Riverside Strategic Capital Fund raises $418 mln
The Riverside Co said April 17 that its completed fundraising for its first non-control investment fund. Riverside Strategic Capital Fund (RSCF) raised $418 million in total investable capital (including separately managed accounts), above its target of $350 million. Investors of RSCF include New Mexico Educational Retirement Board, Northwestern Mutual and Riverside Strategic Capital Fund RSCF makes non-control structured equity investments in companies with over $5 million of EBITDA. Riverside also said it promoted Jeffrey Gordon to partner and Jay Reynolds to principal.
17 April 2017•3 mins read
