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.”
The Hong Kong Monetary Authority (HKMA) has launched its Sustainable Finance Action Agenda, outlining a comprehensive strategy to reinforce Hong Kong’s standing as a leading sustainable finance hub
It could soon become easier for investors in other European countries to get refunds for cases of double-taxation. European Union finance ministers agreed to a plan to help EU residents quickly receive
The World Bank priced the first CHF digital bond by an international issuer, which will settle using Swiss Franc wholesale Central Bank Digital Currency (wCBDC) provided by the Swiss National Bank (SNB).
The United States is delaying the disbursement of $2.6 billion in climate finance to South Africa, raising concerns the funds could be withheld entirely, Bloomberg News reported on Thursday, citing