Carey Olsen advise on InfraRed fund launch

Posted: 19/12/2014

Carey Olsen has advised on the £475 million launch of InfraRed Active Real Estate Fund III, which benefitted from Guernsey's flexible funds regime to offer an investment solution to certain limited partners.

Continuing the investment strategy of targeting real estate projects in the UK and selective European markets, Active Fund III follows the success of InfraRed's Active Fund I and Active Fund II.

In common with the predecessor funds, Active Fund III is formed of UK domiciled vehicles, but when certain investors required an alternative investment solution, InfraRed was able to add a parallel Guernsey vehicle without disrupting its overall management and administration arrangements.

Carey Olsen Guernsey funds Partner David Crosland and Associate Gemma Campbell advised on the offshore aspects of the launch alongside onshore counsel Weil, Gotshal & Manges.


Add a Comment

  • *
  • *
  • *
  • *
  • Submit
Zedra

It's easy to stay current with blglobal.co.uk.

Just sign up for our email updates!

Yes please! No thanks!