NRDC Equity Partners

NRDC Equity Partners is a private equity firm specializing in real estate, retail, and consumer branded businesses. Founded in 2005 by Robert C. Baker, William L. Mack, and Lee S. Neibart, the firm has completed transactions totaling nearly $5 billion in enterprise value, investing approximately $1.5 billion in equity. Their investment focus includes buyouts, growth investments, and turnarounds, with transaction sizes ranging from $250 million to $5 billion in enterprise value and equity investments between $50 million and $1.5 billion. The firm's portfolio includes Hudson's Bay Company, a Canadian retail company operating over 80 department stores across Canada, and Retail Opportunity Investments Corporation, a real estate investment trust focusing on high-quality shopping centers. NRDC has also been involved in the acquisition of Galeria Karstadt Kaufhof, Germany's largest department store chain, in 2015 and again in 2024. The firm's investment strategy emphasizes active management and operational improvements to enhance the value of its portfolio companies. NRDC's approach combines deep industry expertise with a hands-on management style to drive growth and profitability in its investments. Their track record includes successful turnarounds and value creation in the retail and real estate sectors, demonstrating a commitment to long-term value creation for stakeholders.