Trimontium Launches with $1.5 billion in AUM, Redefining Flexible Capital Solutions

LONDON--(BUSINESS WIRE)--Jun 15, 2026--

Trimontium (the “Firm”), an institutionally backed alternative asset manager specialising in flexible capital solutions, today announced its launch with $1.5 billion in assets under management. The Firm’s investment approach is rooted in credit and special-situations expertise, with the flexibility to originate and execute tailored financing solutions across the full capital structure for a wide range of corporate needs.

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Founded by former Blackstone executive Vlado Spasov, Trimontium is one of the largest first-time alternative asset managers based in Europe focused on flexible capital solutions to launch, according to available market data. The Firm is backed by leading institutional partners in the United States, Canada, Asia, and Australia, who collectively manage over $15 trillion in assets. Trimontium has sourced all initial fundraising without the use of placement agents.

As a long-term, trusted capital partner, Trimontium works directly with management teams, sponsors, and shareholders to deliver solutions tailored to their financial and corporate objectives: whether that is to accelerate strategy execution, drive continued growth, strengthen the balance sheet, facilitate liquidity events, or pursue opportunistic investments. The Firm is purpose-built to address a structural financing gap estimated at more than $10 trillion, which continues to widen as companies increasingly require bespoke capital solutions that cannot be adequately provided by traditional lending, conventional financial products, or private equity.

The Firm takes a collaborative, partnership-oriented approach, providing customised capital where traditional financing falls short. Trimontium structures bespoke solutions across the full credit and equity spectrum that are driven by the company’s own objectives rather than the constraints of conventional financial products. The Firm delivers tailored solutions spanning corporate capital (across debt, hybrid, and equity), special situations, structured and asset-backed credit, and uncorrelated asset classes, including IP rights and royalties.

Trimontium focuses on high-quality businesses, combining its deep structuring expertise with certainty, agility, and transparency of execution to deliver optimal outcomes for both investors and the companies it partners with, while maintaining rigorous focus on downside protection. Unlike most newly launched platforms, Trimontium has extensive origination and structuring capabilities in-house to execute complex transactions across both European and North American markets.

Each investment is structured on its own idiosyncratic merits, resulting in tailored outcomes for each company and a portfolio largely uncorrelated with broader market movements, offering investors meaningful diversification and downside resilience.

Since its debut, Trimontium has executed and now manages multiple complex, bespoke, cross-border transactions across the US and Europe, demonstrating the breadth of the Firm’s platform across corporate capital solutions (blending debt, hybrid, and equity), structured and asset-backed credit, and alternative investments, including music rights. The Firm is headquartered in London, has a presence in Luxembourg and plans to expand to New York, with scope to expand into adjacent strategies across the credit spectrum.

Founder and Chief Investment Officer Vlado Spasov brings more than 20 years of global investment experience spanning multiple asset classes and is one of the earliest practitioners of flexible capital solutions in Europe. Prior to founding Trimontium, Mr Spasov held senior investment roles at Blackstone and Ares Management, focused on special situations and opportunistic credit strategies.

The founding team has worked together across prior platforms, with decades of combined expertise in capital solutions, special situations, and opportunistic credit from senior roles at Blackstone, Ares Management, Fortress Investment Group, Goldman Sachs, Morgan Stanley and Citigroup. The team has deep experience across public and private markets and a wide range of investment instruments and structures. Drawing on direct experience building scaled, differentiated alternative investment platforms at some of the world’s largest global asset managers, the team has a proven ability to deliver flexible solutions and embrace complexity across market cycles.

Vlado Spasov, Founder and CIO, commented: “I have long held the conviction that flexible capital is one of the most undersupplied areas of the market. The gap between traditional sources of funding is large, widening, and increasingly underserved. We purpose-built Trimontium to provide companies with high-quality, customised capital solutions where conventional financing falls short – spanning the full capital structure from senior debt and hybrid instruments to preferred equity.

Having delivered capital solutions for over two decades, well before the category attracted its current level of institutional attention, we have seen that these tailored solutions create meaningful, lasting partnerships with companies that enable their strategic objectives, and generate durable, through-the-cycle value for investors. Our investments are structured on their own idiosyncratic merits, resulting in returns that are largely uncorrelated to each other and to broader market movements.

We have assembled a team that has previously worked together, combining a depth and breadth of expertise with certainty and speed of execution – and have already executed multiple high-quality, bespoke transactions across asset classes and the capital structure, demonstrating that the demand for flexible capital solutions is as strong as we anticipated.”

