Carey Olsen's corporate team in Guernsey has advised Inflexion Private Equity Partners on the establishment of two new funds, Inflexion Buyout Fund V and Inflexion Partnership Capital Fund II, securing commitments of £1.25bn and £1bn respectively.
Both funds were oversubscribed and reached their respective hard caps within four months of launch, after receiving strong support from existing investors and attracting new investors from the US, Europe and Asia.
Led by Partner Andrew Boyce and Senior Associate John Scanlan, Carey Olsen worked alongside onshore legal adviser Ashurst to advise Inflexion on the formation of both Guernsey-domiciled funds.
Established in 1999, Inflexion is a private equity investor in the UK mid-market. It currently has a portfolio of 35 companies and operates in 70 countries.
Both of its latest funds will follow the same strategy as Inflexion's previous funds, investing up to £200 million in fast-growing, entrepreneurial businesses. Inflexion Buyout Fund V will make majority investments, while Inflexion Partnership Capital Fund II will make minority investments.