Sat, Oct 1, 2022
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

TA Associates wraps up its fifth debt fund at over $1.1bn

Thursday, September 22, 2022

Laxman Pai, Opalesque Asia:

TA Associates, a global growth private equity firm, has closed its fifth debt fund at more than $1.1 billion, beating its $600 million target.

TA Debt Fund V is significantly larger than its predecessor fund, TA Subordinated Debt Fund IV, which closed at $542 million, said a media release from the early modern-era PE firm in the United States, which invests in technology, healthcare, financial services, consumer, and business services. TA has raised $48.6 billion in the capital since its founding in 1968.

"TA Debt Fund V is an exciting milestone in the continued evolution of our debt investing strategy," said Ajit Nedungadi, Chief Executive Officer at TA. "TA's proven industry expertise, deep understanding of market trends, and highly experienced Capital Markets Group are integral to our continued success with this strategy going forward. We are enormously grateful for our investors' continued confidence in the team and our ability to deliver value to our partners and portfolio companies."

The fund will invest in subordinated debt investments as well as senior secured debt, the company informed.

"TA Debt Fund V will continue the legacy of its predecessor funds, with the increased flexibility to invest in the most attractive credits of both new and existing TA portfolio companies. The Fund's broader mandate offers an expanded opportunity set to include senior secured debt, while also continuing to invest in more traditional TA subord......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: This European mezzanine debt strategy offers equity-like returns with downside protection[more]

    B. G., Opalesque Geneva for New Managers: Mezzanine financier SIG-i operates in a relatively uncrowded space by proactively manufacturing financing solutions as an alternative to traditional debt and equity instrume

  2. Opalesque Video: Systematic Japan strategy follows the 'Keep it Simple' rule[more]

    B. G., Opalesque Geneva: For those looking to invest in the current opportunities underlying managed futures in Japan, here is a strategy that does just that, with the benefits of leverage, shorts, Big Data, proprietary technology, and academic research on market psychology. K2Q Capital'

  3. Opalesque Exclusive: Castle Hall's DiligenceExchange free Transparency Reports cover 100 managers with $10tn of assets[more]

    Matthias Knab, Opalesque for New Managers: Managers and investors can get free access to DiligenceExchange here: Castle Hall, the Du

  4. Opalesque Exclusive: How blockchain is helping the small guy invest in hedge funds[more]

    B. G., Opalesque Geneva: ADDX, Asia's largest private market exchange, is on a mission to democratise the private capital markets through blockchain and smart contract technology. With these technologies, the exchange can eliminate manual interven

  5. Opalesque Exclusive: Japan quant strategy uses academia as starting point of investment research[more]

    B. G., Opalesque Geneva: Shin Samurai is a thorough systematic Japan macro strategy, which takes advantage of behavioural biases by using mathematical and statistical techniques. It also relies heavily on academic research for idea generation, and combines the said research with a deep understand