Operations Fund II
Technology Infrastructure & OSS/BSS Systems
Operations support systems, business support systems, network monitoring, and platform technology.
Fund Size
$1.080B
Committed capital
Target Net IRR
10-14%
Over 15-year fund term
Strategy
Technology Infrastructure & OSS/BSS Systems
Ops Fund II capitalizes OSS/BSS platforms, network monitoring and fault management systems, GIS asset databases, MLA lifecycle management, and the technology infrastructure supporting operations across all investment fund vehicles.
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 IRR10-14%
AuditorPwC
Legal CounselLePore Law Group
Key PersonAlexandra Pohl
Institutional Capital