HOUSE_OVERSIGHT_026060.jpg

2.15 MB

Extraction Summary

3
People
4
Organizations
8
Locations
2
Events
3
Relationships
4
Quotes

Document Information

Type: Corporate profile / investment memorandum attachment
File Size: 2.15 MB
Summary

This document is a corporate profile or investment summary for TIIC Group, a pan-European infrastructure firm established in 2008 and backed by Edmond de Rothschild and Brisa. It details the firm's history, office locations (Lisbon, Paris), and the performance of its First Fund (€140m). The document highlights the launch of a successor fund, TIIC 2, focusing on its first close on December 30, 2016, with €135m in commitments from investors including the European Investment Bank and Edmond de Rothschild. The document is stamped with a House Oversight Bates number, suggesting it was produced as part of a congressional investigation, likely regarding financial connections to the Rothschild group.

People (3)

Name Role Context
Jaime d’Almeida Founding Partner
One of the three founding partners of TIIC Group established in 2008.
Manuel Cary Founding Partner
One of the three founding partners of TIIC Group established in 2008.
Francisco Mendes Founding Partner
One of the three founding partners of TIIC Group established in 2008.

Organizations (4)

Name Type Context
TIIC Group
Pan-European infrastructure firm advising on mid-market infrastructure projects.
Edmond de Rothschild Group
Provides strategic support and significant commitments to TIIC funds.
Brisa
Provides strategic support and infrastructure expertise.
European Investment Bank
First close investor in TIIC 2 with significant commitments.

Timeline (2 events)

2008
Establishment of TIIC Group by founding partners.
Europe
2016-12-30
First close of TIIC 2 fund.
Europe
TIIC Group European Investment Bank Edmond de Rothschild

Locations (8)

Location Context
Office location for TIIC Group.
Office location for TIIC Group.
General region of operation.
Location of First Fund assets.
Location of First Fund assets.
Location of First Fund assets.
Location of First Fund assets.
Target investment area for TIIC 2 near the EU.

Relationships (3)

TIIC Group Financial Backing/Strategic Support Edmond de Rothschild Group
Text states TIIC is 'backed by Edmond de Rothschild' and receives 'strategic support'.
TIIC Group Strategic Support Brisa
Text states TIIC receives 'strategic support from... Brisa'.
Jaime d’Almeida Business Partner Manuel Cary
Listed together as the 3 founding partners.

Key Quotes (4)

"TIIC Group backed by Edmond de Rothschild, is a pan-European infrastructure firm advising on mid-market infrastructure projects across Europe"
Source
HOUSE_OVERSIGHT_026060.jpg
Quote #1
"The aim of TIIC Group is to bring an operational approach to infrastructure investments in Europe"
Source
HOUSE_OVERSIGHT_026060.jpg
Quote #2
"TIIC Group successfully raised a First Fund with €140m of commitments targeting transportation investments across Europe."
Source
HOUSE_OVERSIGHT_026060.jpg
Quote #3
"First close investors in TIIC 2 include the European Investment Bank and Edmond de Rothschild"
Source
HOUSE_OVERSIGHT_026060.jpg
Quote #4

Full Extracted Text

Complete text extracted from the document (3,152 characters)

Please feel free to reach out to us if you require any further information. We look forward to hearing from you soon.
TIIC
TIIC Group backed by Edmond de Rothschild, is a pan-European infrastructure firm advising on mid-market infrastructure projects across Europe in both the transportation and social sectors. It was established in 2008 by the 3 founding partners of TIIC Group, Jaime d’Almeida, Manuel Cary and Francisco Mendes, with strategic support from the Edmond de Rothschild Group and Brisa.
The aim of TIIC Group is to bring an operational approach to infrastructure investments in Europe, drawing upon the extensive management and financial skills of its team members. These skills have been developed over many years at some of Europe’s leading infrastructure operators and project financing firms which, when combined with the very specific infrastructure expertise of both the Edmond de Rothschild Group and Brisa, makes for a powerful and differentiated investment platform.
TIIC Group operates from two offices in Lisbon and Paris, providing its team with access to relevant investment opportunities across key target markets in Europe as well as to leading industrial contractors, operators, advisors and financiers in the infrastructure industry.
TIIC Group successfully raised a First Fund with €140m of commitments targeting transportation investments across Europe. The portfolio of the First Fund comprises 6 assets located in Portugal, Spain, France and Poland. They represent a carefully balanced mix of greenfield and early stage brownfield projects in roads and car parks. TIIC Group has played an active role in the sourcing and development of all investments and has made a significant contribution to value creation. TIIC Group believes that this is a high quality, operationally secure, cash yielding portfolio of assets which will be of strong interest to potential investors over the coming few years.
TIIC has launched a successor fund, TIIC 2, which will build upon TIIC Group’ differentiated approach to infrastructure in Europe. TIIC 2 will is targeting aggregate commitments from investors of €300m (€350m hard cap) to invest into both transportation and social infrastructure projects in Europe. TIIC 2 will also seek to invest, on a very selective basis, into greenfield social infrastructure projects in New Frontier Markets, within close proximity to the European Union. Given its powerful network of relationships across Europe and the operational skills of its team, TIIC Group will continue to target superior investment returns for TIIC 2’s portfolio of assets. These returns should be in line with the anticipated returns from the First Fund portfolio which is forecast to deliver a gross IRR of up to 14% and a multiple of approximately 2x on invested capital.
TIIC announced the first close of TIIC 2 on December 30th 2016, with aggregate commitments of €135m from a group of high quality and well-diversified limited partners. First close investors in TIIC 2 include the European Investment Bank and Edmond de Rothschild, both with significant commitments, as well as the
HOUSE_OVERSIGHT_026060

Discussion 0

Sign in to join the discussion

No comments yet

Be the first to share your thoughts on this epstein document