Shoosmiths’ corporate team advises Octopus Investments on Calastone funding

Shoosmiths’ corporate team has advised long-standing client Octopus Investments on its further funding of Calastone, an independent cross-border transaction network for the global funds industry. 

Calastone secured a total of $18m (£11m) investment from private-equity firm Accel Partners and shareholder Octopus Investments. The funding will be used to accelerate the company’s global growth strategy in the Asia-Pacific and Europe, in addition to expanding its product range.

Shoosmiths partner Alastair Peet led the team with support from associate and fellow corporate specialist Gareth Davies.