Building
character
partnership
adaptability
service
over time.
We invest time and capital,
so great businesses can
keep going.
Our purpose is to
build value that extends beyond ourselves and our lifetimes.
We invest
enduring equity
to perpetuate
the forward motion
of a great business.
We believe in the
power of partnership—and in leadership grounded in character and service.
1. Purpose
Our purpose is to build value that extends beyond ourselves and our lifetimes.
We are a team of investors, building with shared values. We seek to create enduring value for many—not short-term gain for a few.
1. Purpose
We are a team of investors, building with shared values. We seek to create enduring value for many—not short-term gain for a few.
We're building with these values:
Partnership over time
We will be a trusted partner to great businesses. Because endurance needs relationship.
Character over time
We will bring integrity and a Midwestern work ethic to everything we do. Because endurance doesn’t take shortcuts.
Adaptability over time
We will try, test, learn, and build in pursuit of continuous improvement. Because endurance embraces new possibilities.
Service over time
We seek to honor people and their interests ahead of our own gain. Because endurance requires sacrifice.
2. Philosophy
We invest enduring equity to perpetuate the forward motion of a great business.
Enduring equity is an investment strategy that positions businesses for the great possibilities that can only be built with a long-term outlook. The businesses we invest in are meeting needs and solving problems that make lives and communities better. We ensure they can keep building without the risk of interruption, whether when a founder departs or otherwise.
2. Philosophy
Enduring equity is an investment strategy that positions businesses for the great possibilities that can only be built with a long-term outlook. The businesses we invest in are meeting needs and solving problems that make lives and communities better. We ensure they can keep building without the risk of interruption, whether when a founder departs or otherwise.
The mindset of Enduring Equity:
Holds a company indefinitely
Ensures operations and culture continue as they are
Preserves a founder’s legacy and vision
Develops existing management team
Creates long-term value for many
Negotiates without an exit in mind
3. People
We believe in the power of partnership—and in leadership grounded in character and service.
We are driven by Midwestern values, and a commitment to honesty, integrity, and transparent dealings. A mindset of collaboration is at our core; this applies to how we partner with each other and with the companies we own. With a builder’s mindset and a long-term focus, we are motivated to steward our time and capital in service of the ideas and leaders that outlast us.
3. People
We are driven by Midwestern values, and a commitment to honesty, integrity, and transparent dealings. A mindset of collaboration is at our core; this applies to how we partner with each other and with the companies we own. With a builder’s mindset and a long-term focus, we are motivated to steward our time and capital in service of the ideas and leaders that outlast us.
Our Team
Jake Hendricks
CEO & President
Jake Hendricks is the Founder, Principal, and CEO of Endurance Capital. Prior to launching Endurance Capital, Jake was a partner and member of the Board of Directors at Felhaber Larson in Minneapolis, where his legal practice focused on complex finance, real estate and business transactions. Jake also serves as President of Five Star Storage, a regional self-storage and commercial real estate company. At Five Star, Jake leads all acquisitions, debt and equity financing, asset management, and business strategy.
Jake received degrees in Business and Economics from Concordia College Moorhead and later obtained his law degree from University of St. Thomas School of Law in Minneapolis.
He currently sits on the Advisory Board of the Minnesota Self-Storage Association and was formerly on the Board of Directors of the MinnDak chapter of Certified Commercial Investment Members (CCIM®). In Jake’s free time, he enjoys coaching youth sports, watching his kids play baseball, golf, and ice hockey, spending time outdoors, and getting involved in a variety of charitable organizations.
Rick Moulton
Principal
Rick Moulton serves as a Principal of Endurance Capital. He is also a member of the management team and a lead portfolio manager at Riverbridge in Minneapolis. He has been with Riverbridge for almost all of its 30-year history and is a member of the Board of Governors.
Rick Earned Bachelor of Science in Business degree in Finance from the University of Minnesota Carlson School of Management. He is a member of CFA Institute and CFA Society of Minnesota. He also serves on the Board of the Heritage Christian Academy Foundation in Minneapolis. He enjoys spending time with his two children and cheering on his “beloved” Minnesota Vikings.
Bill Schneider
Principal
Bill Schneider serves as a Principal of Endurance Capital. Bill has held senior leadership roles in both publicly traded and privately held organizations, including serving as CEO at Knife River Corporation in Bismarck, North Dakota. Bill is also Vice President of Five Star Development, where he manages assets of the company and its affiliates, and provides strategic consulting on new acquisitions, developments, and asset management.
Bill and his wife Karen have a deep passion and partnership with Unbound, an organization that partners with families living in poverty, empowering them to fulfill their potential. Each year, Bill and Karen travel around the world with the organization.
Colin Sharp
Principal
Colin Sharp serves as a Principal of Endurance Capital. He is also on the management team at Riverbridge in Minneapolis, where he is responsible for promoting and supporting collaboration across the organization and fostering the professional development of individuals. He also serves as a member of the Riverbridge Board of Governors.
Colin’s prior experience includes serving as Chief Technology Officer at Peregrine Capital. He received his Bachelor of Business Administration degree in Management Information Systems from UW-Eau Claire, and later earned his MBA from the University of Saint Thomas.
He serves on the Board of Directors for Kaposia, an organization that offers employment services for people with disabilities. In his free time, he enjoys running, home DIY projects, and way too many interests… BBQ smoking, mountain biking, organizing, solar energy, whiskey, and cooking among others.
Mark Thompson
Principal
Mark Thompson serves as a Principal of Endurance Capital. Mark is also the co-founder of Riverbridge, an investment firm with a mindset for long-term investing. He serves as Chairman of the Riverbridge Board of Directors and Chief Investment Officer. He earned his BSB in Finance from University of Minnesota Carlson School of Management.
Mark is a member of the Board of Directors of Wiland Direct, Inc., TreeHouse, Opportunity International Nicaragua, and Pulse Outreach, as well as a Trustee of LoCorr mutual funds and the Board of Investment-Converge Retirement Fund. Mark is active in Minneapolis City of Lakes Rotary Club and his local church.
