Mourant has advised international investment firm and longstanding client Triton on the launch of its Debt Opportunities Fund II.
The fund has completed its fundraising and exceeded its initial €550m target, with commitments of €744m.
Led by Partner Daniel Birtwistle, the Mourant team included Senior Associates Alex Henderson and Roisin Cullinane. They coordinated the Jersey regulatory approvals and, working alongside lead counsel Kirkland & Ellis, the closing process.
The fund operates an 'all-weather' approach to investing to find attractive investments at healthy prices. It focuses on non-control positions across the capital structure in mid-market companies with average investment sizes between €10m and €40m.