Created Date:
29 May 2018
Investment funds

Carey Olsen advises Inflexion on double fundraise of £2.25 billion

Carey Olsen's corporate team in Guernsey has advised Inflexion Private Equity Partners (Inflexion) on the establishment of two new funds, Inflexion Buyout Fund V and Inflexion Partnership Capital Fund II, securing commitments of £1.25 billion and £1 billion respectively.

Both funds were oversubscribed and reached their respective hard caps within just four months of launch, after receiving strong support from existing investors and attracting new investors from the US, Europe and Asia.

Led by partner Andrew Boyce and senior associate John Scanlan, Carey Olsen worked alongside onshore legal adviser Ashurst to advise longstanding client Inflexion on the formation of both Guernsey-domiciled funds.

Established in 1999, Inflexion is one of the leading private equity investors in the UK mid-market. It currently has a portfolio of 35 companies, employing more than 10,000 people with operations in 70 countries.

Both of its latest funds will follow the same strategy as Inflexion's previous funds, investing up to £200 million in fast-growing, entrepreneurial businesses with strong profit margins and led by ambitious management teams. Inflexion Buyout Fund V will make majority investments, while Inflexion Partnership Capital Fund II will make minority investments.