• Truelink Capital, a Los Angeles–based private equity firm focused on growth and long-term value creation, closed Truelink Capital Fund II, L.P. with $2.0 billion in commitments.
• Fund II exceeded its $1.5 billion target, reached its hard cap, and was raised in a single closing in less than three months.
• The fund was significantly oversubscribed and attracted a diverse global investor base.
• Investors include pension plans, endowments, foundations, insurance companies, financial institutions, family offices, consultants, and other institutional investors.
• Limited partners come from North America, Europe, Asia, the Middle East, Australia, and South America.
• Fund II will continue Truelink’s strategy of investing in industrials and business services companies.
• The firm aims to drive commercial growth acceleration, operational transformation, and strategic M&A in portfolio companies.
• At $2.0 billion, Fund II is more than double the size of Fund I, which raised $950 million.
• Following the new raise, Truelink’s total assets under management reach $4.2 billion.
• Todd Golditch, Co-Founder and Managing Partner, highlighted the milestone and thanked investors for their support and confidence.
• Luke Myers, Co-Founder and Managing Partner, noted that macroeconomic volatility and changes in the M&A landscape create attractive opportunities for the firm’s strategy.
• The firm believes AI-driven disruption and economic uncertainty are creating investment opportunities for operationally focused investors.
• Fund II will target companies with strong fundamentals where value can be created through growth initiatives, operational improvements, and strategic acquisitions.
• In 2025, Truelink announced five new platform investments.
• The Fund I portfolio currently includes 11 platform investments across industrials and business services.
• Since launching in 2022, Truelink has built a team of more than 20 professionals across investment, operations, business development, investor relations, and finance functions.
