Press Release March 2021
Truffle signs Cornerstone Investors and passes EUR 100m of Assets
Commitments to several leading Private Markets Funds
Total assets exceed EUR 100m
Private markets specialist Truffle Invest (“Truffle”) has signed agreements with European family offices to become cornerstone investors of Truffle. The family offices, representing successful entrepreneurs, were seeking a private markets solution that offered greater flexibility and customisation than is typically available in the market for private investors.
As of December 31, 2020 Truffle’s total capital has also passed the EUR 100m mark, which includes a number of recent commitments to leading private markets funds. Recently closed investments include:
Nordic Capital Fund X
Coller International Partners VIII
Truffle is continuously sourcing and reviewing investment opportunities. The 2021 pipeline is exciting and includes a range of international private equity funds (small/mid/large buyout & growth across Europe, North America & Asia). Truffle is also working on a private debt solution which provides clients instant exposure to a diversified portfolio of attractive yield-generating senior loans. Lastly, Truffle is actively exploring impact investing strategies across the private market spectrum.
Jeroen Afink, Managing Director of Truffle Invest, commented; “We are excited to actively commit capital to world-class strategies and build high quality private markets portfolios on behalf of our clients. We welcome our cornerstone investors and look forward to delivering the unique private markets exposure they are looking for.”
Truffle is a B2B focused private markets solutions provider, operating a digital “one-stop” private market platform. Truffle serves private banks, wealth managers and family offices, and sources investment opportunities based on their end-client preferences. Truffle builds bespoke private markets portfolios for its clients though its own feeder funds, which are also made available to its wider network on an individual basis. Truffle is on the buy-side and undertakes manager sourcing, selection, due diligence and portfolio management, combined with a suite of structuring solutions, for its clients.
Independent – Truffle is an independent private markets firm, allowing wealth managers and family offices to enhance and control their end-client relationships;
Access – Truffle provides clients with access to wide range of curated, high quality private markets funds covering private equity, private debt, venture capital and real assets;
Modular – Truffle offers a wide range of value-add services on a modular basis, complementing existing private markets activities and exposure.