Carey Olsen's investment funds team in Guernsey, together with Northern Trust, have supported Coller Capital, an investor in private equity's secondary market, on the launch and $9bn final close of Coller International Partners VIII.
The fund will focus on providing liquidity solutions to private equity investors worldwide, acquiring interests in private equity funds, portfolios of private companies and other private equity-related assets.
Investor support for the fund has come from more than 200 of the world's leading institutional investors.
The Carey Olsen team advising Coller Capital on all Guernsey aspects of the fund's establishment, launch and closing was led by Partner David Crosland and included Counsel Andrew Tually and Associate Felicity Wai.
Northern Trust, which has long worked with Coller Capital, has been appointed to provide fund administration, banking and depositary services for the new fund from its Guernsey office.