• Home
  • About Us
  • Contact
  • Your Account
  • Subscribe
Tuesday, August 16, 2022
  • Login
Alternatives Watch
  • Subscribe
  • Hedge Funds
    • Manager News
    • Mandates
    • Service Provider News
    • CTAs/Managed Futures
  • Private Equity
    • Manager News
    • Mandates
    • Service Provider News
  • Private Credit
    • Manager News
    • Mandates
    • Service Provider News
  • RE/Infrastructure
    • Manager News
    • Mandates
    • Service Provider News
  • Investor News
    • Endowments and Foundations
    • ESG
    • Pensions
    • Platforms
    • Consultants
  • Research
    • Investor Scorecard
    • Manager Scorecard
No Result
View All Result
  • Subscribe
  • Hedge Funds
    • Manager News
    • Mandates
    • Service Provider News
    • CTAs/Managed Futures
  • Private Equity
    • Manager News
    • Mandates
    • Service Provider News
  • Private Credit
    • Manager News
    • Mandates
    • Service Provider News
  • RE/Infrastructure
    • Manager News
    • Mandates
    • Service Provider News
  • Investor News
    • Endowments and Foundations
    • ESG
    • Pensions
    • Platforms
    • Consultants
  • Research
    • Investor Scorecard
    • Manager Scorecard
No Result
View All Result
Alternatives Watch
No Result
View All Result

PE firm Riverside sets up emergency shelter for Ukrainian civilians

Susan BarretobySusan Barreto
July 1, 2022
in Manager News, Open Access, Private Equity
PE firm Riverside sets up emergency shelter for Ukrainian civilians

By vanenunes/Envato Elements

ShareTweetShareSendSend

The $13 billion global private equity firm The Riverside Company has set up a shelter for Ukrainian civilians who urgently need a safe harbor through Alter Pharma, its Belgium-based pharmaceutical portfolio company.

The shelter is located in a vacant office space and has 15 dorms on the upper floors and common areas on the ground level. The space will serve as a temporary safe haven for families until they have a long-term place to stay or the military offensive ends, officials said.

Shelter photo

“The war in Ukraine effects every one of us,” said Karsten Langer, Riverside managing partner. “This Ukraine Shelter, in which so many companies and people are involved as partners, is the most inspiring and vital initiative, and we are delighted to support this at Riverside. It has our total commitment.”

With the support of partners and the dedication of volunteers, Riverside has managed to turn an empty office in Anderlecht into a safe space for 18 Ukrainian families. The focus in recent weeks has been to support these families towards effective social integration.

All children school-aged children are attending school, making new friends, joining sport teams, and learning the language, officials said. Thanks to donations, Riverside has provided around 10 bikes, phones and laptops to improve their everyday life.

Shelter image

The stories from people crossing the Ukrainian border at night, families sleeping in shopping malls and metro stations, and the images of children being separated from their parents encouraged Alter Pharma to partner up with the landlord, site manager, and other tenants of the office site in Anderlecht where its headquarters are located. The shelter initiative is being supported by Alter Pharma’s majority shareholder,

The Riverside Company, as well as the Anderlecht Commune and the Embassy of Ukraine in Belgium, has teamed up with other private logistics partners that are offering their expertise to foster success for the initiative.

The Riverside Company is an international private equity firm that has made more than 870 investments since its founding in 1988. Currently, the international private equity and flexible capital portfolios of the firm includes more than 130 companies.

Those interested helping to further the humanitarian aid to Ukrainians can donate to the following charity account:  IBAN BE20 3632 2054 0856 / BIC BBRUBEBB.

The collected funds will be directly used for the logistics and supplies of the shelter and for the care of the residents (food, furniture, medical care, health and safely, etc). For details about this initiative and information on how to become a partner, please contact [email protected]. You can also get in touch with Alter Pharma by phone on +32 (0)2 526 64 100, or visit Alter Pharma’s LinkedIn page.

Tags: LatestUkraine
ShareTweetShareSendSend
Previous Post

Real estate/infrastructure lead as alt funds attract over $90 billion

Next Post

The pricing power of today’s tech-enabled investment office

Related Posts

Illinois pension adds more than $1.5 billion to alts
Investor News

Illinois pension adds more than $1.5 billion to alts

Abrdn takes a tech-informed approach to risk management  
Hedge Funds

Abrdn takes a tech-informed approach to risk management

Conversus StepStone opens venture/growth fund
Private Equity

Conversus StepStone opens venture/growth fund

Pomona closes secondary fund at $2.6bn
Manager News

Pomona closes secondary fund at $2.6bn

Carlyle announces another departure
Private Equity

Carlyle announces another departure

Next Post
The pricing power of today’s tech-enabled investment office

The pricing power of today’s tech-enabled investment office

Log In

Lost your password?

Recent Stories

AW Deal Watch: Blockbuster deals continue in private equity land

AW Deal Watch: Blockbuster deals continue in private equity land

KCERA ups private real estate

KCERA ups private real estate

Illinois pension adds more than $1.5 billion to alts

Illinois pension adds more than $1.5 billion to alts

Pennsylvania Public School Employees Retirement System

PSERS adds to alts 

Search the AW Archives

No Result
View All Result

Download

Alternatives Watch

© 2019-2022, All Rights Reserved  |  BMV Digital

Navigate Site

  • Subscribe
  • Hedge Funds
  • Private Equity
  • Private Credit
  • RE/Infrastructure
  • Investor News
  • Research

Follow Us

No Result
View All Result
  • Subscribe
  • Hedge Funds
    • Manager News
    • Mandates
    • Service Provider News
    • CTAs/Managed Futures
  • Private Equity
    • Manager News
    • Mandates
    • Service Provider News
  • Private Credit
    • Manager News
    • Mandates
    • Service Provider News
  • RE/Infrastructure
    • Manager News
    • Mandates
    • Service Provider News
  • Investor News
    • Endowments and Foundations
    • ESG
    • Pensions
    • Platforms
    • Consultants
  • Research
    • Investor Scorecard
    • Manager Scorecard
Log In

© 2019-2022, All Rights Reserved  |  BMV Digital

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Be an alts insider

Start your days in the know with our free newsletter

No, I don't want to be an alts insider

Thank

You!

Follow us
on LinkedIn

Cookie Consent
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie Settings Accept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
Save & Accept
Powered by CookieYes Logo