Press Release from Carey Olsen, Wednesday 26 March, 2025.
Carey Olsen has advised bd-capital, a pan-European operator-led investment firm, on the final closing of its second fund, bd-capital Fund 2 (“Fund 2”), at €430 million.
At its close Fund 2 surpassed its €350 million target by over 20% after less than 12 months in the market and has led bd-capital’s assets under management to increase to over €800 million.
A diverse array of institutional investors committed to Fund 2, including insurance companies, pension funds, sovereign wealth funds and family offices. In addition to Europe and the Middle East, a significant proportion of capital came from North American investors.
The Carey Olsen Guernsey corporate team advising bd-capital comprised partner David Crosland, senior associate Oliver Orton, and associate Nicola D’Amico.
David Crosland said: “We are pleased to have supported bd-capital on the final close of its second fund and look forward to observing how the firm continues to expand with this increased interest from investors. Achieving such a positive result in a challenging fundraising market reflects the continued strength of their operator-led, multi-sector investment strategy and growing international reputation.”
bd-capital was also supported by exclusive placement agent Houlihan Lokey, legal counsel Weil, Gotshal & Manges LLP, and fund administrator Langham Hall.
The Finance Ministry has announced the exemption of value-added tax (VAT) on digital asset trading to push Thailand towards becoming a digital asset hub. Paopoom Rojanasakul, secretary to the finance
Brussels recently scored a win when judges ruled Apple should reimburse €13bn in underpaid taxes – but a high-profile tax havens blacklist is undermined by weak sanctions, and warnings of cross-border
The number of family offices in the world has tripled since 2019, setting off a new race among private equity firms, hedge funds and venture capital firms to attract their investments. According to
President Donald Trump delivered a fiery speech at the World Economic Forum in Davos, where he sharply criticized the European Union’s treatment of American tech giants such as Apple, Google, and