Carey Olsen has advised on the establishment of two new Guernsey-domiciled funds, Inflexion Buyout Fund IV and Inflexion Partnership Capital I, securing commitments of £650 million and £400 million respectively on behalf of Inflexion Private Equity Partners LLP.
Led by Partner Andrew Boyce and Senior Associate James Stockwell, Carey Olsen worked alongside onshore legal advisor Ashurst in the formation of the new private equity funds, which closed within five months of launch.
The funds were oversubscribed, with backers including blue chip companies from the US, Asia and the Middle East, and a large number of repeat investors. Both funds will follow the same strategy as Inflexion’s previous funds, investing in and partnering with high-growth, entrepreneurial businesses.