Mourant Ozannes has advised on a €350m (£299m) private equity fund for DPE Deutsche Private Equity, a German investment firm.
The team, led by partner Joel Hernandez and assisted by Kerill O’Shaughnessy, Jonathon MacFeeters, Matt Satchell and Stefan Chinniah, provided Jersey advice in connection with the launch and closing of DPE Germany II and its related feeder fund (DPE II).
DPE II is the second fund for DPE Deutsche Private Equity. DPE II has closed with approximately €350m of capital commitments from approximately 20 institutional investors.
DPE Fund II intends to invest in medium-sized companies with enterprise values of between €10m and €100m in Germany, Switzerland and Austria.
P+P Pöllath + Partners advised DPE as the lead law firm (advising in relation to German law), alongside Proskauer Rose (advising on US and UK law), Canadian law firm Gowling Lafleur Henderson (advising on Canadian law), the Luxembourg office of Arendt & Medernach (advising on Luxembourg law) and Mourant Ozannes (advising on Jersey law).