Triangle Capital Group Closes $175 Million InauguralReal Estate Fund at Hard Cap

New York, NY — July 7, 2025 — Triangle Capital Group (“Triangle”), through its investment adviser Triangle Investment Management LP, announced the final close of its inaugural fund, Triangle Strategic Opportunities Fund I, on June 16, 2025. The fund was oversubscribed and reached its hard cap, with commitments from a diverse group of institutional investors including pension plans, hospital systems, foundations, and family offices.

The fund is targeting opportunistic real estate and real estate-related credit investments

across the United States, with a focus on complex, special situations including those

which emanate from CMBS. Triangle leverages its deep experience in structured credit and asset repositioning to unlock value where traditional capital has pulled back.

Led by principals Michael Pinewski, Morris Doueck and David Azar, Triangle has been an

active participant in complex real estate credit investing over the last 15+ years. It saw the current dislocation in the credit markets as a unique opportunity for an inaugural fund raise.

Triangle Strategic Opportunities Fund I aims to capitalize on market dynamics through a

disciplined, value-oriented approach that prioritizes downside protection and seeks to

generate strong risk-adjusted returns.