Capital, experience and vision
European lower mid-market buyout funds are hard for private investors to reach. Two Rivers Capital makes them accessible through a Clusterfund, with a team that combines investment experience with entrepreneurship.

Denzell Melles
Denzell started at a Dutch private equity fund focused on small and medium-sized companies. He then worked at Morgan Stanley in London, in Investment Banking, on international billion-euro transactions for large companies and private equity houses.
At Two Rivers, he uses that experience to select the fund managers who consistently outperform. He sits on the advisory committee (LPAC) of 4 lower mid-market funds.
Denzell studied Economics & Management at King's College London (BSc) and Finance at University College London (MSc).

Maasbert Schouten
Maasbert has more than 25 years of experience as an entrepreneur and investor. As an entrepreneur, he grew his own business from a sole proprietorship into an organisation with more than 1,000 employees, twice named a Best Managed Company. As an investor, he focuses on lower mid-market private equity and has built a strong track record in fund selection.
He has personally committed more than €200 million to European lower mid-market private equity, through more than 100 funds.9 He sits on the advisory board of several lower mid-market funds and chairs the jury for Best Small Cap Deal at the M&A Awards.
Together with Denzell, he leads the investment committee, and he invests in each Clusterfund himself.

Tom Beyer
Tom assesses fund managers and their portfolios, leads the in-depth research (due diligence) on new funds and maintains contact with the funds we invest in. He previously worked at Bregal Anthos and Degroof Petercam.
Tom studied Management at Católica Lisbon (MSc) and at Rotterdam School of Management (BBA).

Wisse Staas
Wisse carries out analysis and market research for fund selection. He earned his BSc at Erasmus School of Economics and is combining an MSc in Financial Economics with an LLB in Tax Law.
Two Rivers is growing. Would you like to work with us in investment, operations or investor relations? We would be glad to hear from you, even if there is no vacancy at the moment.
Email info@tworivers.capitalHow we select fund managers
- Past results: demonstrably achieved by the current team, and repeatable
- Specialism: sectors and companies the team knows inside out
- Strategy and value creation: value from better companies, not from high debt
- Alignment of interests: managers invest substantial sums of their own and earn mainly when their investors do too