Question

Write 350 words analysis about Blaine Crissman owner of the South Dakota Equity Partner.

Answer 1

The South Dakota Equity partners is a private equity firm that was founded in 2017. The idea of the company began in 2015 and got its 1st close in 2018. The company is based in Sioux Falls, South Dakota. The company’s major investments are in growth equity of companies in Dakota.

Blaine Crissman is currently the president of the South Dakota Equity LLC. He is one of the 3 partners of the firm. The company belongs to the Asset Management industry. Blaine received his education from 2 institutions. He completed his MBA from Duke university and a Bachelor’s Degree from Augustana College.

The South Dakota Equity Partners (SDEP) focuses on state specific funds and in line with this majorly invests in the equity of the firms in Dakota. These companies are the one’s that will grow and develop with the state. Blaine believes that though a state-specific fund, SDEP will be able to solely source the resources of south Dakota and use the understanding of the local infrastructure and network. Since the company’s location is pretty narrow, Blaine believes the company will be open to investing in a certain company type since this approach will increase the market of SDEP. His aim through the company is to invest in companies in the middle market who are established but in their early stages. Along with financial investment, the company will also provide strategic advice to the to the companies they invest in.

Along with South Dakota Equity Partners, Blaine is also a member at another company known as the private Equity Advisory Board. Along with these companies, Blaine in his career has been associated with other organizations, He is the founder/partner at Prism Capital Corp which he stated in the year 2002 and is still associated with them. He was also associated with Banc of America Securities LLC. He has been associated with the Bank of America as a principal and held the position of the Vice-President at the First Bank System.