Triangle Capital Corporation

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Triangle Capital Corporation — overview

Type

Private Equity Firm

Location

Raleigh, NC, US

Alternative Asset Class

PDPE

Established

2007

Firm Ownership

Independent Firm

Investment Team Staff

Total Staff

-

About

Triangle Capital Corporation (TCAP) was a publicly traded, internally managed business development company (“BDC”). The firm provided customized financing solutions for lower middle market companies located throughout the United States. TCAP typically invested capital to finance leveraged buyouts, management buyouts, recapitalizations, growth financings, ESOPs, and acquisition financings. As of July 31, 2018 and Aug 2, 2018, TCAP completed the sale of its assets to an affiliate of Benefit Street Partners L.L.C. and completed externalization transaction with Barings LLC, respectively.
Asset ClassNo. of Funds Currently ManagedFunds Raised in the last 10 yearsEst. Dry PowderStrategies
Private Equity-Buyout,Growth,Management Buyout,Recapitalisation
Private Debt-BDCs,Mezzanine,Junior / Subordinated Debt
Real Estate--
Infrastructure--
Natural Resources--
Asset ClassNo. of Funds Currently ManagedAuMDate of AuMStrategies
Hedge Funds--

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Triangle Capital Corporation - private capital funds managed (1)

Fund NameVintageStrategyStatusFund StructureClosed Size (MN)Target Size (MN)Primary Region Focus
MezzanineLiquidatedCommingledNorth America

Showing 1 of 1 private capital fund managed by Triangle Capital Corporation

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