High Tier Capital Partners Raises $925M to Make investments in its Tempo Technique

High Tier Capital Partners (TTCP) this day announced it has closed on $925M in peaceable capital commitments for High Tier Project Tempo Fund 4 (VVF4), as smartly as a series of separate accounts, one of which specializes in unhurried-stage native weather tech co-investments. As a smartly-established finishing up investment company, TTCP invests essentially in category-leading finishing up funds and high-enhance, growth-stage instrument and expertise startups across the globe. With these peaceable closings, the company’s total regulatory property below management will increase to more than $8.1 billion.

Led by Managing Directors Garth Timoll, Sr., and Sean Engel, the peaceable capital commitments will most certainly be invested as fragment of the company’s Project Tempo Technique. The total amount involves $503.5M for VVF4, which became as soon as raised with the aim of constant TTCP’s prior achievements of investing at this time into companies as both a co-investor or secondary purchaser as smartly as procuring finishing up capital fund pursuits in the secondary marketplace. The closing $421M to be invested from connected separate accounts will most certainly be former essentially for investing alongside the Tempo program. Tempo’s systems embody investing in vehicles equivalent to finishing up capital fund secondaries, total partner restructurings, continuation funds, portfolio strip purchases, thunder co-investment, secondary task, and delicate offerings.

The closes notice a highly stuffed with life 2021, the build TTCP noticed 89 IPOs across the company’s total investment portfolio. As one of many longer-historied asset managers in the strategy, TTCP has longstanding relationships with about a of essentially the most sought-after finishing up fund managers in the sphere. Led by a dedicated personnel of consumers, the Tempo technique became as soon as at the foundation developed to focal level on the investment profile of fund-of-funds, along with on investments of a shorter duration than a more frequent fund-of-funds technique. The Tempo technique has superior over the closing decade into its have dedicated position of investment funds and, as an illustration, has invested in enhance companies equivalent to Anaplan, Draftkings, and Smartsheet, and executed affords devour the continuation fund TTCP led on behalf of B Capital Neighborhood, earlier this 300 and sixty five days.

“We’re humbled by the assorted to continue to make investments in the Tempo technique, and pleased with the franchise we’ve built,” talked about Garth Timoll, Sr., Managing Director at High Tier Capital Partners. “No matter the cruel ambiance, we are hooked in to having closed a peaceable fund and we imagine that our Project Tempo technique is mute a amazing method for High Tier to make investments for the lengthy and momentary.”

“In the present ambiance, we imagine it’s each financially strategic and morally crucial to work on rising our investing in native weather-centered initiatives,” talked about Sean Engel, Managing Director at High Tier Capital Partners. “Our history with our Project Tempo investment technique across prior funds enables us to manufacture this, and we’re entirely chuffed to be in a method the build we are in a position to lend a hand at this time give a snatch to companies tackling one of many splendid complications of our time.”

As well to the closings, TTCP shall be asserting some internal promotions and the first rate opening of its peaceable Boston approach to work, positioned at 101 Arch St., 18th Ground, Boston, MA 02110, with Managing Director Eric Fitzgerald leading. Chief Monetary Officer Promit Bhattacharya, who previously led finance and operations at multi-billion dollar funds along with SVB Capital, WestBridge Capital, and Hall Capital Partners, has been tapped for the additional characteristic of COO. Beforehand Managing Director with Capstone Partners, Brian DeFee became as soon as employed as Director of Company Building EMEA, to lead industry pattern in Europe; he’s now the company’s Head of Capital Partnerships and Alternatives.

To learn more about High Tier Capital Partners, please discuss to www.ttcp.com.

About High Tier Capital Partners

High Tier Capital Partners is a world leader in innovation investing. For over twenty years, TTCP and its predecessor company Paul Capital possess made knowledge-pushed world investments backing high consumers and innovators. Leveraging deep ride and an intensive world community, TTCP makes predominant and secondary investments in finishing up capital funds, and thunder secondary and co-investments in shield shut portfolio companies. The company’s portfolios of more than 550 fund pursuits involves prominent Silicon Valley companies along with Andreessen Horowitz, Mayfield Ventures, Steady Ventures, and Confederate, and thunder and indirect exposure to more than 14,000 portfolio companies spanning biotechnology, SaaS instrument, and frontier technologies devour web3. With more than $8.1 billion regulatory property below management, TTCP became as soon as built to method rising traits early, invent longstanding partnerships, and bring optimal returns. Secure us in San Francisco, Boston and London and at www.ttcp.com. Direct us @TTCP_SF and on LinkedIn.

Disclaimer: The portfolio companies and funds identified above could well presumably also no longer signify all investments that TTCP bought, equipped or suggested to the funds. Now no longer all IPOs are winning; the positions will even be got at a tag that’s bigger or lower than the price at which TTCP got an curiosity in for fund accounts. For a listing of all investments, please discuss to TTCP’s website.

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