Lawyers from Carey Olsen's corporate team in Guernsey have advised global private equity firm TriSpan on the launch and first close of its latest fund, TriSpan Opportunities II.
Fund II, which has so far collected commitments of approximately $100m, is focusing on opportunities in the lower mid-market in the US and Europe.
It will typically seek majority investments in proprietary buy-and-build opportunities alongside strong founders and management teams with a focus on multi-unit healthcare, business services or specialty manufacturing with limited use of leverage.
Working alongside lead onshore counsel Mishcon de Reya, the Carey Olsen team advising on the structuring, establishment and Guernsey regulatory aspects of Fund II's launch was led by Partner Andrew Boyce, assisted by Senior Associate Matthew Brehaut and Associate Rachel de la Haye.