Riverside Closes €315M European Fund

Jul 12 2007 | 2:01pm ET

The Riverside Company has closed its third European fund at €315 million (US$433 million).

Institutional investors and investment advisors that invested in the fund include Massachusetts Mutual Life Insurance Company, Alfred I. duPont Testamentary Trust and Altius Associates.

Riverside Europe Fund III focuses on the smaller end of the middle market spectrum on companies with enterprise values between €15 million and €120 million. "After 18 years of hard work, we are now able to say that Riverside holds the distinction of being the only pan-European buyout firm focused exclusively on the smaller end of the middle market,” said Béla Szigethy, Riverside’s co-CEO.

“Although much larger than our last European fund, the size of REF III fits perfectly with our current pace of investment in Europe. We have been very active in that market in the recent past, completing six European acquisitions and two exits since January 2006. We expect that pace to accelerate as we continue to open new offices, most recently in Brussels and Madrid."


In Depth

Hedge Fund Veteran Peter Borish Talks Trading

Dec 17 2014 | 9:32am ET

Peter Borish says 2014 was “tricky” from a trading perspective. “The best...

Lifestyle

Cohen Donates $1.5M To GOP Governors Association

Dec 10 2014 | 7:13am ET

The Republican Governors Association raised close to $25 million from October 1...

Guest Contributor

Q&A With Daniel Gallancy: Institutional Interest In Bitcoin Is Growing Steadily

Dec 12 2014 | 7:54am ET

Daniel Gallancy is founder and CEO of SolidX, a provider of total return swaps for...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.