December 4, 2024

Triton Debt Opportunities Fund III surpasses target, raising over €1 billion

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London (UK), 04 December 2024

TDO III invests opportunistically in the credit of mid-market European companies, primarily in Triton’s core sectors of Business Services, Industrial Tech, and Healthcare. It focuses on pull-to-par investments in senior secured non-control debt of fundamentally sound companies facing temporary headwinds, via the secondary market. It also provides primary and asset-backed lending on an opportunistic basis.

TDO’s 13-strong team benefits from the resources, sector knowledge, and network of Triton’s wider platform. This includes the wide-ranging expertise from Triton’s private equity investment team, as well as the ca. 65 operational experts and functional specialists from West Park - Triton’s dedicated returns generation unit.

TDO III secured capital commitments from a diverse base of existing and new investors from around the world, including pension funds, sovereign wealth funds, foundations, family offices and insurance companies.

TDO III has already invested c.€500 million across more than 20 investments with realised value of more than €150 million.

Amyn Pesnani, Managing Partner, Head of Triton Debt Opportunities: