Creative Capital Solutions in Complex Markets

Driven by creativity, diversity, and unparalleled expertise

About Us

Turning Rock seeks to make long-term investments in debt and equity securities of North American small and mid-capitalization businesses. The Firm believes there is a growing supply of illiquid assets for sale in the market driven by a challenging macroeconomic environment, ongoing volatility, global bank deleveraging and increased complexity. The investment strategy seeks to fill the void that has been created by the current regulatory environment as banks have stepped away from acquiring and lending against more illiquid types of assets.

Value-Orientation

Differentiated Sourcing

Bespoke Capital Solutions

Creative Structuring

Flexible Mandate

Path to Liquidity

The Turning Rock Principles

Turning Rock adopts the following principles and objectives to guide its investment strategy:

Diversity, Preservation, & Maximized Returns

Our approach is informed by a combination of top-down capital markets knowledge, paired with fundamental equity and credit analysis. Integral in this process is the constant intellectual challenge and review of current markets. Turning Rock constructs its portfolio to offer equity-style returns with downside protection over multiple market cycles. We emphasize return of principal and inherent cash flow throughout portfolio construction and employ time-tested credit and equity research, while performing deep dive analytics on each potential investment through a combination of financial, operational, and qualitative analysis.

Our Team

Diverse investment solutions from a diverse team of experts

Turning Rock’s team is composed of highly-skilled investment, operational, and administrative professionals from a wide range of backgrounds. We are proud of our team’s heritage and combined skill sets.

Maggie Arvedlund

Managing Partner

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David Markus, CFA

Partner

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Saba Ahmad

COO / CFO / Partner

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Louis Mayer

Vice President

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John Hamilton

Asset Manager

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Stephen Spataro, CPA

Controller

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Tod Holberton

Senior Associate

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Max Yergan

Associate

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William Kreitler

Analytics Associate

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Rima Roy

Administration / Client Service

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Our Impact Objective

Donation of percentage of firm profits to mission-driven organizations which promote diversity

Participation in programs which are government sponsored for women or minority owned participants

Productive & socially minded workforce

Social Responsibility

Maintain guidelines for our own internal framework include elements of social responsibility

Pledge to consider environmental, public health, safety, and social issues with potential investments

Evaluate level of transparency across its portfolio and reviews underlying ESG policies in place at its underlying investments

Diversity, Equity & Inclusion

Commitment to diversity within Senior Executive/Management level as well as full staff

General partnership structure reflect this culture of competitive wages & benefits to all employees

Diversity of thought welcomed & fostering of a unique skill set across the organization

Firm culture built on collaboration, integrity & creativity

We’re a minority and women-owned business enterprise based in New York

Social Impact

Turning Rock contributes a portion of its profits each year to a wide variety of philanthropies as it believes firmly that giving back is part of our role in society. As part of its initiative to contribute a portion of its firm profits to causes which promote positive impact-driven missions, Turning Rock has participated in several terrific initiatives and also volunteers on a frequent basis.

Where to Find Us

Turning Rock is a Founding Signatory for ILPA’s Diversity in Action Initiative.

The Institutional Limited Partners Association (ILPA) today announced the founding signatories of its newly launched Diversity in Action Initiative.

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Turning Rock participates in NBIC Unity week

Uniting the nation’s leading business diversity organizations, the 2020 NBIC Unity Week is a celebration of diversity, opportunity, equity, and collaboration among the leading business organizations that constitute the National Business Inclusion Consortium (NBIC).

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Turning Rock’s Rima Roy featured on the UMA Show where she discussed her career transition

Rima Roy featured on the UMA Show to discuss her career transition with Rita Kakati Shah, CEO of UMA Global and a Senior Advisor for Turning Rock Partners

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Turning Rock Partner David Markus shared views at the ReedSmith Webinar on Structured Equity: Opportunities through flexible financing

The interactive discussion centered on structured capital solutions and opportunities in the private and public markets.

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Turning Rock Partner Saba Ahmad shares insights at the PEWlive North America COO/CFO Summit

Private Equity Wire’s PEWlive North America COO/CFO Summit 2020 moved online over three days during which leading practitioners debated a range of operational issues facing GPs in an increasingly competitive marketplace.

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