Mourant advises Invision on €375 million fund launch

Mourant has acted as Jersey counsel on the launch of Invision VI, a fund sponsored by Invision AG, a respected mid-market private equity firm active in the DACH region, originally established in 2000.

The fund is a buyout fund, established as a Jersey expert fund, to invest in companies in Germany, Austria and Switzerland.

It achieved over half of its target commitments of €375 million at its first close.

Partner Daniel Birtwistle and Senior Associate Matt McManus led the Mourant team. The fund will be administered by Moore Management.

Mourant's Jersey Funds team is independently recognised as the go-to legal adviser in Jersey's funds industry, advising on over 46% of all funds by market share of assets.

The firm, which has held the dominant position in Jersey for 19 consecutive years, advised on 791 funds in the last year with an overall value of US$361bn and leads on all major tables, including 13 of the 18 categories. The report also highlighted that fund assets serviced in Jersey overall had risen to US$411.1bn at the end of June 2018, up 18.7% from 2017.