Carey Olsen's investment funds team in Jersey has advised northern European private equity investment firm FSN Capital on the launch of its latest mid-market fund, FSN Capital VI (Fund VI), with commitments of €1.8bn.
Fund VI builds on FSN Capital's existing investor base, while also attracting a substantial number of new investors from around the globe.
The fund, which was oversubscribed and closed above its original hard cap, will continue FSN Capital's investment strategy of targeting control buyout investments of mid-sized companies in northern Europe.
Fund VI is also classified as an Article 8 or 'light green' fund under the European Union's Sustainable Finance Disclosure Regulation, underlining FSN's position in the environmental, social and governance (ESG) space.
Working alongside international counsel Kirkland & Ellis, the Carey Olsen team advised FSN Capital on all Jersey legal and regulatory aspects relating to the fund's structuring, establishment, fundraising and financing.
The Carey Olsen team was led by Partner James Mulholland (pictured), assisted by Senior Associate Arindam Madhuryya and Associate Jennifer Liss on the fund and regulatory aspects, and by Counsel Claire Le Quesne and Associate Stephanie Hobbs on the financing side.