NRDC Equity Partners (NRDC) is an American private investment firm focused on retail, real estate, and consumer branded businesses.
History
NRDC was founded in 2005 by Robert C. Baker, owner of National Realty & Development Corp; and William L. Mack and Lee S. Neibart, partners of AREA Property Partners.
NRDC has completed five transactions since 2005, totaling almost $5 billion in enterprise values and has invested approximately $1.5 billion of equity for its transactions. NRDC targets transactions ranging from $250 million to $5 billion of enterprise value, requiring total equity investments of $50 million to $1.5 billion.[1]
Portfolio
Current
NRDC's current portfolio includes Retail Opportunity Investments Corporation (ROIC). NRDC formed its real estate investment trust portfolio company, ROIC, through a public equity raise of $414 million completed in October 2009.