Illinois State Board of Investment

About the fund

Riverside Value Fund is a $350 million private equity fund focused on acquiring distressed and undervalued businesses across North America with the thesis that operational expertise and restructuring can generate attractive returns while advancing worker financial participation. Led by experienced operators Marc Jourlait and Sean Ozbelt, the fund pursues a buyout strategy grounded in broad-based equity ownership programs designed to align employee interests with value creation and exit outcomes. The fund has implemented employee ownership structures across six of its eight portfolio companies, treating equity participation as both an impact mechanism and a return driver. The fund targets institutional investors and high-net-worth individuals seeking exposure to operationally intensive buyouts with an embedded ownership economy thesis.