Mourant Ozannes advises on largest ever European Private Equity firm fundraising
02 June 2017
Mourant Ozannes, working alongside lead counsel Simpson Thacher & Bartlett LLP, has advised CVC Capital Partners, one of the world's leading private equity and investment advisory firms, on the launch of its seventh flagship fund for private equity investment in Europe and North America, CVC Capital Partners VII. The fund closed with a hard cap of approximately €15.5 billion (the largest ever fundraising by a European private equity firm) and received commitments from over 300 investors based primarily in North America, Europe, Asia and the Middle East.
Mourant Ozannes L.P. partner, Felicia de Laat said: "We were delighted to assist with the establishment of CVC Capital Partners VII, the largest ever buyout fund raised by a European fund manager. The sheer size of the fund and the number of investors demonstrates the depth of our funds team to manage such a significant project and we are proud to be one of the advisers involved with its successful launch."