The Riverside Company (Cleveland specifically, but all locations welcome)
Was wondering if anyone could speak to the associate experience at The Riverside Company. Is it a 2/3 and out shop, how's the culture, fund performance, etc.
Was wondering if anyone could speak to the associate experience at The Riverside Company. Is it a 2/3 and out shop, how's the culture, fund performance, etc.
| +180 | Future of PE | 38 | 1d |
| +33 | Best industry/job for entrepreneurship? | 11 | 2d |
| +30 | What are you actually using AI for in PE? | 14 | 2h |
| +19 | Laid off from MM PE - Seeking Help | 5 | 1h |
| +19 | Burn Out in PE - What Comes Next? | 3 | 3d |
| +18 | Firm not transferring me to NYC | 11 | 56m |
| +15 | Buyside in London with nice WLB and pay | 15 | 7h |
| +12 | Value Creation Initiatives (That aren't add-ons) | 3 | 1d |
| +10 | Undergrad summer PE analyst positions | 3 | 4d |
| +9 | Question about HH 2028 | 2 | 3d |
Career Resources
Someone correct me if I’m wrong as this is all anecdotal. I don’t know much about the Company, but here are some high level thoughts to get convo started.
It’s a top tier shop if you want to work in LMM. They are massive within that space (just look at fund sizes that are spread across different strategies). Lots of $ to work for lots of deals. Based on this, I’d assume that they work hard.
I worked with them a few times before. I have a lot of respect for these guys. Their strategy is basically to be the big fish in small pond markets.
For example, $200mm market, 50% penetrated, 6 players:
...and so on. They'll buy TargetCo, and then maybe tuck in one of A through E. Because these are generally small markets though, A through E will likely have another adjacent product or service, which presents you with lots of meaningful cross-sell opportunities. A lot of these companies have yet to be fully professionalized as well so there's definitely an element of roll-up-your-sleeves to these guys.
One of the things that struck me about them is that they are more thoughtful than most when it comes to the question of "What am I going to do with this company to drive value once I buy it". On a relative scale, these guys are really thoughtful there when it comes to the actual diligence process.
I will say, these are hard earned dollars. These guys work sufficiently hard but they aren't notable grinders. However, because of this strategy of value creation, they really fight for every buck. I would keep that in mind. It may sound easy to write off, but really think about what that feels like day in and day out.
Very insightful. From an associate perspective, would you be worked as hard as an HIG for example, since they are another notable value investor in the MM.
Magnam ut minima hic est quasi aut veritatis. Impedit est labore ad suscipit. Accusantium id corporis laborum nisi.
Aperiam architecto dolorem soluta. At quia eos sunt qui tempore. Fugit in sunt et sequi quo quo est nemo.
Est dolorem omnis nesciunt nobis illum odio magni. Quae neque dolor dolore cum nostrum. Aliquid excepturi quas sit in iusto ut aliquam. Modi unde voluptatem et qui suscipit delectus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...