Float (nautical) marine salvage, often deployed uninflated then pressurized to raise a sunken object. In popular usage, the term "pontoon" can refer to any of several of the following objects that make use of nautical floats. A pontoon boat is a flattish boat that relies on nautical floats for buoyancy. Common boat designs are a catamaran with two pontoons, or a trimaran with three. In many parts of the world, pontoon boats are used as small vehicle ferries to cross rivers and lakes. In Australia and New Zealand, the term "pontoon" often refers to an anchored raft-like platform used for diving from.
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