Palisades Growth Capital

Anders Richardson, Partner and Co-Founder, is primarily responsible for deal sourcing, due diligence, execution, and portfolio company oversight. He previously held roles in the investment banking division at DLJ and the merchant banking group at Brown Brothers Harriman, and holds a BA from Harvard College and an MBA from Harvard Business School.

The firm typically deploys between $5 million and $25 million in equity per investment. It acquires both majority and minority stakes, and its minority positions can include a secondary purchase from existing shareholders alongside a capital increase into the company.

Palisades focuses on direct growth-equity investments in enterprise software companies. There is no public indication that it participates in fund-of-fund commitments or third-party LP positions; it operates as a direct investor.

The firm lists more than a dozen software sub-sectors on its website, including digital health, enterprise fintech, supply chain, next-gen security, prop-tech, e-commerce services, infrastructure software, payments, sales technology, marketing technology, hospitality technology, human capital management, and education technology.

The firm maintains an operating team and a partner network that works alongside portfolio company executives. Focus areas include scaling sales organizations, strengthening leadership, investing in R&D process, and pursuing add-on acquisitions.

Since 2015, Palisades has outsourced finance, bookkeeping, compliance, and IT administration to Centre Partners Management through a Fund Administration Services Agreement. This arrangement separates core investment decision-making from administrative infrastructure.

The firm targets companies headquartered in the United States. It states that it also supports existing portfolio companies in global expansion efforts, though it does not publicly list international offices.