Jersey\/ London \u2014 Triton Debt Oppor\u00adtu\u00adni\u00adties II (\u201cTDO II\u201d or \u201cthe Fund\u201d) has successfully comple\u00adted its fund\u00adrai\u00adsing with commit\u00adments of \u20ac744 million, signi\u00adfi\u00adcantly surpas\u00adsing its target size of \u20ac550 million. TDO II recei\u00adved strong support from exis\u00adting inves\u00adtors and has secu\u00adred considera\u00adble commit\u00adments from a range of insti\u00adtu\u00adtio\u00adnal inves\u00adtors from around the world, in parti\u00adcu\u00adlar from Euro\u00adpean and US pension funds. In addi\u00adtion, Triton has also raised a Sepa\u00adra\u00adtely Mana\u00adged Account which will serve as an over\u00adflow account for the Fund.<\/p>\n
TDO II opera\u00adtes an all-weather approach to inves\u00adt\u00ading, using its unique sourcing network to find attrac\u00adtive invest\u00adments at healthy prices. The Fund was ther\u00ade\u00adfore well posi\u00adtio\u00adned to deploy capi\u00adtal throug\u00adhout 2020, during which time there has been signi\u00adfi\u00adcant price dislo\u00adca\u00adtion, and it is now 40% invested.<\/p>\n
TDO II conti\u00adnues to see a strong pipe\u00adline of acti\u00advity and anti\u00adci\u00adpa\u00adtes considera\u00adble oppor\u00adtu\u00adnity to invest further during the marke\u00adt\u2019s reco\u00advery phase. TDO II will conti\u00adnue to invest in the same sectors and geogra\u00adphies as Triton\u2019s private equity funds, focu\u00adsing on the indus\u00adtri\u00adals, busi\u00adness services, consu\u00admer and health sectors, across the Nordics, DACH and Benelux.<\/p>\n
The Fund invests in non-control posi\u00adti\u00adons across the capi\u00adtal struc\u00adture in mid-market compa\u00adnies, with its average invest\u00adment size typi\u00adcally between \u20ac10\u201340 million. The TDO funds bene\u00adfit from a unique advan\u00adtage through their access to the wider Triton network, enab\u00adling them to tap into signi\u00adfi\u00adcant resour\u00adces and know\u00adledge, specia\u00adlist sector insight, and support from the firm\u2019s invest\u00adment advi\u00adsory network, opera\u00adting part\u00adners, senior indus\u00adtry experts and banking relationships.<\/p>\n
Amyn Pesnani, Head of TDO, said: \u201cWe are extre\u00admely plea\u00adsed to have been supported by a range of new and exis\u00adting inves\u00adtors and we would like to extend our thanks for their commit\u00adment to TDO II. Our flexi\u00adble invest\u00adment approach, support from the wider Triton plat\u00adform and stra\u00adtegy of iden\u00adti\u00adfy\u00ading underva\u00adlued busi\u00adnesses has allo\u00adwed us to alre\u00adady put capi\u00adtal to work this year, making the most of the current market condi\u00adti\u00adons, and we conti\u00adnue to see a healthy pipe\u00adline of exci\u00adting oppor\u00adtu\u00adni\u00adties ahead.\u201d<\/p>\n
About Triton<\/strong> Jersey\/ London \u2014 Triton Debt Oppor\u00adtu\u00adni\u00adties II (\u201cTDO II\u201d or \u201cthe Fund\u201d) has successfully comple\u00adted its fund\u00adrai\u00adsing with commit\u00adments of \u20ac744 million, signi\u00adfi\u00adcantly surpas\u00adsing its target size of \u20ac550 million. TDO II recei\u00adved strong support from exis\u00adting inves\u00adtors and has secu\u00adred considera\u00adble commit\u00adments from a range of insti\u00adtu\u00adtio\u00adnal inves\u00adtors from around the world, in particular [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":35345,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366,1369,1381,1389],"tags":[],"class_list":["post-43561","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","category-investors","category-private-debt-mezzanine","category-private-debt-mezzanine-financing-en","news-category-deals-news-en"],"yoast_head":"\n
\nSince its estab\u00adlish\u00adment in 1997, Triton has spon\u00adso\u00adred ten funds, focu\u00adsing on busi\u00adnesses in the indus\u00adtrial, busi\u00adness services, consu\u00admer and health sectors. The Triton funds invest in and support the posi\u00adtive deve\u00adlo\u00adp\u00adment of medium-sized busi\u00adnesses head\u00adquar\u00adte\u00adred in Europe. Triton seeks to contri\u00adbute to the buil\u00adding of better busi\u00adnesses for the longer term. Triton and its execu\u00adti\u00adves wish to be agents of posi\u00adtive change towards sustainable opera\u00adtio\u00adnal impro\u00adve\u00adments and growth. The 44 compa\u00adnies curr\u00adently in Triton\u2019s port\u00adfo\u00adlio have combi\u00adned sales of around \u20ac18 billion and around 99,300 employees.<\/p>\n","protected":false},"excerpt":{"rendered":"