The Riverside Company, the New York-based international buyout shop specializing in the lower end of the middle market, has decided to move its West Coast operations to Los Angeles after former regional director Rob Austin, who worked out of San Francisco for three years, left the firm for business school.
Stewart Kohl, co-ceo, said Beth Page, a v.p. in Merrill Lynch‘s capital corporate finance group, would replace Austin and set up the Los Angeles office. “The fact that she is in L.A. is not coincidental; it’s a deliberate recognition on our part there are a lot of deals coming though L.A., and we’re going to do a better job of sourcing them by having somebody there every day in the flow,” Kohl said.