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Principal Investing • Board Leadership

Peregrine

A single-family office built around board-level positions in healthcare and financial services.

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About

A Single-Family Office, Built Around the Board

Peregrine founds businesses, buys businesses, backs them as a minority partner, and serves on boards and investment committees. Capital usually accompanies the seat. Sometimes the seat is the position itself. Either way, Peregrine leads from the board.

It works with founders and owners at a transition, management teams at an inflection, and institutional partners and boards building or governing platforms.

Concentrated

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

Principal

Proprietary capital at risk, with returns earned through ownership and outcomes.

Board-Level

Fiduciary board and investment committee positions with aligned economics. Seats held, not hours billed.

How Peregrine Engages

Three Ways In, One Position

Every engagement resolves to the same place: a board-level seat with aligned economics, whether that alignment takes the form of invested capital, equity, or board compensation. What differs is the entry point. Peregrine concentrates in healthcare and healthcare services, with selective positions in specialty finance and asset management.

Formation

Founds

Building a company from the ground up, as founder and principal investor. Peregrine takes the earliest risk and the first seat, then stays on the board as the business is built.

Proof
  • NanoKar Therapeutics. Founded and built a next-generation CAR-T biotechnology company.
Acquisition and Structured Capital

Acquires and Backs

Control buyouts, structured equity, and minority positions in profitable lower-middle-market companies. This is the active acquisition mandate: proprietary capital, a long-term ownership orientation, and a board seat alongside management.

Capital
  • Proprietary family office capital.
  • No fund to raise, no investment period, no fund dynamics.
Governance

Serves

Independent director and investment committee seats where governance itself is the engagement.

Proof
  • LifeCare Home Health. Board through turnaround and sale.
  • General Intelligence Holdings. Investment committee.
Experience

Selected Board Experience

NanoKar Therapeutics

Biotech Platform Build • Founder, Board, Principal Investor

Founded and built a next-generation CAR-T biotechnology company.

Key Contributions
  • Exclusive university license, negotiated and secured
  • Capitalization and financing plan
  • Management team and board build

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 Partner
Ross Eldridge

Ross Eldridge is the Managing Partner of Peregrine, a single-family office through which he acquires companies, invests principal capital, 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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falcon@peregrineprincipal.com

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