Riverside Partners Holds a Final Close on $406 Million for Fund IV

Jan. 5, 2010

GREENWICH, CONN. — Atlantic-Pacific Capital, the largest independent global placement agent for alternative investment funds, is pleased to announce the final close of Riverside Fund IV, L.P., a $406 million lower middle market buyout fund. Fund IV was significantly oversubscribed and exceeded Riverside Partners' initial target of $325 million when the fund was launched in April 2009. Fund IV received support from almost all existing institutional investors while also attracting a number of new partners including state and corporate pension plans, foundations, consultants, and European investors. Atlantic-Pacific Capital acted as the exclusive global placement agent and financial advisor.

Fund IV will continue Riverside’s focus on control investments in established lower middle market healthcare and technology companies. This focus includes investing in and adding value to founder- and management-owned companies where Riverside can utilize a highly flexible approach to customize transactions to meet owners’ specific objectives as well as work with management to drive significant post-closing improvements in the business.

“APC provided a tailored marketing plan and ongoing strategic advice, both of which are critical in today’s challenging capital-raising environment,” said David Belluck, General Partner of Riverside. “We were impressed with the team’s execution from start to finish. They did a fantastic job in helping us raise this fund.”

About Atlantic-Pacific Capital, Inc.

With offices in North America, Europe and Asia, Atlantic-Pacific Capital, Inc. is a leading global placement agent solely dedicated to raising capital for alternative investment funds. Typical projects include private equity, real estate, and hedge fund placements, as well as private placement financings in support of acquisitions, buy-outs and growth capital transactions. Founded in 1995, Atlantic-Pacific has raised in excess of $30 billion for its clients and has developed relationships with over 4,000 alternative investors worldwide.

About Riverside Partners

Founded in 1989, Riverside Partners is a middle market private equity firm focusing on growth-oriented companies in the healthcare and technology industries. Riverside is particularly experienced at partnering with founders, owners and management teams and it brings substantial domain expertise and operating experience to its portfolio companies. The partners at Riverside have managed more than $500 million in investments in over 50 companies. The firm is currently focused on companies with revenues between $20 -$200 million and with $5 - $25 million of EBITDA. For more information, visit www.riversidepartners.com.