Investment Fund III
Fiber Optic Network Infrastructure
Long-haul, metro, and fiber-to-the-premise routes with anchor carrier IRUs.
Fund Size
$1.140B
Committed capital
Target Net IRR
12-16%
Over 15-year fund term
Strategy
Fiber Optic Network Infrastructure
Fund III builds and acquires long-haul dark-fiber routes, metro rings, and FTTP networks anchored by hyperscaler and carrier IRU commitments, with dedicated wholesale-lit capacity for enterprise and government transport.
The fund is structured as a Delaware Limited Partnership with a discrete general partner entity, independent LPA, and audited financials prepared by PwC. Telvo Capital Management, LLC serves as investment manager.
Terms
Institutional fund terms.
StructureDelaware Limited Partnership
Investment ManagerTelvo Capital Management, LLC
Fund Size$1.140B
Term15 years plus two 1-year GP extensions
Investment Period5 years from initial close
Preferred Return8% per annum
Carried Interest20% with 100% GP catch-up
WaterfallEuropean whole-fund
LP Minimum$10 million
Target Net IRR12-16%
AuditorPwC
Legal CounselLePore Law Group
Key PersonAlexandra Pohl
Institutional Capital