Trimaran Capital Partners

Founded in 2000 by Jay Bloom, Andrew Heyer, and Dean Kehler, Trimaran Capital Partners evolved from The Argosy Group, a boutique investment bank established in 1990. The firm was formerly affiliated with CIBC World Markets, where its founders managed the CIBC Argosy Merchant Banking funds. The team became well-known for early high-stakes investments in telecom and internet businesses, most notably realizing a massive windfall from backing Global Crossing in 1997.

The firm focuses on middle-market investments, including leveraged buyouts and growth capital. Since 1995, Trimaran and its predecessor entities have invested approximately $1.6 billion in equity across nearly sixty companies. In addition to its private equity activities, the firm operated Trimaran Advisors, a debt business that managed leveraged loans through collateralized loan obligation vehicles.

In 2006, Trimaran spun out from CIBC World Markets to become an independent entity. Following a failure to raise a third $1.25 billion fund in 2004, the firm saw structural changes; co-founder Andrew Heyer departed in 2007 to form Mistral Equity Partners. Bloom and Kehler later entered into a credit-focused joint venture with Nelson Peltz's Trian Partners in 2008 while continuing to manage Trimaran's existing funds.