Trimaran Trimaran A trimaran (or double-outrigger) is a multihull boat that comprises a main hull and two smaller outrigger hulls (or "floats") which are attached to the main hull with lateral beams. Most trimarans are sailing yachts designed for recreation or racing; others are ferries or warships. The word "trimaran" is a portmanteau of "Tri" and "(Cata)maran". It is thought to have been invented by Victor Tchetchet, a pioneering, Ukrainian-born modern multihull designer. The first trimarans were developed by the Austronesian people and are still widely used today by traditional fishermen in maritime Southeast Asia, Madagascar, Micronesia, and Polynesia. Some of
Trimaran Capital Partners fund in 2004, but existing limited partners expressed dissatisfaction with the fact that the firm had not fully invested its existing fund and had yet to produce sufficient realizations to merit a new commitment. Although Trimaran is still in operation managing its existing investment funds, the key professionals in the firm have embarked on a number of different ventures. Following the failure of Trimaran to raise its third fund, in March 2007, Andrew Heyer, one of the three founders of Trimaran, left the firm to launch a new buyout firm. Mistral Equity Partners was founded with a team from Trimaran