Macfarlanes advises 17Capital on raising Fund 4
11 May 2017Macfarlanes has advised investment firm 17Capital LLP on the raising of its fourth fund (17Capital Fund 4), which hit its extended hard cap and closed with commitments of over €1bn.
This new fund will continue the established and distinct investment strategy of 17Capital’s predecessor funds by providing highly-flexible preferred equity to private equity investors and sponsors.
17Capital Fund 4 held its final close with an international base of institutional investors just six months after its initial closing.
The Macfarlanes team comprised of funds partner Christopher Good and solicitors Rooshin Vaghadia and senior solicitor Jack Mathew, with tax partner Mark Baldwin also advising.
Christopher Good commented: "17Capital is a long standing client. Our relationship goes back to 2008 when we advised on the establishment of its business and the raising of its first fund. We are delighted to have been able to help the team on their latest and largest fundraise".
"17Capital is a long standing client. Our relationship goes back to 2008 when we advised on the establishment of its business and the raising of its first fund. We are delighted to have been able to help the team on their latest and largest fundraise".
Get in touch
