Talking Top Quartile with T.J. Maloney of Lincolnshire Management

Jun 29, 2015

By Steve Gelsi

The vintage 2004 Lincolnshire Equity Fund III notched an internal rate of return of 34.7 percent for the Teachers’ Retirement System of the City of New York as of Dec. 31, 2013, the date used in an annual analysis of public pension fund data by Buyouts. The IRR beat the top-quartile threshold of 22.2 percent and the median of 12.9 percent for that vintage.

Lincolnshire Management Chairman and CEO T.J. Maloney spoke to Buyouts for the following Q&A. Was fundraising for Fund III easier or harder than you expected? It was really difficult for us. We had some unrealized investments in Fund II and you’re raising a fund … Read More