Private Equity Career LLC reposted this
Founder of Private Equity Career LLC; author of "A Cartoon Lover's Guide to Private Equity"
LPs want distributions! “We’ve heard that loud and clear,” said Béla Szigethy, co -CEO of The Riverside Company, at the media breakfast it hosted this morning in NYC, the day after its annual LP meeting. Szigethy (seated at right) estimated that this year The Riverside Company would return $1.5 billion to investors via the sale of 15 companies. It is on pace to invest $1.1 billion in 2024. “They sell because we’ve made them good companies to buy.” #privateequity #distributions Holly Mueller Graham P. Hearns Jeremy Holland