ENDS

Notes to Editors:

About Trimontium

Trimontium is an institutionally backed alternative asset manager rooted in credit and special-situations expertise, specialising in flexible capital solutions spanning debt, hybrid, and equity. Founded by Vlado Spasov, the Firm serves as a long-term, trusted capital partner for high-quality companies and their management teams across Europe and North America, as well as institutional investors globally, providing bespoke solutions across corporate capital solutions, special situations, structured credit, and uncorrelated asset classes, including IP rights and royalties. Each investment is structured on its own idiosyncratic merits, resulting in a portfolio that is largely uncorrelated to broader market movements. Trimontium launched with $1.5 billion in AUM, backed by leading institutional partners with combined assets under management in excess of $15 trillion.

The Firm is headquartered in London, has a presence in Luxembourg and plans to expand to New York. Trimontium Capital Limited is an appointed representative of Capricorn Fund Managers Limited, which is authorised and regulated by the Financial Conduct Authority.

Vlado Spasov, Founder and Chief Investment Officer

Vlado Spasov founded Trimontium, whose name derives from the Latin for Plovdiv, the city of Mr Spasov’s birth in southern Bulgaria, meaning “Three Hills” or “City of the Three Hills”. Before founding Trimontium, Mr Spasov held senior investment roles at Blackstone’s Special Situations Investing Group (Blackstone Strategic Opportunities Fund) and Ares Management’s Special Opportunities platform, focused on special situations and opportunistic credit strategies. He previously held roles at Fortress Investment Group in corporate credit investing and Citigroup’s leveraged finance and institutional recovery management. Mr Spasov holds a BA from the American University in Bulgaria and an MBA from The Wharton School.

Trimontium Capital Limited | Appointed Representative of Capricorn Fund Managers Limited | FCA Authorised

Trimontium London, England HQ.

Trimontium Founder and CIO, Vlado Spasov

Like many other Haitians, Peguy Joseph is a longtime superfan of Brazil, the world’s greatest soccer power.

In a few days, though – for the first time in his life – he won’t root for the Brazilians. He has a World Cup ticket to see them play, in a wildly improbable matchup, against the team from his beautiful but beleaguered homeland of Haiti.

“It’s a double joy,” said Joseph, who lives in Florida and will travel to Philadelphia to attend the game on June 19, for his birthday. “I’ll be happy if Haiti win — but if Haiti lose, I won’t be sad, because it’s Brazil! It’s the fanaticism. When you love it, you love it.”

Across the U.S., many dually aligned Haitians are feeling a mix of emotions ahead of the upcoming game. It’s part of the first round of the 2026 World Cup, the first to be hosted by three nations, including Canada and Mexico. It’s also the first World Cup held in the U.S. since 1994.

Among those elated to have a ticket for the Haiti-Brazil game is Rafael Saldanha, a Brazilian who lives in New York City.

“I was happy actually, when I learned that Brazil’s going to play Haiti, because I know these are two very friendly nations to each other,” he said.

“Both are nations that have their own internal struggles. But at the same time, these are two countries whose populations manage to be extremely happy ... regardless, or in spite, of the challenges posed on them every day.”

Haiti — the Western Hemisphere's poorest nation — qualified for the World Cup for the first time since 1974 with inspiring tenacity, beating better-known rivals against the odds. Since armed gangs control most of the nation's capital where the team’s home stadium is located, Haiti had to play its “home” qualifiers in Caribbean island of Curaçao without the support of its local fanbase.

The national team -- the “Grenadiers” – entered the tournament in Group C along with Morocco, Scotland and their longtime soccer idol, five-time world champion Brazil. The Brazilians currently are ranked sixth in the world; Haiti is 84th.

“It’s almost like David and Goliath — we’re going up against a giant, a huge soccer giant,” said Rachelle Leger a Haitian-American community leader in Philadelphia.

Haitians are fervent soccer fans and deeply patriotic toward their nation — the world’s first Black-led republic and the second independent republic in the Americas after the U.S. But for decades, they’ve rooted for Brazil.

Peguy Joseph, like many of his contemporaries, grew up idolizing Brazilian soccer legends like Romario, Ronaldo Nazario and Neymar that were painted on the bright minibuses known as tap-taps in Port-au-Prince. He wore the iconic yellow jersey whenever Brazil was on TV. And he joined joyous crowds in the capital’s streets that celebrated Brazilian victories as their own.

