Investment Fund 19
Complex, dislocated, and event-driven investments.
Complex, dislocated, and event-driven telecom infrastructure investments requiring bespoke structuring.
Fund Size
$1.054B
Committed capital
Target Net IRR
13-18%
Over 15-year fund term
Strategy
Complex, dislocated, and event-driven investments.
Fund 19 deploys capital into complex, dislocated, and event-driven telecom infrastructure situations, including carrier bankruptcies, regulatory-driven divestitures, and structured recapitalizations. The strategy requires bespoke deal structuring and rapid execution to capture value in situations that fall outside the platform's core underwriting mandates.
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$1.054B
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