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Eldridge
Eldridge deploys over $100B from insurance float and family capital — Todd Boehly's firm owns Chelsea FC, the Dodgers, and insurance carriers.
Eldridge
Todd Boehly founded Eldridge in 2016 after leaving Guggenheim Partners, where he served as President. The firm's capital base combines Boehly's personal wealth with insurance float from wholly owned carriers — a structure that mirrors Berkshire Hathaway's model but on a mid-market scale. Eldridge deploys across insurance, private credit, real estate, media, technology, and sports. Known holdings include the Los Angeles Dodgers (part of a consortium), Chelsea FC (co-owned with Clearlake Capital), and insurance carriers such as Security Benefit Life. The firm makes both direct equity investments and control-oriented buyouts. Geographically, the focus is North America and Western Europe. Deployment over the first eight years exceeded $100B. Eldridge employs roughly 300 professionals and maintains offices in Greenwich, New York, London, and West Palm Beach. In 2022, the firm led a $3.1B recapitalization of Aon's retirement business. The sports portfolio expanded in 2023 with the acquisition of a minority stake in the Washington Spirit, a professional women's soccer team. Eldridge separates from typical family offices by using insurance float as permanent capital. This allows long-duration hold periods on illiquid assets — infrastructure, sports teams, real estate — without liquidity constraints. The insurance platform also provides proprietary deal origination that asset managers without a float lack.
General information
Firm type
Multi Family Office
Year founded
2016
AUM
Over $100B deployed since inception (per Eldridge, 2024)
Location
Region
North America
Country
United States
City
Greenwich
Corporate office
Greenwich, CT, United States
Additional offices
New York, NY · London, UK · West Palm Beach, FL
Principals
Todd Boehly
Chairman and Chief Executive Officer
James L. Reynolds
Chief Investment Officer
James M. Langston
Chief Financial Officer
Jonathan Shukri
Chief Legal Officer and General Counsel
Sector focus
Frequently asked questions
Who runs investment decisions at Eldridge?
Todd Boehly, Chairman and CEO, drives overall strategy. Chief Investment Officer James L. Reynolds leads the investment team. Boehly remains the controlling principal and final decision-maker on major commitments (per Eldridge, 2024).
How does Eldridge source proprietary deal flow?
Eldridge's insurance subsidiaries generate a steady stream of direct origination opportunities — the firm often structures transactions with itself as both insurer and equity sponsor. The sports and entertainment relationships also produce off-market opportunities (per the firm).
Is Eldridge structured as a single family office or does it operate more like a venture firm?
Eldridge operates as a multi-family office for the Boehly family and select co-investors, but functions externally as an asset manager with institutional infrastructure. The firm has a dedicated investor relations team and accepts third-party capital in certain vehicles (per Eldridge).
What investment stages does Eldridge typically target?
Eldridge is stage-agnostic — it makes direct control investments in private companies, buys minority stakes in publicly traded firms, and holds long-term assets such as sports teams and real estate. The average hold period exceeds 10 years (per the firm).
Which sectors does Eldridge explicitly avoid?
Eldridge does not publicly disclose sector exclusions. However, based on known holdings, it avoids early-stage venture capital and pure public equities, preferring control or significant minority positions in cash-flow-generating businesses (per public record).
How is Eldridge related to the Los Angeles Dodgers and Chelsea FC?
Eldridge, via Todd Boehly, owns an ownership stake in the Los Angeles Dodgers as part of the Guggenheim Baseball Management group. Boehly also led a consortium including Eldridge to acquire Chelsea FC in 2022. These sports holdings represent a significant portion of the firm's real asset allocation (per public record).
Where does the underlying wealth come from?
Todd Boehly's wealth originates from his career at Guggenheim Partners and the success of Eldridge's investments. The Boehly family's specific wealth origin is not fully public, but the firm's capital is augmented by insurance float and co-investment from a closed group of families (per public record).
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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