{"id":2436,"date":"2026-09-22T14:50:10","date_gmt":"2026-09-22T14:50:10","guid":{"rendered":"https:\/\/staging.tworivers.capital\/funds\/"},"modified":"2026-11-06T16:21:42","modified_gmt":"2026-11-06T16:21:42","slug":"funds","status":"publish","type":"page","link":"https:\/\/staging.tworivers.capital\/en\/funds\/","title":{"rendered":"Funds"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"2436\" class=\"elementor elementor-2436 elementor-2376\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1e5d4c3 e-con-full trc e-flex e-con e-parent\" data-id=\"1e5d4c3\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b845f69 elementor-widget elementor-widget-html\" data-id=\"b845f69\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<main id=\"content\"><article class=\"page is-active\" data-page=\"fondsen\">\n  <section class=\"subhero\">\n    <div class=\"wrap\">\n      <h1>Our\u00a0funds<\/h1>\n      <p class=\"lead\">Every <span class=\"begrip\" tabindex=\"0\">Clusterfund<span class=\"begrip__tip\" role=\"tooltip\">A fund of funds. You invest alongside other investors in one Clusterfund, which spreads across around 10 specialised buyout funds and so across more than 100\u00a0companies.<\/span><\/span> follows the same approach, with its own underlying\u00a0funds.<\/p>\n      <a class=\"hero__play\" href=\"\/en\/how-it-works\/\"><i><svg viewBox=\"0 0 24 24\" aria-hidden=\"true\"><path d=\"M8 5.5v13l10.5-6.5z\"\/><\/svg><\/i><span>New to private equity? See how it works in 3\u00a0minutes<\/span><\/a>\n    <\/div>\n  <\/section>\n  <section class=\"section\">\n    <div class=\"wrap\">\n      <div class=\"fundlead\">\n        <div class=\"fund fund--open fund--lead rv\">\n          <span class=\"pill pill--open\">Open for\u00a0commitments<\/span>\n          <h3 aria-level=\"2\">Clusterfonds\u00a0II<\/h3>\n          <p class=\"lead\">One commitment, spread across around 10 specialised European lower mid-market buyout\u00a0funds.<\/p>\n          <div class=\"termline\">\n            <div><span>Minimum\u00a0commitment<\/span><b>\u20ac500,000<\/b><\/div>\n            <div><span>Target net\u00a0return<sup>1<\/sup><\/span><b>15%+ per year,\u00a02.0x+<\/b><\/div>\n            <div><span>Team's own\u00a0investment<\/span><b>\u20ac10m<\/b><\/div>\n            <div><span>Target\u00a0size<\/span><b>\u20ac80m<\/b><\/div>\n          <\/div>\n          <p class=\"fund__cost\">The target net return is after all fees and costs, including those of the underlying funds.<sup>1<\/sup> Details are in the\u00a0brochure.<\/p>\n          <div class=\"btn-row\" style=\"margin-top:6px\"><a class=\"btn btn--primary\" href=\"\/en\/funds\/clusterfonds-ii\/#brochure\" data-scroll-contact>Get the\u00a0brochure<\/a><a class=\"btn btn--white\" href=\"\/en\/funds\/clusterfonds-ii\/\">View the open\u00a0fund<\/a><\/div>\n        <\/div>\n        <div class=\"fund--proof rv rv-d1\">\n          <span class=\"pill pill--closed\">Closed to new\u00a0investors<\/span>\n          <h3 aria-level=\"2\">Clusterfonds\u00a0I\u00a0<span class=\"fund__yr\">(2025)<\/span><\/h3>\n          <p>Our approach in\u00a0practice.