Riverwood Capital closes $1.8B fund

Nov 25, 2023

What they are saying:

"Riverwood Capital with offices in Menlo Park “has closed on $1.8 billion in new capital, the growth investment firm announced today.

The firm last raised in 2020, with total capital commitments of $1.4 billion at that time.

Riverwood’s strategy is to invest in and support “high-growth” mid-size technology companies that are either profitable or with positive unit economics. The new capital will go mostly toward new investments, said Jeff Parks, co-founder & managing partner of Riverwood Capital. The firm does not reserve capital upfront in a fund for follow-ons.”

Techcrunch

My thoughts:

(not financial advice)

🚀 Market Resilience: Despite market fluctuations, large funds, especially in the U.S., are still managing to raise significant capital.
🎯 Attraction of High Returns: Funds demonstrating strong returns continue to draw more investment, a trend that's evident across various sectors.
💡 Focus on Profitability: The consistent emphasis on investing in profitable tech companies reflects a broader investment trend in the current

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