Tritium Partners has held a final closing for its third fund, Tritium III, with $684 million of committed capital.
The fund exceeded its target and represented nearly a 50 percent increase over Tritium’s 2019 second fund.
Tritium III received broad support from existing investors, many of which increased their commitment levels in this fund, as well as from several new institutional investors. The fund’s investors include leading retirement systems, private pension plans, university endowments, foundations, diversified financial institutions and insurance companies. Tritium manages nearly $1.5 billion of capital commitments across its funds.
The firm has completed 24 platform investments across Tritium I and II. Tritium also has completed its first three investments in Tritium III.
“Since closing our last fund, we have delivered substantial liquidity to our investors, grown our team and added several companies with exceptional potential to our portf
