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Founded by Rich Bendis

money tree

This week’s Charlotte Business Journal lists N.C.’s largest venture capital and private equity firms, ranked by funds under management. Charlotte’s Ridgemont Equity Partners tops The List with $2.5 billion of capital under management.

In late 2015, Ridgemont closed its second round of fundraising, raising $995 million. The firm says the investment strategies for the new fund will be similar to the first one — a focus on investments of $25 million to $75 million in basic industries and services, energy, health care and telecommunications/media/technology.