TELEO Capital closes USD250m inaugural fund

TELEO Capital Management (TELEO), an operationally focused private equity firm, has closed TELEO Capital at its hard cap of USD250 million.

Investors in the Fund include a blue-chip roster of leading institutional limited partners, such as endowments, insurance companies, pension funds, fund of funds and family offices. 

"We are honoured to welcome such high-caliber institutional investors as long-term partners, and we are grateful for their overwhelming support and confidence amidst a highly competitive fundraising market," says TELEO Capital.

The Fund will invest in businesses based primarily in North America and Europe with a focus on special situations and corporate divestitures. In particular, the Fund will pursue investment opportunities where it can leverage its operational team to create value in the technology & software, healthcare IT, business services and industrial sectors.

The Fund's placement advisor was GCA Advisors, LLC and counsel was Goodwin Procter LLP.