Troob Capital Management Announces $209 Million Closing of Its Second Tactical Opportunities Fund
TCM Tactical Opportunities Fund II will deploy flexible capital solutions for companies in underserved markets that solve liquidity needs up to $20 million
WHITE PLAINS, NY, May 12, 2022 /PRNewswire/ — Troob Capital Management LLC (“TCM” or the “Company”), a leading private investment firm specializing in providing capital solutions to entities in underserved market segments, announced today today the closing of its TCM Tactical Opportunities (“TCM Tac Opps”) Fund II LP at $209 million.
TCM Tac Opps Fund II is one of the few private equity funds that offers an unconstrained approach to providing access to debt or equity capital to companies with liquidity needs of up to $20 million. Fund II builds on its first fund which closed in 2019 and has since researched and executed a wide range of differentiated opportunities based on an investment mandate designed to listen to business needs and provide flexible, tailored solutions to help them achieve their business goals.
TCM’s core investment team have worked together for almost 20 years and have extensive experience in alternative investments, investment banking, distressed investing and commercial operations. The team’s deep and extensive industry and geographic expertise continues to provide TCM with a solid foundation and platform to find and capitalize on a steady stream of investment opportunities coming directly from the business.
“There is a huge imbalance between supply and demand in the market for capital needs up to $20 million,” mentioned Stone Troob, co-founder, Troob Capital Management. “While larger private equity and private credit deals tend to attract more attention, smaller businesses increasingly need capital from reliable and credible investment partners who operate with integrity and transparency. We are well positioned to meet this demand and look forward to deploying capital to a wide range of distinct investment opportunities.”
Douglas Troobco-founder of Troob Capital Management, added: “Institutional investors, family offices and high net worth individuals continue to express a strong appetite for access to established and proven private investment platforms that offer investment talent. exceptional investments, disciplined investment approaches and tailored risks. /return solutions. We appreciate the support we have received from our investors and are grateful for their continued commitment to TCM. »
TCM Tac Opps Fund II will focus on deploying capital across existing and new platforms with trusted partners that enable replicable and scalable investments. These include shorter duration specialized and structured finance and cash flow assets such as working capital and secured finance facilities, as well as private equity finance ranging from private debt and equity and real estate development to claims and commercial disputes.
About Troob Capital Management LLC
Troob Capital Management LLC and its affiliates (“TCM”) is an RIA founded by Douglas and Peter Troob in 2002. The company manages investment funds pursuing a tactical strategy of opportunities. TCM has developed expertise in structuring investments across the entire capital structure within multiple asset classes. The founders of TCM have over 50 years of combined investment management and financial industry experience and have built an institutional-grade organizational infrastructure with a core team that has worked together for nearly 20 years. For more information, please visit www.troobcapital.com or contact Kathy O’Donnell to [email protected].
SOURCE Troob Capital Management LLC