Troob Capital Management LLC, a private investment firm specializing in providing capital services to underserved market segments, has closed its TCM Tactical Opportunities Fund II LP at $209 million.
The fund offers an unconstrained approach to providing access to debt or equity capital with liquidity demands of up to $20 million. The fund will build off its previous iteration that closed in 2019.
“There is a tremendous supply and demand imbalance that exists in the market for capital needs up to $20 million,” said Peter Troob, co-founder, Troob Capital Management. “While larger private equity and private credit deals tend to generate more attention, smaller enterprises are increasingly in need of capital from trusted and credible investment partners who operate with integrity and transparency. We are positioned to meet this demand and we are looking forward to deploying capital to a broad array of distinctive investment opportunities.”