<\/p>\n          <div class=\"proofline\">\n            <div><b>\u20ac80m<\/b><span>Committed<\/span><\/div>\n            <div><b>60%<\/b><span>Above\u00a0target<\/span><\/div>\n            <div><b>100+<\/b><span>Investors<\/span><\/div>\n            <div><b>\u20ac10m<\/b><span>Team's own\u00a0investment<\/span><\/div>\n          <\/div>\n          <div class=\"pfstrip pfstrip--card\"><span class=\"pfstrip__t\">Portfolio\u00a0includes<\/span><div class=\"pfstrip__l\"><span class=\"pfstrip__i pfstrip__i--365\"><img loading=\"lazy\" decoding=\"async\" width=\"304\" height=\"208\" src=\"\/wp-content\/plugins\/trc-website\/assets\/img\/trc-logo-365capital.png\" alt=\"365Capital\" loading=\"lazy\"><\/span><span class=\"pfstrip__i pfstrip__i--int\"><img loading=\"lazy\" decoding=\"async\" width=\"517\" height=\"180\" src=\"\/wp-content\/uploads\/2026\/09\/trc-logo-intersaction.webp\" alt=\"Intersaction\" loading=\"lazy\"><\/span><span class=\"pfstrip__i pfstrip__i--lex\"><img loading=\"lazy\" decoding=\"async\" width=\"520\" height=\"146\" src=\"\/wp-content\/plugins\/trc-website\/assets\/img\/trc-logo-lexar-partners.png\" alt=\"Lexar Partners\" loading=\"lazy\"><\/span><span class=\"pfstrip__i pfstrip__i--valu\"><img loading=\"lazy\" decoding=\"async\" width=\"630\" height=\"174\" src=\"\/wp-content\/plugins\/trc-website\/assets\/img\/trc-logo-valu.png\" alt=\"ValU\" loading=\"lazy\"><\/span><span class=\"pfstrip__i pfstrip__i--delta\"><img decoding=\"async\" src=\"\/wp-content\/plugins\/trc-website\/assets\/img\/trc-logo-delta-equity-partners.svg\" alt=\"DELTA Equity Partners\" loading=\"lazy\"><\/span><\/div><\/div>\n          <a class=\"btn btn--navy\" href=\"\/en\/funds\/clusterfonds-i\/\">View the closed\u00a0fund<\/a>\n        <\/div>\n      <\/div>\n      <div class=\"fcmp rv\">\n        <h2 class=\"fcmp__h\">Our funds side by\u00a0side<\/h2>\n        <div class=\"tbl-wrap\"><table class=\"tbl fcmp__t\">\n          <thead><tr><th><\/th><th>Clusterfonds\u00a0II<\/th><th>Clusterfonds\u00a0I\u00a0<span class=\"fund__yr\">(2025)<\/span><\/th><\/tr><\/thead>\n          <tbody>\n            <tr><td>Status<\/td><td><span class=\"pill pill--open\"><span>Open<span class=\"fcmp__x\"> for\u00a0commitments<\/span><\/span><\/span><\/td><td><span class=\"pill pill--closed\">Closed<\/span><\/td><\/tr>\n            <tr><td>Size<\/td><td>Target size\u00a0\u20ac80m<\/td><td>\u20ac80m committed (target\u00a0\u20ac50m)<\/td><\/tr>\n            <tr><td>Number of\u00a0funds<\/td><td>Around\u00a010<\/td><td>Around\u00a010<\/td><\/tr>\n            <tr><td>Companies<\/td><td>More than 100\u00a0(intended)<\/td><td>More than 100\u00a0(intended)<\/td><\/tr>\n            <tr><td>Region<\/td><td>Europe, with the Benelux at its\u00a0core<\/td><td>Europe, with the Benelux at its\u00a0core<\/td><\/tr>\n            <tr><td>Team's own\u00a0investment<\/td><td>\u20ac10m<\/td><td>\u20ac10m<\/td><\/tr>\n            <tr><td>Tax-efficient through a Dutch entity<sup>2<\/sup><a class=\"fcmp__lnk\" href=\"\/en\/strategy\/#rekenvoorbeeld\">How it\u00a0works<\/a><\/td><td><span class=\"fcmp__ja\">Yes<\/span><\/td><td><span class=\"fcmp__ja\">Yes<\/span><\/td><\/tr>\n            <tr><td>Minimum commitment<\/td><td>\u20ac500,000<\/td><td>Closed to new\u00a0investors<\/td><\/tr>\n          <\/tbody>\n        <\/table><\/div>\n      <\/div>\n    <\/div>\n  <\/section>\n  <section class=\"section cta-sec section--mist\" id=\"contact\">\n    <div class=\"wrap\">\n      <div class=\"rv cta-form\"><form class=\"form contact-anchor\" action=\"\/wp-admin\/admin-post.php\" method=\"post\" data-trc-form>\n  <div class=\"form__body\">\n    <h2 class=\"form__h\">Get the\u00a0brochure<\/h2>\n    <input type=\"hidden\" name=\"bron\" value=\"website\"><input type=\"hidden\" name=\"action\" value=\"trc_aanvraag\"><input type=\"hidden\" name=\"utm_source\" value=\"\"><input type=\"hidden\" name=\"utm_medium\" value=\"\"><input type=\"hidden\" name=\"utm_campaign\" value=\"\"><input type=\"hidden\" name=\"utm_content\" value=\"\"><input