Mourant Ozannes has advised CVC Capital Partners, a private equity and investment firm, on the launch of its latest Asia-Pacific fund. CVC Capital Partners Asia Pacific IV (‘Fund IV’) has raised $3.5bn (£2bn) to invest in the Asia-Pacific region.
The latest fund launch brings CVC’s total fundraising to date through its Asia-Pacific funds to more than $10bn, invested in more than 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 acted as lead counsel on the matter.
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 €10.5bn (£8.5bn).