Overview
The Firm advises private pooled investment vehicles. Throughout this Brochure, the Firm’s clients
are referred to as a “Fund” or the “Funds” and references to “investors” shall mean those Funds’
underlying limited partners.
Interests in the Funds are sold to “accredited investors” and/or “qualified purchasers.”1
Generally, the Funds’ investors are institutions and high net worth individuals.
Riverwood was formed in 2008. The principal owners of the Firm are Francisco Alvarez-Demalde
and Jeffrey Parks (the “Managing Partners”).
The Firm mainly provides discretionary advisory services (along with limited non-discretionary
services) to private funds whose strategy is to make private equity investments in mid-sized
companies, primarily in the global technology, technology-enabled and related industries, that
are scaling at a fast pace or at an inflection point for accelerating growth. The Firm
may consider
investments on behalf of the Funds in other industries in its sole discretion. With very limited
exceptions, the Firm’s investments are limited to private equity investments.
The Funds may have different investment guidelines.2 These guidelines limit the concentration
and geography of the Funds’ investments or limit the Funds’ investments in certain asset classes.
The Firm has the ability to further tailor its advisory services to the specific needs of a Fund as
may be necessary, appropriate or negotiated from time to time. The Firm does not tailor its
advisory services to the specific needs of individual investors.
The Firm does not participate in wrap fee programs.
As of December 31, 2023, the Firm managed $5,803,696,334 of regulatory assets under
management on a discretionary basis and $186,098,285 of regulatory assets under management
on a non-discretionary basis.