Collas Crill has for the second time advised the Darwin Group on the launch of a Guernsey fund, which has raised approximately £100 million in capital at launch.
The Darwin Leisure Development Fund is a new alternative investment proposition for UK local authority pension schemes seeking to invest in UK holiday parks showing potential for redevelopment.
This strategy reflects Darwin's goal of offering investment solutions generating long-term absolute returns that enhance capital and provide high levels of income.
It builds on the success of Darwin's first fund, the Darwin Leisure Property Fund, which has grown to nearly £500 million in value. Collas Crill also advises the Darwin Leisure Property Fund as Guernsey Counsel.
The commercial team at Collas Crill was led by Group Partner Wayne Atkinson alongside Senior Associate Tristan Ozanne.