LOS ANGELES, Oct. 19, 2017
Strong Investor Interest Driven by Proven Growth Strategy
The oversubscription of Fund 4 can be attributed to the robust investor support for Riordan Lewis & Haden Equity Partners’ distinctive approach to value creation. The firm’s focus on fostering rapid organic growth within its portfolio companies, coupled with a commitment to conservative capital structures, resonated strongly with both existing and new limited partners. Investors were particularly drawn to RLH’s impressive track record of successful portfolio company exits. The firm’s recent performance speaks volumes, with its last seven exits yielding an outstanding average gross multiple on investment (MOI) of 4.6x, with individual MOIs ranging from a solid 2.5x to an exceptional 8.7x. This consistent delivery of strong returns has solidified Riordan Lewis & Haden Equity Partners’ reputation as a reliable and high-performing investment partner.
Leadership Expresses Gratitude and Optimism
J. Christopher Lewis, Managing Partner of Riordan Lewis & Haden Equity Partners, expressed his appreciation for the strong investor support. “We are deeply grateful for our investors’ confidence in our seasoned team of investment professionals and the differentiated value-creation strategy that we have been successfully pursuing for more than 35 years,” he stated. He further acknowledged the crucial role of their partners, adding, “We also want to thank the outstanding entrepreneurs with whom we partner. Their vision, energy, and expertise are essential elements of the investment success we have enjoyed.” The investor base for Fund 4 is composed of approximately two dozen esteemed domestic and international institutions, including public and private pension funds, foundations, funds-of-funds, and high net worth individuals, reflecting the broad appeal and credibility of Riordan Lewis & Haden Equity Partners within the investment community.
Michel Glouchevitch, Managing Director at RLH, also commented on the successful fundraise and future outlook. “We are excited to have a fresh pool of capital to support high-caliber management teams in developing distinctive, market-leading, high-growth businesses,” he noted. Glouchevitch further indicated the firm’s active deployment of capital, stating, “We have already made our first investment from Fund 4 and are actively exploring a substantial pipeline of promising opportunities.” This proactive approach signals Riordan Lewis & Haden Equity Partners’ continued commitment to identifying and nurturing high-potential companies.
About Riordan Lewis & Haden Equity Partners
Riordan Lewis & Haden Equity Partners (RLH) is recognized as a leading private equity firm dedicated to investing in high-growth, profitable enterprises generating annual revenues between $30 million and $200 million. With a focused sector strategy, RLH primarily targets companies within the business services, healthcare, and government services industries. The firm boasts a 35-year history of success, built on a foundation of partnering with passionate entrepreneurs to create significant and enduring companies. RLH typically employs a recapitalization transaction structure, providing partial liquidity to entrepreneurs while simultaneously supporting the portfolio company’s management team in navigating the challenges and opportunities associated with rapid expansion. Currently managing approximately $1 billion in assets, Riordan Lewis & Haden Equity Partners is actively seeking new portfolio companies that align with its investment thesis and growth objectives.
Contact:
For further information, please contact:
J. Christopher Lewis
Managing Partner
Riordan Lewis & Haden | Equity Partners
310-405-7200
[email protected]
Visit us online:
www.rlhequity.com
SOURCE Riordan, Lewis & Haden | Equity Partners
