Firm at a glance
Saluda Grade is a platform private equity firm founded in 2019 and headquartered in New York, NY, per its own website [S1]. The firm reported approximately $4.4 billion in assets under management as of January 1, 2026, a figure that includes total assets of actively managed securitization vehicles [S1].
What they buy
Based on publicly disclosed transactions, Saluda Grade appears to focus on acquiring businesses in residential real estate and asset-based credit sectors [S2]. The firm’s recent acquisition activity includes companies operating in mortgage origination and real estate finance. This pattern suggests an investment thesis centered on specialty finance platforms serving the residential property market.
Portfolio
Public sources identify the following acquisitions by Saluda Grade:
**Residential Real Estate & Asset-Based Credit**
* Hillcrest Finance (acquired June 2025) [S2]
* Wrightwell, formerly Vantage (acquired December 2024) [S2]
Additional portfolio companies may exist but were not surfaced in publicly available materials as of the dates cited.
Recent activity (last 24 months)
* **June 3, 2025**: Acquired Hillcrest Finance [S2]
* **December 2, 2024**: Acquired Wrightwell (formerly Vantage) [S2]
How this firm fits a seller
Saluda Grade appears positioned for owner-operators in the residential real estate finance and specialty lending sectors, based on its observed acquisition pattern. The firm’s focus on asset-based credit platforms suggests potential fit for businesses with recurring origination activity and loan portfolios suitable for securitization structures. Sellers in mortgage origination, residential bridge lending, or related real estate finance verticals may find sector alignment with this buyer. The firm’s reported assets under management include securitization vehicles, indicating operational capabilities in structured finance that may benefit portfolio companies post-acquisition [S1].
Sources
[S1] https://saludagrade.com/about-us (as of 2026-01-01)
[S2] https://saludagrade.com/insights (as of 2025-06-03)
Frequently asked questions
Does Saluda Grade buy residential real estate businesses?
Yes, per publicly available transaction records. Saluda Grade has acquired at least two companies operating in residential real estate and asset-based credit sectors, including Hillcrest Finance in June 2025 and Wrightwell in December 2024 [S2]. These transactions suggest active interest in residential property finance platforms.
What companies has Saluda Grade acquired recently?
Saluda Grade’s most recent publicly disclosed acquisitions include Hillcrest Finance, completed in June 2025, and Wrightwell (formerly Vantage), completed in December 2024 [S2]. Both transactions occurred within the residential real estate and specialty finance sectors.
Where is Saluda Grade based and how big is the firm?
Saluda Grade is headquartered in New York, NY [S1]. The firm reported approximately $4.4 billion in assets under management as of January 1, 2026, a figure that includes total assets of actively managed securitization vehicles [S1]. The firm was founded in 2019 [S1].
Is Saluda Grade still actively acquiring?
Yes, based on recent transaction history. Saluda Grade completed its most recent publicly disclosed acquisition in June 2025 with the purchase of Hillcrest Finance [S2]. This activity within the last 12 months suggests ongoing acquisition efforts in the residential real estate finance sector.
This profile is maintained by CT Acquisitions as an independent third-party reference. CT Acquisitions is not affiliated with, endorsed by, or a representative of the firm profiled. All facts sourced from publicly available materials as of the dates cited.