Offshore law firm, Mourant Ozannes, has advised Highland Europe on the establishment of Highland Europe Technology Growth III Limited Partnership as a Jersey expert fund.
Highland Europe is a growth stage technology investor in Europe, and Highland Europe Technology Growth III is the third fund they've launched in six years, raising €463 million to boost funding for globally ambitious European software and internet-enabled businesses.
The fund was significantly oversubscribed and reached its hard cap in just 12 weeks, bringing Highland Europe’s assets under management to €1.1bn. The fund’s limited partners include a broad range of global institutional investors.
The Mourant Ozannes' team was led by investment funds Partner Ben Robins, Senior Associate Matt Satchell and Associate Rachel McGinness, working alongside lead onshore counsel Kirkland & Ellis LLP.