traditional role as an outside venture capital / private equity investor; and
• In start-up companies that we co-found with seasoned management teams where we are active as high level advisors providing strategic guidance, and, if part of the business plan, temporary management.
Since 1998, Terrapin’s private equity investments have yielded returns ranking Terrapin in the top decile of performance.Terrapin Partners, LLC's principals also founded, managed and provided investment leadership for Aldabra Acquisition Corporation and Aldabra 2 Acquisition Corp.
Aldabra Acquisition Corporation was a blank check company that raised $55.2 million in its February 2005 initial public offering. In December 2006, Aldabra merged with Great Lakes Dredge and Dock Corporation (now traded on NASDAQ under the symbol GLDD) in a transaction valued at more than $400 million.
Aldabra 2 Acquisition Corp. was a blank check company that raised $414 million in its June 2007 initial public offering. In February 2008, Aldabra 2 acquired the paper and packaging assets of Boise Cascade, LLC in a transaction valued at more than $1.6 billion, changed its name to Boise Inc., and began trading on the NYSE under the symbols BZ and BZ.WS.
Our Motto: Lentus et Stabilis Lucratur
The moral of Aesop’s fable about the tortoise (a terrapin) and the hare is captured in our motto:
Slow and steady is profitable .
For more information, please contact us at 212.710.4100 or info@terrapinpartners.com
