Carey Olsen has advised Grafton Capital on its recent launch of technology-focused fund Grafton Capital Felix, which closed with a total fund size of 26 million Swiss francs.
Grafton Capital chose Jersey's Private Placement Fund regime for the fund, which was established with a single purpose and immediately acquired a minority interest in BOARD International, a global provider of a software platform for unified business intelligence, performance management and analytics.
Carey Olsen Funds Partner Daniel O'Connor and Senior Associate Chris Griffin, who led the team, advised on the Jersey legal and regulatory aspects of the fund's establishment and regulatory authorisation, assisted by Associate Katrina Lindsay.
Grafton Capital Partner Edward Barroll-Brown, said: "The team at Carey Olsen, along with the JFSC, enabled us to establish this institutional-quality fund in a very short period of time."