Value Investment Approach and Top Quartile Performance Drives Fundraising Success, More Than Doubling Previous Fund Size
BEVERLY HILLS, Calf.–(BUSINESS WIRE)–Tryperion Holdings, a commercial real estate investment firm focused on equity and credit opportunities within the U.S. middle market, today announced the final closing of Tryperion RE Fund IV (TREF IV) with $163 million in total capital commitments.
TREF IV significantly exceeds the $67 million deployed in Tryperion’s prior fund. To date, 72 percent of TREF IV has already been committed to commercial real estate equity and credit investments in office, retail, medical office, student housing, multifamily, and industrial assets.
Tryperion’s earliest funds, TREF I (2013 vintage) and TREF II (2015 vintage)—both fully realized—were ranked in the top quartiles of fund performance as measured by the Cambridge Associates Index, along with TREF III (2018 vintage), although it is not yet fully realized.
“Tryperion is unafraid to invest in less-loved opportunities, where institutional capital may shy away,” said Jeffrey Karsh, Founder and Managing Partner of Tryperion. “Our value-investor approach has served our fund investors well across market cycles. The Tryperion team brings a sophisticated institutional approach to the fragmented world of sub-institutional investing.”
Investors in TREF IV include a top 20 university endowment located in the Southeast, the family offices of notable investment industry veterans Howard Marks, Tony Ressler and Ken Moelis, as well as Andrew & Peggy Cherng, founders of Panda Express.
About Tryperion Holdings
Founded in 2013, Tryperion specializes in value-driven real estate strategies across the capital stack and property type. To date, the firm has invested in and managed more than $2 billion of assets across the U.S. For more information, please visit www.tryperion.com.
Disclaimer: this presentation contains general information that is not suitable for everyone and was prepared for informational purposes only. Nothing contained herein should not be construed as a solicitation to buy or sell any security or as an offer to provide investment advice. Tryperion Holdings LLC is a registered investment adviser. For additional information about Tryperion Holdings LLC, including its services and fees, send for the firm’s disclosure brochure using the contact information contained herein or visit adviserinfo.sec.gov.
This communication contains certain forward-looking statements that indicate future possibilities. Due to known and unknown risks, other uncertainties and factors, actual results may differ materially. As such, there is no guarantee that any views and opinions expressed herein will come to pass. Investing involves risk of loss including loss of principal. Past investment performance is not a guarantee or predictor of future investment performance.
Results mentioned herein were achieved prior to Tryperion Holdings LLC becoming a registered investment adviser, however, the principals at Tryperion Holdings LLC were actively involved in the management of these funds previously.
Contacts
Mike Geller
Profile Advisors
mgeller@profileadvisors.com
