Carey Olsen’s Guernsey investment funds team has advised European private equity firm Inflexion Private Equity Partners on the successful final close of Inflexion Partnership Capital Fund III at its hard cap of £1.75 billion, exceeding its successful £1 billion predecessor fund.
The Fund, which is the largest dedicated minority fund in Europe, has attracted existing and new investors from across the world, including from Asia, Europe, the Middle East, as well as the US, and includes public and corporate pension plans, sovereign wealth funds, insurance companies, asset managers and family offices.
Inflexion’s Partnership Capital fund strategy focuses on making minority equity investments in entrepreneurial ventures characterised by high growth and substantial profit margins. These investments are directed towards innovative firms aiming to expedite their growth trajectory.
The Carey Olsen team advising Inflexion comprised partner Andrew Boyce, senior associate Rachel de la Haye and associate Oliver Orton.
Andrew Boyce commented: “We are pleased to have advised longstanding client Inflexion on yet another impressive fund raise for one of its strategies. On international mandates like this, Carey Olsen can leverage the full range of our private capital expertise including fund formation, regulatory and fundraising advisory.”
Richard Smith, Chief Financial Officer at Inflexion, said: “We were delighted to once again work with the Carey Olsen team on this immensely successful launch of the Inflexion Partnership Capital Fund III. The support of Carey Olsen and our wider third-party advisor group contributed substantially to the efficiency and success of the launch and validates our choice of Guernsey as the domicile for our funds.”
