Richard Patton
CEO and Chief Investment Officer at Courage Capital Management LLC
About
Richard Patton is the Founder, CEO, and Chief Investment Officer of Courage Capital Management, LLC, based in Nashville, Tennessee, a position he has held since co-founding the firm in 1998. He leads the firm's investment strategy and oversees its specialized focus on private debt strategies, particularly in music royalties and healthcare lending, catering to institutional clients and family offices.
His career spans over three decades in investment management, including roles as Portfolio Manager and Analyst at Fidelity Investments, and co-founding Woodmont Capital, LLC, which concentrated on special situations in both public and private markets. Patton has also held board seats at notable companies such as Williamson-Dickie Manufacturing, Krystal Restaurant Group, Ingram Barge Company, and several others, reflecting broad experience across consumer, manufacturing, insurance, and logistics sectors.
Patton holds an MBA in Finance from Harvard Business School and a BS in Economics from Vanderbilt University. Beyond his business leadership, he has contributed to nonprofit organizations, serving on the boards of the American Red Cross and other charitable groups, and has a recognized track record in alternative asset management and special situations investing.
Career History
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Courage Capital Management, LLC | CEO and Chief Investment Officer | Jan 1998 to Present | Courage Capital Management, LLC is a leading alternative asset management firm established in 1998 to manage private funds on behalf of pensions, endowments, foundations, fund of funds, family offices... |
| YouScience, LLC | Chairman | Jan 2010 to Jan 2012 | YouScience® is a provider of online career guidance and workforce development solutions for consumers and industry. YouScience has developed proprietary techniques for career and educational decision... |
| American Red Cross | Board of Governors | Jan 2009 to Jan 2012 | — |
| Williamson-Dickie Mfg. Co. | Board Member | Jan 1998 to Jan 2007 | — |
| Krystal Corporation | Board Member | Jan 1996 to Jan 2006 | 470 unit fast service restaurant chain in the southeastern US |
| Ingram Barge Company | Board Member | Jan 1998 to Jan 2000 | — |
| Permanent General | Board Member | Jan 1997 to Jan 2000 | Permanent General is a non standard automotive insurance company |
| Blessings Corporation | Board Member | Jan 1993 to Jan 1998 | Blessings manufactured plastic packaging products and value added products in the consumer products space. The company was sold to Huntsman. |
| Fidelity Investments | Analyst | Jan 1992 to Jan 1994 | — |
Education
Harvard Business School
MBA, Finance
1990 — 1992
Vanderbilt University
BS, Economics
1980 — 1984
Skills & Expertise
Others at Courage Capital Management LLC (1)
| Name | Role | Location |
|---|---|---|
| Associate | Nashville, TN , United States |