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Private Equity Firm Long Ridge Announces Three Promotions

Private Equity Firm Long Ridge Announces Three Promotions

Finance and business technology-focused private equity firm Long Ridge Equity Partners has promoted Andrew Cedar and Jason Melton to partner and Doug Nelson to principal.

Cedar joined the NY-based firm with more than $1bn in assets in 2016 and works closely with portfolio companies Acqueon, Ametros, National Credit Care, Oritain, and their executive teams. Cedar serves on the boards of Acqueon and Ametros, is a board observer for Oritain and serves on the firm’s ESG committee.

Prior to Long Ridge, Cedar was at McKinsey & Co., where he reported directly to the global managing partner.

Melton joined Long Ridge in 2014 and serves on the board of portfolio companies AuthenticID, NinjaTrader, ProcessUnity and Ripjar. Before Long Ridge, he worked at Barclays in the financial institutions group, advising financial technology and services companies on M&A and capital markets transactions.

Nelson joined the firm in 2018 and is an advisory board member for the FinTech Sandbox. Prior to joining Long Ridge, he was with F-Prime Capital, a global venture capital firm affiliated with Fidelity Investments. Nelson also previously worked in strategy for Fidelity, product management for Amazon and finance for Flywire.

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Long Ridge Equity Partners

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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