Ternion was created to provide the strategic advice needed by founders to build new firms. WHY WE'RE HERE While there is significant advisory support for established alternatives firms (investments, primary fundraising, secondary advisory, GP stake sales, etc.) there is little to no advisory or capital support for firms in the first 12 months. Current and prospective founders often lament the ‘trial and error’ nature of that first year, with the unknown capital outlay and esoteric process deterring many experienced investment professionals from starting the journey. Ternion provides advice across the fund lifecycle, but specialises in new firm formation, including raising strategic, deal by deal or fund capital to solve specific problems. OUR EXPERIENCE The Ternion team has supported over 22 firm / fund formation and capital raise processes, representing over $22 billion of capital raised and sought. Approximately half of that experience was in new / emerging firm or fund formation, versus established manager raises. The Ternion team has advised on firm formation, capital raising, single deal financings, investor relations and operations matters. OUR ALIGNMENT The average firm can require from $250,000 to $1 million of founder investment, excluding the GP commitment. Our fees are structured and deferred to reduce the burden on founders. Ternion Alternatives is a trading name of Friedland Group Limited. Friedland Group Limited is an appointed representative of Messels Limited which is authorised and regulated by the Financial Conduct Authority.