PE firm Riverside hits first close of new APAC fund at $103m

PE firm Riverside hits first close of new APAC fund at $103m

Melbourne, Australia. Photo: Pixabay

The Riverside Company, a global private equity firm focused on making control and non-control investments in firms with enterprise values of under $200 million, has made the first close of its new Asia-Pacific vehicle – Riverside Australia Fund III – at A$147.5 million ($103 million).