Trilantic Capital Partners Raises $2.2 Billion
Trilantic Capital Partners (“Trilantic”), a global private equity firm, today announced the closing of Trilantic Capital Partners V (North America) L.P. (“Fund V North America”), a $2.2 billion private equity fund investing in the business services, consumer, energy and financial services sectors.
Fund V North America exceeded its initial target of $2.0 billion and the size of its previous fund of $1.9 billion. Trilantic V North America is Trilantic’s first stand-alone fund following its emergence from Lehman Brothers Merchant Banking in 2009.
“We saw strong interest from both current and new investors in this round of fundraising,” said Charlie Ayres, Chairman of the Trilantic Executive Committee. “We are grateful for this capital and look forward to continuing our differentiated investment approach focused on patient and flexible capital.”
In Fund V North America, approximately one-half of the commitments are from new investors and more than one-quarter from foreign LPs. The fund’s diverse LP base includes public and private pension plans, sovereign wealth funds, insurance companies, corporations, not-for-profit organizations, family offices and high net worth individuals.
The fund will focus on proprietary investment opportunities to maintain a diversified portfolio, with a strong emphasis on partnering with proven management teams, entrepreneurs and family-owned business and providing flexible capital best suited for the growth strategy of each company.
Since its inception, Trilantic has established a sustainable investment sourcing platform, which has resulted in 14 new investments in North America and six in Europe.
About Trilantic Capital Partners
Trilantic is a private equity firm focused on control and significant minority investments in North America and Europe with a primary investment focus in the business services, consumer, energy, financial services and media and telecommunications sectors. Trilantic currently manages four institutional private equity funds with aggregate capital commitments of $6 billion.
For more information, visit www.trilantic.com
Trilantic Capital Partners
Mark Kollar
Prosek Partners
Tel: 212.279.3115 ext 201
Email: mkollar@prosek.com
Dec 09, 2013
New York
Trilantic Capital Partners
Mark Kollar
Prosek Partners
Tel: 212.279.3115 ext 201
Email: mkollar@prosek.com