he US-based private equity company Riverside has appointed Dörte Höppner to the newly-created role of chief sustainability officer.
In her new role, Höppner will be responsible for identifying global ESG initiatives and integrating these within Riverside’s various fund families, working closely with the managing partner of each fund.
She will retain her leadership role for fundraising and investor relations for Riverside in Europe alongside her enlarged ESG responsibilities. She has also been promoted to managing director for fundraising and investor relations.
Höppner, who joined Riverside in 2017, will continue to be based in Europe and report directly to Riverside’s co-chief executives, Stewart Kohl and Béla Szigethy.
Höppner was previously secretary general of Invest Europe, the pan-European trade body for private equity, in which role she was named as one of the 100 most influential women in European financial services by Private Equity News’ sister title Financial News.
“Diversity and inclusion, committed environmental stewardship and high standards of corporate governance have become core issues of business concern over recent years and rightly so,” said Kohl.
“Private equity investors expect good ESG practice of their management firms and we, in turn, expect this of our portfolio companies.”
Riverside focuses on the smaller end of the middle market, typically investing in businesses valued at up to $400m.
To contact the author of this story with feedback or news, email Mark Latham
