FINAL CLOSE OF TRITON DEBT OPPORTUNITIES II

January 2021

FIRSTavenue would like to congratulate Triton on the final closing of Triton Debt Opportunities II (“TDO II”, or the “Fund”) at EUR 744 million.

TDO II raised limited partner commitments of EUR 744 million exceeding its target size of EUR 550 million. The Fund was backed by both existing and new investors with commitments from investors across 12 countries.

The Fund invests in non-control positions across the capital structure in mid-market companies, with its average investment size typically between €10-40 million. The TDO funds benefit from a unique advantage through their access to the wider Triton network, enabling them to tap into significant resources and knowledge, specialist sector insight, and support from the firm’s investment advisory network, operating partners, senior industry experts and banking relationships.

FIRSTavenue acted as Global Placement Agent.

Tavneet Bakshi, Head of EMEA & Partner at FIRSTavenue said: “The TDO strategy has delivered strong and consistent returns historically but is also well positioned for the current market environment. The successful backing received by the TDO team from institutional credit investors globally validates this thesis. The TDO II closing marks a further milestone in the growth of Triton’s debt business and It has been a privilege to partner with the TDO team and the Triton platform.”

About Triton
Since its establishment in 1997, Triton has sponsored ten funds, focusing on businesses in the industrial, business services, consumer and health sectors. The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Europe. The 44 companies currently in Triton's portfolio have combined sales of around €18 billion and around 99,300 employees.

For further information: www.triton-partners.com

About FIRSTavenue
FIRSTavenue is a leading global placement agent and advisory firm. We are focused on raising capital for private funds and companies and providing advice on private secondary transactions. FIRSTavenue operates across three asset classes: private credit, private equity and infrastructure. We are a team of over 40 professionals based in four offices across the globe.

For further information: www.firstavenue.com