777 Partners, a private investment firm across insurance, consumer and commercial finance, litigation finance, aviation, as well as media and entertainment vertical, has hired financial and technology industry executive Prasad Hedge to the firm as chief operating pfficer.
Hedge spent ten years at Bridgewater Associates, as chief transformation officer where he oversaw a broad portfolio of operational and growth-focused responsibilities.
“Prasad’s vast expertise across today’s investment and technology landscape is second to none,” Josh Wander, co-founder and managing partner at 777 Partners, said. “With a rare combination of vision and operational leadership, Prasad will help to further accelerate our ambitious strategy of facilitating growth and profitability through shared services and operational excellence.”
Most recently, 777 acquired digital insurance agency Ensurem in the early spring and launched its startup aircraft leasing business with a commitment to acquire 24 Boeing 737 Max airplanes.
“I was attracted to 777 Partners because of their focus on long-term value creation. I look forward to playing a significant operating role in implementing our founders’ platform-wide vision for growth and market impact,” Hedge said. “The 777 Partners team is highly nimble and experienced – precisely the skills that are needed to thrive in the marketplace today.”