Seward & Kissel represented Cedar Ridge Partners, LLC in connection with the sale of its investment advisory business to Shelton Capital Management. Cedar Ridge, founded in 2004, is a private SEC registered investment advisor that manages unique alternative investment products focused on the US credit markets. Its products include a variety of credit focused, long/short and long-only portfolios, including private funds and separate accounts, and it is the advisor of the Cedar Ridge Unconstrained Credit Fund (CRUMX/CRUPX), a registered publicly traded mutual fund. Shelton Capital Management is a multi-strategy asset manager, founded in 1985, with offices in San Francisco, Denver and Greenwich, CT, and assets under management of over $1.85 billion as of December 31, 2018.