Mourant Ozannes has advised CVC Capital Partners, one of the world's leading private equity and investment firms, on the launch of its latest Asia Pacific Fund. CVC Capital Partners Asia Pacific IV ("Fund IV") has raised $3.5 billion to invest in the Asia Pacific region.
The latest fund launch brings CVC's total fundraising to date through its Asia Pacific funds to over $10 billion, invested in over 46 businesses across various industries in the region. Fund IV will invest primarily in businesses in Greater China, Southeast Asia, Japan and Korea.
The project was led by partner Felicia de Laat and supported by Rachel Candler, associate and Matt McManus, paralegal. Simpson Thacher & Bartlett LLP acted as lead counsel on the matter.
Felicia de Laat commented: "It has been a pleasure to advise on the launch of CVC Capital Partners Asia Pacific IV. This was a significant fund launch for us and we are delighted to see the fundraising so well supported and Fund IV off to such a successful start. We are very proud of our long standing relationship with CVC."
In 2013 Mourant Ozannes, (led by partner Jacqueline Richomme) also advised CVC Capital Partners on its flagship fund for private equity investments in Europe and North America, CVC Capital Partners VI, which successfully reached its hard cap of €10.5billion.
Paul Christopher, managing partner of Mourant Ozannes' Hong Kong office commented: "Our global funds team has an extremely strong and credible global reputation in private equity work. We regularly advise the highest quality private equity houses on fund establishment, investment and divestment of assets, including in the Asia Pacific region."