TDP garners $350m for third fund

Tyree & D’Angelo Partners has closed its third fund at a hard cap of $350 million. Metric Point was the placement agent while Kirkland & Ellis was fund counsel. TDP invests in lower middle-market companies.

PRESS RELEASE

STAMFORD, Conn.–(BUSINESS WIRE)–Metric Point Capital (“Metric Point”), a boutique private capital advisory firm, is pleased to announce the closing of Tyree & D’Angelo Partners Fund III LP (“Fund III”) at its hard cap with $350 million in capital commitments. Metric Point served as the exclusive placement agent and managed investor demand that was well in excess of Fund III’s hard cap. Kirkland & Ellis LLP served as fund counsel.

Alex Leykikh, Partner at Metric Point, said, “TDP’s strong track record and its thesis-driven buy & build investment strategy in the lower middle market resonated with limited partners in a very crowded market.”

TDP Co-CEOs Michael Tyree and Enzo D’Angelo said, “We are humbled by the strong interest we received from our long-standing relationships and new institutional investors. Metric Point’s disciplined and efficient process allowed our team to remain focused on investing and building collaborative partnerships with executives and business owners.”

About Tyree & D’Angelo Partners (“TDP”)
TDP is a private equity investment firm that focuses on control investments in lower middle market companies. TDP seeks to generate long-term capital appreciation and investment returns by executing its buy & build investment strategy through true partnerships with business owners and executives.

About Metric Point Capital (Member FINRA and SIPC)
Metric Point is a private capital advisory firm specializing in raising institutional capital for alternative investment managers.