Small still beautiful for Riverside
The story of private equity in Asia is largely one of rising fund sizes and ever larger equity checks. The Riverside Company plans on staying small - a segment it has occupied globally for over 25 years. The mid-market buyout player sees a huge opportunity for this niche in Asia, and expects the region to become the key driver of its growth in the next decade.
Last week, Riverside closed its second Asia-focused buyout fund - Asia-Pacific Fund II (RAF II) - at $235 million after about 12 months in the market, surpassing its original target by 60%. LPs from...
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