CAREY OLSEN: Carey Olsen advises Inflexion on closing of latest fund at £975 million

Press Release from Carey Olsen, Wednesday 18 September, 2024.

Carey Olsen’s investment funds team in Guernsey has advised European private equity firm Inflexion Private Equity Partners LLP (“Inflexion”) on the successful final close of Enterprise Fund VI (“the Fund”) at its hard cap of £975 million.

The Fund was raised primarily through increased commitments from existing investors in less than five months, who on average doubled their investments from the previous fund, Enterprise Fund V.

The Fund’s investor base includes a diverse group of U.S. pension funds, insurance companies, and sovereign wealth funds. The Fund will invest in both majority and minority stakes in European companies valued up to £150 million.

The Carey Olsen team advising Inflexion comprised partners Andrew Boyce and Rachel de la Haye and associates Oliver Orton and Nicola D’Amico.

Andrew Boyce commented: “It has been a pleasure to assist our long-standing client Inflexion on another successful fundraising. The diverse investor base in Fund VI demonstrates the strong confidence in Inflexion’s investment strategy, their ability to deliver attractive returns and underlines the continued importance of the use of Guernsey as a fund domicile. We are excited to see how this fund will contribute to the European market.”

 

31 May 2024

NETHERLANDS: Dutch coalition unveils new era: Green economy, stricter EU policies

Four right-center parties that reached an agreement to form the government of the Netherlands have presented a joint program. The coalition agreement heralds a change in political direction, writes

Read More
5 June 2024

PORTUGAL: Portugal toughens migration rules ahead of upcoming EU elections

The Portuguese government has put an end to an exceptional regime that allowed foreigners to enter Portugal and then apply for a residence permit. Portugal announced a new plan to toughed immigration

Read More
2 February 2024

HEDGE FUNDS: 86% of Hedge Funds Give Staff Access to Gen AI Tools

High adoption rate: 86% of hedge fund managers surveyed now grant their staff access to various Gen AI tools to bolster their work, representing a widespread embrace of this transformative technology.

Read More
14 August 2024

AUSTRIA: Austria aims to open up on bank secrecy within weeks

Austria aims to agree within weeks to give other European Union countries access to foreigners’ bank account details, Chancellor Werner Faymann said on Saturday, allowing the bloc to begin talks

Read More