Trimaran Capital Partners

Trimaran Capital Partners traces its origins to The Argosy Group, a boutique investment bank founded in 1990 by former Drexel Burnham Lambert bankers. The firm was acquired by CIBC Wood Gundy in 1995, where its founders led the CIBC Argosy Merchant Banking funds and the High Yield Group. During this period, the team achieved significant success, most notably a $2 billion windfall from an early investment in Global Crossing. Trimaran was formally established as a distinct entity in 2000 and eventually spun out to become fully independent of CIBC in 2006.

The firm focuses on middle-market investments, historically managing approximately $1.6 billion of equity across nearly sixty companies. In addition to its private equity activities, Trimaran operated a debt business, Trimaran Advisors, which managed approximately $1.5 billion in leveraged loans. Following difficulties raising a third fund in 2004, the firm saw structural changes, including the spin-off of Mistral Equity Partners by Andrew Heyer and a joint venture between the remaining partners and Nelson Peltz's Trian Partners to focus on distressed corporate credit.