Riverside raises circa $2bn with micro-cap fund

The Riverside Company, a global private investor focused on the smaller end of the middle market, has held the final close of the Riverside Micro-Cap Fund VI (RMCF VI) with $1.872 billion in investable capital, making it the company’s largest fund to date. 

The Riverside Company (Riverside), a global private investor focused on the smaller end of the middle market, has held the final close of the Riverside Micro-Cap Fund VI (RMCF VI) with $1.872 billion in investable capital, making it the company’s largest fund to date. 

RMCF VI, which closed at more than 50% larger than its predecessor fund RMCF V, will continue to invest in fast-growing North American companies with generally up to $10 million of EBITDA. Since 2005, the RMCF team has invested in 83 platform companies, 191 add-ons, and completed 43 exits.

RMCF uses a process-oriented and hands-on approach that aims to drive significant improvements in companies’ operations, management teams, product offering and infrastructure, adding value through organic growth and acquisitions.