Riverwood Capital Closes on $1.8 Billion for Technology Deals
Nov. 20, 2023 7:00 am ET|WSJ ProPrivate-equity firm Riverwood Capital, formed 15 years ago by former KKR executives, has raised its largest pool of capital to date to invest in high-growth technology companies.The firm collected $1.8 billion for its fourth fund, Riverwood Capital Partners IV, and related vehicles, said firm co-founders Francisco Alvarez-Demalde and Jeff Parks. The sum exceeds Riverwood’s $1.5 billion target as well as the firm’s previous fundraising effort, a 2019-vintage vehicle that gathered $1.4 billion.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8The go-to source for all things private equity.News, data and analysis to help you find opportunities, and to follow the broad trends in dealmaking, investing and regulati...