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News

May 20, 2024

BLG Group Welcomes Gauntlet Holdings as New Fund Management Arm

Mr. Darrell. W. Rideaux joins the BLG GROUP as its Fund Manager. Darrell Rideaux is currently the Chief Executive Officer of Gauntlet Holding Family Office, a Family Office managing over $3.5 Billion Dollars of assets under management.

Gauntlet was formed as a closely held holdings company geared towards managing risk within growth opportunities to maximize the growth of the portfolio. Since its origin Mr. Rideaux's vision for Gauntlet was to grow organically and robust through core fundamentals and investing in human capital. Using bottom-up approach and towards assessing investment opportunities in domestic & emerging markets Mr. Rideaux was able to take calculated risks to leverage the grow of Gauntlet by expanding into 5 diversified companies spanning over 4 continents.

Prior to forming Gauntlet, Mr. Rideaux served as Vice President of MS Capital Advisors Private Equity Fund and overseeing a division within NMS Investment Bank. Mr. Rideaux came to NMS after transitioning from his partnership at Morgan Stanley Private Wealth Management where his team of advisors managed the risk of a Billion United States Dollars investment portfolio for fortune 500 companies, Private Wealth Family's, Entertainers, and Athletes. 

Mr. Rideaux's areas of services are concentrated in Mergers and Acquisition, Structured Finance, and Private Wealth Management. Mr. Rideaux is also spent 5 years serving Small Business Owners and High Net worth clients as a banker for Wells Fargo Bank, and spent 10 years in the Life insurance industry where he implemented a charitable planned gifting life insurance auditing program for the University of Southern California. Mr. Rideaux's production levels in the insurance business garnered Million Dollar Roundtable Recognition. Mr. Rideaux has provided broker services for John Hancock Financial Services, the Guardian Life Insurance, and Pacific Life Insurance. Prior to his role at Gauntlet, Mr. Rideaux held significant positions at NMS Capital Advisors and Morgan Stanley Private Wealth Management, among others, where he managed multi-billion dollar portfolios and specialized in services ranging from Mergers and Acquisitions to Structured Finance.

BLG Group is confident that the integration of Gauntlet Holdings will significantly enhance its capabilities to manage and grow its financial assets across global markets, leveraging Mr. Rideaux's expertise and Gauntlet's innovative investment strategies. This partnership marks a vital step in BLG's ongoing strategy to enhance its position in the financial services sector and expand its reach across international markets.