Riverside's first growth lending fund closes at $50 mln

The Riverside Company said Oct. 4 that it first growth lending fund has closed at its $50 million target. Riverside Acceleration Capital (RAC) will provide growth capital to software businesses without altering ownership or control dynamics. Riverside did not disclose LPs of the fund but said it attracted a wide array of investors including many new to firm.

4 October 2016•3 mins read
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