Investment Fund 18
Higher-risk development, distressed, and high-return situations.
Ground-up development, distressed acquisitions, and other high-return telecom infrastructure opportunities.
Fund Size
$2.108B
Committed capital
Target Net IRR
13-18%
Over 15-year fund term
Strategy
Higher-risk development, distressed, and high-return situations.
Fund 18 deploys capital into higher-risk telecom infrastructure situations, including ground-up development, distressed acquisitions, and complex carve-outs, where dislocation or execution complexity creates outsized return potential. The strategy targets the platform's highest-return opportunities, underwritten with commensurate risk controls.
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$2.108B
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 IRR13-18%
AuditorPwC
Legal CounselLePore Law Group
Key PersonAlexandra Pohl
Institutional Capital