The Riverside Company Closes Asia-Pacific Fund II at $235M
May 15, 2014
The Riverside Company has completed fundraising for its latest buyout fund, closing Riverside Asia-Pacific Fund II at $235 million. A 57% increase over its $150 million PPM target, the $235 million is also much larger than the firm's previous Asia fund, which closed on $28 million in 2009. The fund will target control buyouts of companies with less than $15 million in EBITDA in the developed economies of the Asia-Pacific region.