TRAVELLER CAPITAL ADVISORS, LLC
TRAVELLER CAPITAL ADVISORS, LLC is a Series C+, buyout, secondary, debt, other, growth-equity and venture-capital fund in the US writing $25K–$5M checks into Developer Tools, Fintech, buyout, growth-equity, venture-capital, private-credit, natural-resources, fund-of-funds, secondary, co-investment, commercial-services and entertainment-software.
- Stages
- Series C+, buyout, secondary, debt, other, growth-equity, venture-capital
- Sectors
- Developer Tools, Fintech, buyout, growth-equity, venture-capital, private-credit, natural-resources, fund-of-funds, secondary, co-investment, commercial-services, entertainment-software
- Check size
- $25K–$5M
- Invests in
- US-wide
- Actively investing
- Yes
- Founded
- 2013
- Assets under management
- $44M
Thesis
Traveller Capital Advisors, LLC is a Dallas, Texas-based investment firm founded in 2013, specializing in the secondary private equity market. They focus on acquiring limited partnership (LP) interests in private equity funds, particularly those with smaller balances below $2 million, which are often overlooked by larger platforms. Their strategy involves providing liquidity to existing investors by acquiring LP interests across a wide range of strategies including buyout, growth equity, venture capital, private credit, infrastructure, natural resources, fund-of-funds, secondary vehicles, and co-investments. They also acquire direct, minority equity positions from shareholders in private businesses. Traveller Capital Partners IV, LP, closed in March 2023 with $44 million in capital commitments. The firm's investment sweet spot is a $5 million check size, with an average investment range between $25,000 and $1,000,000. They occasionally lead rounds. Traveller Capital aims to build diversified portfolios across fund managers, vintages, sectors, strategies, and geographies within the U.S. They are not open to public solicitation for investment offers.
Common questions
Does TRAVELLER CAPITAL ADVISORS, LLC invest at the Series C+ stage?
Yes. TRAVELLER CAPITAL ADVISORS, LLC lists Series C+, buyout, secondary, debt, other, growth-equity and venture-capital among the stages it invests in.
What check size does TRAVELLER CAPITAL ADVISORS, LLC write?
TRAVELLER CAPITAL ADVISORS, LLC writes $25K–$5M checks.
Where does TRAVELLER CAPITAL ADVISORS, LLC invest?
TRAVELLER CAPITAL ADVISORS, LLC invests in the US.