The Riverside Company has hired Jamie Kiggen as President of the global private equity firm. Mr. Kiggen’s responsibilities include chairing the Riverside Cabinet (composed of the Co-CEOs, Fund Managers and the COO), working closely with senior investment executives, leading new product development, supporting the work of the Investor Relations team, assisting with human capital management, representing Riverside at select events and providing investment expertise on select transactions. Mr. Kiggen will be based in Riverside’s New York office.
“Bringing in a President is a decision we’ve been mulling over for years, particularly as the demands of our positions continue to grow as we’ve emerged as the leading global private equity firm focused on the smaller end of the middle market,” said Stewart Kohl, Riverside Co-CEO. “Jamie is an exceptional talent, and we’re confident he’ll help us take Riverside to its next phase of success.”
Mr. Kiggen brings more than 25 years of experience, most recently as Senior Managing Director at Blackstone, where he headed up their cleantech venture capital effort while also playing a senior technology investment role in their private equity group. Prior to that, he was at AllianceBernstein, where he managed a global research and investment team focused on emerging sciences and technologies and launched a late-stage venture fund. Earlier in his career, he was a top-ranked research analyst at DLJ, where he also served as Director of Technology Research. Mr. Kiggen started his career as an entrepreneur in the software industry, and worked at McKinsey and Wellington before moving to Wall Street. He has a BA and an MBA from Harvard.
“The addition of Jamie adds a tremendous talent, in addition to a layer of sophistication for our organization,” said Béla Szigethy, Riverside Co-CEO. “The private equity industry is maturing and evolving. Like other leading institutional private equity firms, Riverside needs to find ways to become even more efficient and effective. Jamie will do just this, thereby helping make us a better company and allowing Stewart, me and the entire Riverside leadership team to spend greater time focusing on potential and existing portfolio companies, helping to drive portfolio performance and visiting with key stakeholders, including investors, sellers, portfolio company managers, deal sources, the press and public policy makers.”
The Riverside Company is a private equity firm focused on the smaller end of the middle market (“SEMM”). Riverside specializes in investing in SEMM companies (those valued up to $200 million) and partners with management teams to build companies through acquisitions and value-added growth. Since 1988, the firm has invested in 280 transactions with a total enterprise value of more than $6 billion. The firm is headquartered New York with additional offices in Atlanta, Chicago, Cleveland, Dallas, Los Angeles, San Francisco, and London (www.riversidecompany.com).
“I’ve known and respected Béla and Stewart for years, and Riverside has earned a great reputation,” said Mr. Kiggen. “I’m looking forward to being part of the firm’s continued growth and success.”