Values-Driven Private Equity with Stewart Kohl

In this episode, Timothy Henry and Raj Sisodia welcome Stewart Kohl, Co-CEO of The Riverside Company, a global private equity firm known for its long-term, values-centered approach to investing. Drawing on decades of experience, Stewart shares his powerful perspective on integrating values with valuation in the world of private equity, and what it takes to invest wisely during times of radical uncertainty. Stewart reflects on the discipline required to stay true to purpose while navigating shifting markets and evolving stakeholder expectations. The conversation also explores the practical realities of responsible investing, including the growing importance of employee ownership and stewardship. Stewart offers candid insights into what it means to lead consciously, build resilient businesses, and champion sustainable growth across diverse industries. Join us for a thought-provoking discussion that highlights the future of capitalism—and reveals why values-driven leadership remains one of the most powerful levers for long-term impact. Chapters 00:00 Introduction and Responsibilities of an Investor 03:19 Values and Valuation in Private Equity 06:46 The Importance of Company Culture 08:34 Navigating Radical Uncertainty 10:31 The Role of Industry Expertise 20:39 Responsible Investing and Stewardship 30:04 The Importance of Conscious Growth 30:25 Strategies for Healthy Business Growth 30:45 Organic and Inorganic Growth Tactics 31:53 The Risks and Rewards of M&A 33:59 Employee Ownership and Its Impact 36:26 Creating an Ownership Culture 38:58 Empathy in Leadership 46:28 The Role of Co-CEOs in Business 51:47 Rapid Fire Round 56:13 Final Thoughts on Conscious Capitalism If you enjoy this podcast, would you consider leaving a review on Apple Podcasts. It takes only a few seconds and greatly helps us get our podcast out to a wider audience. For transcripts and show notes, please go to: https://www.theconsciouscapitalists.com This show is presented by Conscious Capitalism, Inc. (https://www.consciouscapitalism.org/) and is produced by Rainbow Creative (https://www.rainbowcreative.co/) with Matthew Jones as Executive Producer, Nicholas Peters as Producer, and Nathan Wheatley as Editor. Thank you for your support! Timothy & Raj