Troob Capital Management has closed its TCM Tactical Opportunities Fund II LP at $209 million.
TCM Tac Opps Fund II is one of a select number of private investment funds that offers an unconstrained approach for providing access to debt or equity capital to companies with liquidity needs up to $20 million. Fund II builds on the series’ first fund, which closed in 2019 and has since sourced and executed on a broad array of differentiated opportunities based on an investment mandate designed to listen to companies’ needs and provide flexible and tailored solutions to help them achieve their business objectives.
“There is a tremendous supply and demand imbalance that exists in the market for capital needs up to $20 million,” said Peter Troob, co-founder, Troob Capital Management. “While larger private equity and private credit deals tend to generate more attention, smaller enterprises are increasingly in need of capital from trusted and credible investment part