type=\"hidden\" name=\"ts\" value=\"\"><div class=\"trc-hp\" aria-hidden=\"true\" style=\"position:absolute;left:-10000px;top:auto;width:1px;height:1px;overflow:hidden\"><label>Leave this field empty <input type=\"text\" name=\"website_url\" tabindex=\"-1\" autocomplete=\"off\"><\/label><\/div><input type=\"hidden\" name=\"taal\" value=\"en\">\n    <input type=\"hidden\" name=\"wens\" value=\"brochure\">\n    <div class=\"f-row\">\n      <div class=\"f-field\"><label for=\"f-naam\">Name<\/label><input type=\"text\" id=\"f-naam\" name=\"naam\" required aria-describedby=\"f-err\" autocomplete=\"name\"><\/div>\n      <div class=\"f-field\"><label for=\"f-email\">Email\u00a0address<\/label><input type=\"email\" id=\"f-email\" name=\"email\" required aria-describedby=\"f-err\" autocomplete=\"email\"><\/div>\n    <\/div>\n    <div class=\"f-row\">\n      <div class=\"f-field\"><label for=\"f-tel\">Phone number\u00a0(optional)<\/label><input type=\"tel\" id=\"f-tel\" name=\"telefoon\" autocomplete=\"tel\"><\/div>\n      <div class=\"f-field\"><label for=\"f-bedrag\">Amount you are considering (optional)<\/label><select id=\"f-bedrag\" name=\"bedrag\"><option value=\"\">Please select<\/option><option>\u20ac500,000 to \u20ac1 million<\/option><option>\u20ac1 million to \u20ac2.5 million<\/option><option>\u20ac2.5 million or more<\/option><option>Not sure yet<\/option><\/select><\/div>\n    <\/div>\n    <label class=\"f-optin\"><input type=\"checkbox\" name=\"nieuwsbrief\" value=\"ja\"> <span>Keep me informed by email about Two Rivers and the\u00a0Clusterfunds.<\/span><\/label>\n    <button class=\"btn btn--primary\" type=\"submit\">Get the\u00a0brochure <svg viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"><path d=\"M5 12h14M13 6l6 6-6 6\"\/><\/svg><\/button><p class=\"trc-err\" id=\"f-err\" role=\"alert\" hidden style=\"margin:12px 0 0;font-size:.84rem;line-height:1.45;color:#b3261e\"><\/p>\n    <p class=\"f-privacy\">After your request, we will contact you personally. You can read how we handle your data in our <a href=\"\/en\/privacy-statement\/\" target=\"_blank\" rel=\"noopener\">privacy\u00a0statement<\/a>.<\/p>\n  <\/div>\n  <div class=\"form__done\">\n    <h3>Thank\u00a0you<\/h3>\n    <p data-done-text role=\"status\" style=\"color:var(--trc-ink-2);margin-bottom:20px\"><\/p>\n    <a class=\"btn btn--navy\" href=\"\/en\/funds\/clusterfonds-ii\/#brochure\" data-brochure=\"\">Download the brochure\u00a0(PDF)<\/a>\n    <div class=\"form__next\"><p>Would you like to discuss the brochure? Book a half-hour introductory\u00a0call.<\/p><a class=\"btn btn--outline\" href=\"\/en\/book-an-introductory-call\/\">Book an introductory\u00a0call<\/a><\/div>\n  <\/div>\n<\/form><\/div>\n    <\/div>\n  <\/section>\n  \n<\/article><\/main>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Our\u00a0funds Every ClusterfundA fund of funds. You invest alongside other investors in one Clusterfund, which spreads across around 10 specialised buyout funds and so across more than 100\u00a0companies. follows the same approach, with its own underlying\u00a0funds. New to private equity? See how it works in 3\u00a0minutes Open for\u00a0commitments Clusterfonds\u00a0II One commitment, spread across around 10 [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-2436","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Our funds: Clusterfonds I and II | Two Rivers Capital<\/title>\n<meta name=\"description\" content=\"The Two Rivers Capital funds: Clusterfonds II (open) and Clusterfonds I (\u20ac80 million committed). 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