Jasper Ridge Partners
2885 Sand Hill Road, Suite 100, Menlo Park, CA, 94025, United States
Overview
Jasper Ridge Partners employs a highly innovative approach to portfolio construction and risk management, expanding upon the latest academic research and incorporating both qualitative and quantitative elements. They take a fundamental valuation approach to source and evaluate investments and investment managers. their significant principal experience leads to first-hand understanding of industry best practices in due diligence, underwriting, manager selection and investment strategy. The firm’s investment activities are supported by a dedicated in-house operations team with world-class experience in handling the accounting, taxation and legal complexities of sophisticated clients.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Management Information Systems
Investment portfolio
- LifeStorage
Participated · Equity · Oct 2014
LifeStorage is an owner, acquirer and operator of premier self-storage facilities focused on creating easy and friendly customer experiences. It offers climate-controlled units, drive-in access, and value-added services such as fully furnished office spaces and meeting rooms, and emphasizes high security, cleanliness and a retail-like environment. The company clusters facilities in strategic locations and applies rigorous selection criteria when acquiring properties. Founded in 2011 and headquartered in Roseville, CA, LifeStorage owned, had under purchase agreement and operated 78 properties in 9 states as of September 30, 2014. LifeStorage will use a $120M investment from TPG Real Estate to support its acquisition strategy in the top 50 U.S. markets and accelerate growth. The company also announced a follow-on investment from Jasper Ridge Partners and recently secured a $100M revolving line of credit from Citigroup Global Markets.
- Solexel
Participated · Equity · Jul 2014
Solexel produces high-performance, lightweight solar PV panels designed to deliver low-cost energy. The company is led by President & Chief Executive Officer Michael Wingert. It raised an equity investment from Riyadh Valley Company, the venture capital arm of King Saud University of Saudi Arabia, which will be used to help transition the company into revenue. The amount of the investment was not disclosed. Solexel is backed by venture investors including Kleiner Perkins Caufield & Byers, DAG Ventures, Technology Partners, Northgate Capital and GSV Capital Corp., and by GAF, the largest roofing materials manufacturer in North America. The company is based in Milpitas, California. Solexel manufactures high-performance, low-cost, lightweight thin-crystalline-silicon solar modules optimized for photovoltaic electricity generation. Its production-format thin-crystalline-silicon cell holds a world-record for efficiency. Solexel’s modules include integrated smart electronics that mitigate the effects of shading, soiling, and snow to enhance real-world performance. The modules’ low material usage and light weight reduce balance-of-system costs and enable installation on weight-constrained residential and commercial rooftops. The company is venture-backed and operates a production facility in Milpitas, California, which it planned to complete using recent financing. Solexel’s products are positioned to make solar-generated electricity more cost-competitive with conventional fossil-fuel electricity sources. Solexel is a Milpitas, Calif.-based manufacturer of lightweight, thin-crystalline-silicon solar modules. Its modules include integrated smart electronics designed to enhance performance by reducing the negative impact of shading, soiling and snow cover. The company is certified by the National Renewable Energy Laboratory (NREL). Solexel recently closed a $31M financing. The company intends to use the funds to begin commercial production of its solar modules. Backers in the financing included a mix of venture and strategic investors.
Team
No current team members are available.