Many identify with the shared past of both nations — including long stretches where slavery was prevalent —as well as the representation of Black players going back to Brazilian superstar Pelé.

“Brazil feels like a sister country, very similar with culture. We look in the field, and we see people who look like us, doing great things and wish that we could do that ourselves,” said Joel Jean-Baptiste, who was born in New York and moved to Haiti when he was young.

He returned to the U.S. three decades ago and continues to root for Brazil, often wearing the yellow jersey.

When he learned that Haiti would be playing Brazil in the World Cup, he canceled a family vacation to Europe and bought a ticket to the game.

“For us, and for all Haitian kids, Brazil was number one,” he said. “Playing them in the World Cup would be – IS -- the dream, a lifetime dream and has every Haitian national excited to see what’s going to happen this summer.”

Many Haitians first fell in love with Brazil’s “jogo bonito” or beautiful play, at the 1982 World Cup, where captain Sócrates led what many regard as the best team ever not to win soccer’s showcase tournament.

For other loyal fans, it was the heartbreak of watching Brazil's elimination against Argentina in 1990. And then the joy when they won titles in 1994 with the duo of Bebeto and Romario, and in 2002, when Ronaldo became the tournament’s top scorer while leading Brazil to its fifth World Cup.

Haitians' support for the Brazilians only grew in 2004 when Brazil led a U.N. peacekeeping force in Haiti. It organized a game to promote peace in the Caribbean country, which was still reeling from a violent rebellion that ousted former President Jean-Bertrand Aristide.

Thousands of Haitians ran beside an armored convoy that ferried Brazilian greats, including Ronaldo and Roberto Carlos, to a stadium in Port-au-Prince.

“It was impressive how there were people the whole way from the airport to here, everybody chanting, ‘Brazil! Brazil!’” Roberto Carlos told The Associated Press that day. Haiti lost 6-0. But Haitian fans still waved Brazilian flags, celebrating the game.

After a devastating 2010 earthquake, thousands of Haitians moved to Brazil, and more recently many have made it their home after escaping unrest and gang violence.

Meanwhile, Haitian communities in the U.S. have been unsettled by efforts from President Donald Trump's administration to end temporary protected status for tens of thousands of Haitians who relocated to the U.S. in recent years.

Yet as the World Cup kicks off, Haitians in their homeland and in the diaspora are putting aside concerns, for a moment, and uniting around their soccer team as it faces Brazil — the most successful powerhouse in the World Cup's history.

“We’re not looking at it like a rival; we’re looking at it as a moment in time," said Rachelle Leger.

“We’re just savoring it, we’re really proud of Haiti making it, we’re really proud to be there to support the team, even though (Haitians) support both teams.”

Brazil, of course, is an overwhelming favorite to beat Haiti, which is pegged as roughly a 30/1 underdog. But one of soccer’s charms is that seemingly impossible outcomes can happen, says Kirk Bowman, a professor at Georgia Tech whose courses include Soccer & Global Politics and has authored a book about the sport’s globalization.

He cited the FA Cup victory of sixth-tier English club Macclesfield over the Premier League’s Crystal Palace earlier this year. And the famous upset in the 1950 World Cup, held in Brazil, when a hastily assembled U.S. team of part-time players — including factory workers, a mailman and a hearse driver — defeated a top-line England team 1-0.

As Bowman noted, that goal was scored on a header by Joe Gaetjens, a Haitian working as a dishwasher and low-paid soccer player in New York. He was carried off the field by the Brazilian spectators, who saw England as the biggest threat to their national team.

Gaetjens never received U.S. citizenship and eventually returned to Haiti. He was killed there in 1964, a victim of the regime of former Haitian dictator Francois Duvalier.

Nonetheless, he earned a place in soccer lore.

“Haiti can believe in another Haitian ’miracle on grass,’” Bowman said via email. “A Haitian already had one.”

Soccer fan Peguy Joseph holds up a Brazil soccer jersey as he wears one from Haiti while posing for a photo Friday, May 22, 2026, in Ellenton, Fla. (AP Photo/Chris O'Meara)

Soccer fan Peguy Joseph holds up a Brazil soccer jersey as he wears one from Haiti while posing for a photo Friday, May 22, 2026, in Ellenton, Fla. (AP Photo/Chris O'Meara)