Riverwood Capital has appointed Mac Hofeditz as managing director focused on capital formation. The private equity firm strengthened its fundraising team amid growing competition for institutional capital from specialized investment partners.

Hofeditz brings significant experience to the role, having most recently worked at Vector Capital Management. He also served as a founding team member and partner at Probitas Partners. Earlier in his career, Hofeditz founded the private funds group for a global investment bank, establishing deep relationships in the institutional marketplace.

The appointment reflects Riverwood's strategic focus on expanding its investor base during a period when fund managers face heightened scrutiny from institutional investors demanding specialized expertise and track records in complex investment strategies.