Riverside’s Investment Principles
INVESTORS FIRST
Our investors' interests always come first. Our existence and our compensation are predicated on top quartile returns in all of our funds and regions around the world. We invest meaningfully in our own funds because they represent exceptional investment opportunities. At Riverside, we believe in principled investing and align our interests with those of our investors.
NEXT LEVEL
We take our portfolio companies to the next level. We like growth. We will accelerate the growth and the qualitative enhancement of the companies we invest in, as well as the growth of Riverside itself. Growth will be both planned and opportunistic but always building off of existing expertise.
VALUES MATTER
We believe that values determine the fate of businesses. Businesses that live by a shared set of core company values are more likely to thrive because they perform better and are more rewarding (financially and psychically) places to invest, do business and work. Our core company value is to treat others in the same way we would want to be treated. Honesty, integrity and high ethical standards are crucial to everything we do.
We will comply with the letter and spirit of the agreements into which we enter as well as the laws and rules that govern us. We value health, safety and social responsibility and will invest accordingly. We do not believe that investing profitably conflicts with these goals, but faced with the choice we would not make an investment that is not responsible in these or other socially important ways. A simple test is to do what you’d be comfortable seeing reported on the front page of the newspaper.
ENJOY!
We believe that a passion for what we do makes us better investors and better contributors. And we believe that having fun and being productive go hand in hand and that appropriate humor enlivens the workplace.
SUPERIOR WORK
We take pride in our work, making sure it is always of excellent quality. We stress teamwork in everything we do, while nurturing individual creativity as a powerful source of excellence. And, because success can lead to complacency, we worry in a healthy way and look critically at our activities on a regular basis with an eagerness to improve our methods.
TOP TALENT
We are who we hire, and so we select Riversiders carefully, seeking a diverse group of individuals who meet our high standards in ability and fit our team oriented culture of intellectual honesty, candid discourse, humor and principled investing. As a global firm we embrace the cultural differences that make our world richer even while acting as a melting pot.
While growing Riverside’s assets, reach and people, we will maintain individual “tribes” that are small enough to feel empowered. We push down responsibility to the maximum extent possible thereby creating interesting and challenging work at all levels. We seek to promote from within whenever possible. We give abundant feedback and training. We believe that after open, frank and well-balanced dialogue, the wisdom of the team trumps the wisdom of the individual.
We believe keeping true to these business principles will result in leaving ‘great references in our wake’.