TONKA CAPITAL PARTNERS, LLC
TONKA CAPITAL PARTNERS, LLC is a debt, equity and other fund in the US, global and oecd investing in special-situations, distressed and restructuring.
- Stages
- debt, equity, other
- Sectors
- special-situations, distressed, restructuring
- Invests in
- US-wide, global, oecd
- Actively investing
- Yes
- Founded
- 2018
- Assets under management
- $132.42M
Check size not disclosed
Thesis
Tonka Capital Partners, LLC, founded in 2018 and based in Minnetonka, Minnesota, is a private investment firm focused on special situations. Their strategy involves identifying and investing in companies undergoing bankruptcy, financial restructuring, or reorganization. They seek opportunities with physical assets or strong competitive positions in out-of-favor industries, investing across the capital structure including debt (secured and unsecured) and equity securities, as well as direct primary loans. The firm aims for patient, fundamental investing to achieve risk-adjusted returns throughout economic cycles. While some sources indicate a global scope, others specify North America, OECD, and the US as their geographic focus. They are open to lead or follow roles and various instrument types. As of December 31, 2025, AUM was approximately $71.6 million (discretionary) and $68.2 million (non-discretionary), with a total AUM of $132.42 million reported. An opportunities fund raised $298.6 million in September 2020. The typical check size is not explicitly stated.
Common questions
Does TONKA CAPITAL PARTNERS, LLC invest at the debt stage?
Yes. TONKA CAPITAL PARTNERS, LLC lists debt, equity and other among the stages it invests in.
Where does TONKA CAPITAL PARTNERS, LLC invest?
TONKA CAPITAL PARTNERS, LLC invests in the US, global and oecd.