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Triton Smaller Mid-Cap Fund II Closes at €815 Million

03.16.21

Simpson Thacher represented Triton Partners in connection with the formation and raising of Triton Smaller Mid-Cap Fund II (“TSM II”), which reached its hard cap for limited partner commitments. Triton Partners began the fundraising in March 2020 with a target of €600 million. TSM II exceeded its target size and raised €815 million. The fund is more than 80% larger than its €448 million, 2017-vintage predecessor.

The Simpson Thacher team included Jason Glover, Vasanth Padaki, Michael Strachan, Yanru Tao and Annabelle Playford (Private Funds); Meredith Jones, Bill Smolinski and Gal Shemer (Tax); and Jeanne Annarumma (Executive Compensation and Employee Benefits).