TS2 Capital Advisors

What TS2 Capital Advisors does

TS2 Capital Advisors is a privately held boutique consulting and advisory firm headquartered in New York City, founded in 2018 by Todd Shenkin after a nearly 25-year legal career spanning Jones Day, Shereff Friedman (merged with Dechert), and MetLife Investment Management. The firm provides strategic and operational advisory services to the alternative investment industry, with specific focus on fund launches, product development, deal structuring, investor negotiations, capital raising, financings, exits, fund restructurings, liquidity solutions, and outsourced COO engagements. Core service offerings include Fund Launch Advisory, Product Development Advisory, Deal Structuring, Capital Raising Advisory, Fund Restructuring, Liquidity Solutions, and Outsourced COO Services—all delivered as bespoke professional-services engagements rather than as a technology product platform.

The firm serves three primary customer segments: established and emerging alternative investment fund managers, independent sponsors, and placement agents. It targets complex situations across asset classes including private equity, private credit, venture capital, residential credit, structured finance, hedge funds, funds of funds, bespoke financings, and secondary trading of illiquid assets, with notable credentials on landmark matters such as the first rated private open-end leveraged loan fund and a large secondary sale of over 120 private equity LP interests. There is no proprietary technology platform, no AI/ML capability, no integrations, no external funding, no disclosed partnerships, and no subsidiary structure.

Revenue is generated exclusively through negotiated advisory fees on a per-engagement basis, with all pricing non-public. Distribution is entirely direct—the firm does not utilize channel partners, marketing campaigns, or indirect sales motions, and acquisition is driven by founder-led business development and referral relationships. The operating footprint is single-country (United States), with the headquarters at 1330 Avenue of the Americas, 23rd Floor, serving New York-area and U.S.-domiciled clients.

Name

TS2 Capital Advisors

Legal name

TS2 Capital Advisors, LLC

Website

https://ts2capital.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

TS2 Capital Advisors is a New York-based boutique advisory firm providing strategic and operational advisory services—including fund launch, deal structuring, capital raising, fund restructuring, and outsourced COO services—to established and emerging alternative investment fund managers, independent sponsors, and placement agents.

Ownership category

akta.pro rank

Product category

Alternative Investment Advisory

NAICS

Miscellaneous Intermediation (523910)

SIC

Finance Services (6199), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Corporate Finance & Capital Advisory (BPAHADAB)

akta.pro secondary industries

Secondaries Fundraising & Liquidity Intermediation (LP Stakes/GP-led) (FSAEALAG), Institutional Capital Introduction (LP/Family Office/Endowment Matching) (FSAEALAI), Tender Offers & Liquidity Solutions (LP & GP-led) (FSANAFAE)

Keywords

• Alternative investment advisory
• Fund formation advisory
• Capital raising advisory
• Private equity consulting
• Fund restructuring services

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. Strategic Advisory Services: The firm generates revenue through advisory fees for fund launches, product development, deal structuring, investor negotiations, capital raising, financings, exits, and fund restructurings. As a boutique advisory firm, revenue is derived from professional service engagements with alternative investment clients.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

TS2 Capital Advisors is a boutique consulting and advisory firm providing strategic and operational advisory services to the alternative investment industry. The firm advises alternative investment fund managers, independent sponsors, and placement agents on fund launches, product development, deal structuring, investor negotiations, capital raising, financings, exits, fund restructurings, and complex special situations. Services also include acting as an outsourced chief operating officer for clients.

Product overview

TS2 Capital Advisors is a boutique consulting and advisory firm providing strategic and operational advisory services to the alternative investment industry. The firm offers a unified suite of advisory services rather than a technology product platform. Core offerings include Fund Launch Advisory, Product Development Advisory, Deal Structuring, Capital Raising Advisory, Fund Restructuring, Liquidity Solutions, and Outsourced COO Services. These services are delivered to alternative investment fund managers, independent sponsors, and placement agents, addressing critical business, legal, tax, accounting, regulatory, and procurement issues across fund launches, investments, and expansions. The firm demonstrates its capabilities through case studies involving innovative private fund formation, investment platform creation, secondary market liquidity solutions, and complex special situations resolution.

Differentiator

Problem solved

Functional benefit

Products and services

• Fund Launch Advisory

Quantifiable outcome

• 500+ transactions closed across different asset classes
• +4 more outcomes

Segments3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves3 records

Expansion highlights3 records

Broad incumbents

• PJT Partners: PJT Partners is a global alternatives-focused advisory firm that, through its Park Hill subsidiary, combines M&A and capital-raising advisory with placement agent services for alternative investment managers — closely overlapping with TS2's positioning across fund formation, capital raising, and secondaries advisory, but at vastly larger scale.
• Evercore: Evercore is an independent investment bank with one of the strongest alternative investment fund advisory and capital-raising practices on Wall Street, serving fund managers on fund formation, GP-led secondaries and capital introduction — the same client set TS2 targets.
• Houlihan Lokey: Houlihan Lokey is a global investment bank providing financial restructuring, M&A, and capital markets advisory — overlapping with TS2's fund restructuring, deal structuring, and capital raising offerings across the alternative investments value chain.
• Lazard: Lazard is a global financial advisory and asset management firm with a longstanding practice advising alternative investment managers on fund formation, capital raising and strategic matters — a scaled incumbent competing for the same institutional client mandates as TS2.
• FTI Consulting: FTI Consulting's Strategic Communications and Corporate Finance segments advise alternative investment managers on fundraising, restructurings, and special situations — overlapping with TS2's advisory suite, particularly on fund workouts and complex restructurings.
• Rothschild & Co: Rothschild & Co is a global independent advisory firm with a long-running practice advising funds and asset managers on capital raising, fund structuring and strategic transactions — comparable to TS2's independent advisory model at global scale.

Direct peers

• Eaton Partners: Eaton Partners is a dedicated placement agent and capital introduction firm focused exclusively on alternative investment funds — the most direct functional peer to TS2's institutional capital introduction and capital raising advisory offering.
• Park Hill Group: Park Hill, now operating within PJT Partners, is a leading placement agent for alternative investment managers providing fund capital raising, GP-led and LP-led secondary advisory — directly comparable to TS2's liquidity and secondaries practice.
• Cascadia Capital: Cascadia Capital is a boutique middle-market investment bank advising alternative investment managers, independent sponsors, and operating companies on capital raising and M&A — a similar boutique-scale advisory peer to TS2 with overlapping client segments.
• Brown Gibbons Lang & Company: Brown Gibbons Lang & Company is a middle-market investment bank focused on M&A, capital raising, and financial advisory for alternative investment firms and operating businesses — a closely comparable boutique advisory peer serving fund managers and sponsors.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat2 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TS2 Capital Advisors