Private equity giant Trilantic North America raises $2.75 billion

July 22, 2019 | News, Private Equity

The funds will seek opportunities in the business services, consumer and energy sectors

The Trilantic Capital Partners VI (North America) and its parallel fund named Fund VI North America announced they raised $2.75 billion for the latter. The fund closed at its  hard cap limit.

The positive response can be gauged from the fact that over 75% of the capital commitments came from existing investors. These comprise a host of entities such as pensions, insurance companies, corporates, family offices, endowments and HNIs. There were also new investors, located both in the US and overseas.

Fund VI North America also overtook in size its $2.25 billion predecessor fund.

Trilantic Capital Partners and entrepreneurialism

“We will continue into the next decade investing in entrepreneurial and family- and founder-owned businesses, supporting exceptional management teams that offer products and services with high potential for growth,” said Charlie Ayres, Chairman, Trilantic.

Fund VI North America has invested in Sunbelt Transformer, Planet Fitness franchisor Taymax and DJR Energy.

Earlier this month, Trilantic North America sold its majority stake in Home Franchise Concepts, a leading franchising system in the home improvement goods and services space, to JM Family Enterprises, Inc.

Of course, Trilantic Capital Partners will have a hard time keeping up with groups like Blackstone. The largest private equity manager in the world will likely raise $100 billion in 2019.

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Latest Alternative Investment News
Venture Capital: Making VC More Inclusive – Google To Invest $40M In Black-Led Startups

Jeremiah Gordon is General Counsel at CapitalG, Alphabet’s (NASDAQ: GOOGL) independent growth fund which has $3 billion under management. He also leads an Alphabet-wide team focused on investing in Black-led…
Digital Assets: Colonial Pipeline Caved; Paid $5M Ransom To Hackers
May 14, 2021     Digital Assets, News

Though initial reports said that Colonial Pipeline would not pay a ransom to the hackers that brought the nation’s largest fuel pipeline to a halt, Bloomberg reported Thursday that the…
Artificial Intelligence: A Molecule For Alzheimer’s Created By Exscientia’s AI Enters Clinical Trials

Oxford, UK-based Exscientia uses AI to design and create drug candidate molecules satisfying complex therapeutic requirements with revolutionary efficiency. Joint research by Exscientia with Sumitomo Dainippon Pharma Co., Ltd. (TYO:…
Venture Capital: Vinted, The Marketplace For Previously Owned Clothing, Raises $303M
May 13, 2021     News, Venture Capital

Vinted, a European startup that runs a marketplace for used clothing and home goods, announced its raise of $303 million at a valuation of $4.5 billion, post-money. That valuation is…