Press Release from Carey Olsen, Thursday 15 February, 2024.
Carey Olsen’s investment funds team in Jersey has advised independent private equity manager Epiris on the launch and final close of its buyout fund, Epiris Fund III (“Fund III”), which was oversubscribed at its hard cap of £1 billion in third party investor commitments.
Epiris invests in opportunities to transform businesses in partnership with exceptional management teams. The firm targets UK and international businesses with an enterprise value of between £75 million and £500 million. Fund III has already deployed more than 20% of its total capital across four investments: Delinian, Lonestar, Pure Cremation and GSF.
The Carey Olsen team advising Epiris comprised partner James Mulholland, counsel Nienke Malan, senior associate Thomas MacAdie and associate Edward Kelleher, working alongside onshore law firm Clifford Chance.
James Mulholland commented: “We are pleased to have advised long-standing client Epiris on the successful fundraise of its latest buyout fund, which further confirms Carey Olsen’s position as a leading legal adviser in the investment funds sector.”
An international watchdog said Friday that it was removing the United Arab Emirates from its so-called gray list of countries that don’t take full measures to combat money laundering and terrorism
A new proposal is underway in the United States which aims to establish the country as a global leader in the digital economy through the creation of a Bitcoin tax-free Digital Economic Zone (DEZ).
The US is trying to get UAE to collaborate with American tech companies and distance itself from China in its technological collaborations especially when it comes to AI. As a result, several American
The Taxing Wealth Report 2024 illuminates a path to a fairer economy by proposing tax reforms to generate £90 billion annually, challenging fiscal myths. In anticipation of the upcoming UK budget,