About Acquisitions Network Experience Leadership Contact
Principal Investing • Board Leadership

Peregrine

A single-family office that acquires, builds, and invests in companies, with deep healthcare specialization.

$35B+
Closed Transactions
$3.5B+
AUM Built
20+
Years Investing
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About

An Operator-Principal Platform

Peregrine is a single-family office and operator-principal platform. It founds businesses, buys businesses, and backs them as a minority partner across healthcare and financial services, always with its own capital at risk. In each, it leads from the board.

Peregrine works with founders and owners considering a sale, management teams at a strategic inflection, and institutional partners building new platforms.

Concentrated

Selective by design. A small number of positions, each with real attention.

Principal

Proprietary capital at risk in every deal, with upside earned through ownership and outcomes.

Board-Level

Seats held, not hours billed.

Acquisitions

A Funded Acquirer

Peregrine acquires and invests directly in profitable companies, with a focus on healthcare and healthcare services. Targets are established U.S. businesses with durable cash flow, recurring revenue, and clear continuity of operations. Capital is committed and principal, so Peregrine moves quickly and closes with certainty. It pursues control buyouts, and structured or minority positions where the right operating partner is already in place, with an orientation toward long-term ownership.

Sectors

Healthcare and healthcare services, plus financial services and specialty finance. Founder- and family-owned businesses at the point of transition, with select opportunities in other sectors.

Investment Size

Lower-middle-market companies. Equity sized to the opportunity, single business or platform.

Structures

Control buyouts, recapitalizations, structured equity, and selective co-investment.

Capital

Single-family office capital. Committed and principal, with no fund to raise, no investment period, and no financing contingency.

Network

The Network

Relationships across institutional capital, operating companies, and the specialist talent that closes deals and scales platforms, built one transaction at a time.

Capital

Private equity sponsors, venture capital funds, family offices, and institutional LPs. Relationships at the MD and principal level.

Operators

C-suite executives and directors across healthcare and adjacent sectors. The talent Peregrine recruits into portfolio companies and the boards it builds alongside them.

Advisors

Investment bankers, specialized counsel, and execution partners, pre-vetted and deployable per mandate. The bench that runs processes, structures transactions, and closes.

Coverage & Engagements

Where the Firm Operates

Healthcare Coverage
Biotech & Therapeutics Cell & Gene Therapy Pharma Services Medical Devices Diagnostics Digital Health Hospitals Skilled Nursing Home Health & Hospice Behavioral Health Physician Practices Healthcare Real Estate Specialty Pharmacy
Investment Platforms & Financial Services
Private Credit Specialty Finance Direct Lending BDCs Leveraged Finance Asset Management Insurance-Affiliated Credit Private Equity Venture Capital
Selected Board Experience

NanoKar Therapeutics

Biotech Platform Build • Founder, Board, Principal Investor

Founded a next-generation CAR-T biotechnology company and led it from formation to institutional readiness.

Key Contributions
  • Exclusive university license, negotiated and secured
  • Capitalization and growth financing plan
  • Management team and board build
  • Strategic partnership positioning
  • Readiness for first institutional round

General Intelligence Holdings

AI-Native Holding Company • Essential Service Sectors • Investment Committee Member

Acquires and operates established businesses, growing them through technology, capital, and operational support.

Key Contributions
  • Investment committee oversight and governance
  • Hands-on acquisition evaluation and underwriting
  • Shaping the risk framework and capital allocation
  • Advising on sector and platform strategy

LifeCare Home Health Family

Multi-State Home Health and Hospice Platform • Board Role (Prior to Peregrine)

Served on the board through operational turnaround and a successful sale.

Key Contributions
  • Management team recruitment and installation
  • Operational turnaround leadership
  • Strategic repositioning and growth plan
  • Sale process oversight and banker selection
  • Board governance through liquidity event
Leadership

Background & Credentials

Ross Eldridge
Managing Principal
Ross Eldridge

Ross Eldridge is the Managing Principal of Peregrine, a single-family office through which he acquires companies and holds board and investment committee seats. He brings 20+ years across private credit and PE, with deep healthcare specialization. He has led more than $35 billion of transactions across private credit, leveraged finance, and principal investing.

Prior to Peregrine, Mr. Eldridge was a Partner and Chief Originations Officer at White Oak Healthcare Finance. The platform scaled from inception to more than $3.5 billion in assets under management. He served as a voting member of the Investment Committee and originated, structured, or executed the platform's full book.

Other Relevant Experience
  • GE Capital, Healthcare Financial Services
  • American Capital
  • Banc of America Securities
Education
  • The Wharton School of the University of Pennsylvania
  • University of Georgia
  • Furman University
Contact

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