Investment Fund VIII
Subsea Cable & Landing Station Infrastructure
Subsea cable landing stations and terrestrial backhaul across trans-Atlantic and trans-Pacific systems.
Fund Size
$1.080B
Committed capital
Target Net IRR
12-16%
Over 15-year fund term
Strategy
Subsea Cable & Landing Station Infrastructure
Fund VIII acquires and develops subsea cable landing stations on U.S. coastlines with terrestrial backhaul to major carrier hotels, generating landing party fees, colocation revenue, and IRU proceeds from consortium cable systems.
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$1.080B
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