Riverside Company Micro Cap Fund?

Based on the most helpful WSO content, The Riverside Company is highly regarded in the private equity space, with a stellar 99.5% rating for professional growth opportunities and overall employee satisfaction as of September 2023. This places it at the top of the rankings compared to other major PE firms like Blackstone, KKR, and Bain Capital.

Firm & Strategy:

• Focus: The Riverside Company specializes in investing in micro-cap and small-cap companies, often targeting businesses with strong growth potential and niche market leadership.
• Approach: Their strategy typically involves operational improvements and strategic growth initiatives to create value in their portfolio companies.

Compensation:

• While specific compensation details for interns aren't provided, the total average compensation for full-time roles in private equity is as follows (September 2023 data):
  • 1st Year Associate: $266K
  • 2nd Year Associate: $277K
  • 3rd+ Year Associate: $363K
  • Vice President: $599K
  • Director/MD: $676K

Intern-to-FT Conversion:

Unfortunately, there is no specific data in the WSO dataset regarding the percentage of interns who receive full-time offers after their summer analyst (SA) internship. However, given the firm's high ratings for professional growth and satisfaction, it is likely that strong performers have a good chance of securing a full-time role.

If you're considering an internship with Riverside, it could be a great stepping stone for a career in private equity, especially given their reputation and focus on growth opportunities.

Sources: One Rock Capital - Thoughts?, Riverside company internship, Thoughts on Thomas H Lee Partners?, Cold Emailing - Internship, Q&A: 3rd year analyst at a boutique PE fund in the SEA region