Riverside promotes Steven Spiteri to partner in Australia
The Riverside Company has appointed a second partner in six months in Australia, with the promotion of Steven Spiteri, who has been with the firm since 2010.
Spiteri joined Riverside from Hastings Fund Management, where he spent five years, and before that worked in corporate finance for KPMG. He serves as one of the lead investors on four current platform investments, and led the teams that delivered exits from Retail Zoo – owner of health drink franchise Boost Juice Bars – and medical consultancy MLCOA.
“Steven has been an incredible asset for our team,” Simon Feiglin, managing partner at Riverside, said in a statement. “He has a keen understanding of the Asia-Pacific market and he’s a deeply talented investment professional. We’re grateful to have him.”
Riverside now has two partners working under Feiglin in its Melbourne office, following the elevation of Nicholas Speer last September. The firm’s four existing investments in Australia and New Zealand are: rehabilitation services provider Work Health Group, online education business Learning Seat, waste collection company Waste Services Group, and animal health specialist Simcro.
The firm makes control and non-control investments in growing businesses, and in Asia it concentrates on family-founded or small corporate carve-outs across healthcare, education, software, specialty manufacturing and franchise-based companies. Riverside closed its second Asia fund at $235 million in 2014.
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