Inflexion Private Equity’s £1 Billion Simultaneous Double Fund-Raising

Ashurst has advised Inflexion Private Equity on the simultaneous closings of two new private equity funds. Inflexion Enterprise Fund V raised £400m and Supplemental Fund V raised £600m from Inflexion’s existing client base of institutional investors from across Europe, the US and Asia.

Similar to the previous fundraisings, the Inflexion and Ashurst teams worked together extremely closely to deliver the fund-raisings on the planned closing date, at the hard cap and without the support of a placement agent. The funds were raised in around 10 weeks.

Inflexion Enterprise Fund V will continue Inflexion’s strategy of backing high growth, entrepreneurial businesses with ambitious management teams and working in partnership with them to accelerate growth.

Inflexion Supplemental Fund V will invest primarily alongside Inflexion Buyout Fund V and Inflexion Partnership Capital Fund II, two funds on which the Ashurst funds team previously advised. In particular it will provide Inflexion with additional capital to co-invest alongside its larger buyout and partnership capital investments.

Piers Warburton (picture), global head of Ashurst’s investment funds practice, led an international Ashurst team comprising partners Alexander Cox (tax), Jake Green (UK regulatory), Margaret Sheehan (US securities law) and Sharon Kim (US tax), counsel Alastair Ladkin (tax), senior associates Neil Ziatabari and Andreas Elofs (funds), senior associate Fiona Palamarczuk (funds finance) and associate Michelle Tsang (funds).

Carey Olsen advised on Guernsey law matters.

Involved fees earner: Alexander Cox – Ashurst; Andreas Elofs – Ashurst; Jake Green – Ashurst; Sharon Kim – Ashurst; Alastair Ladkin – Ashurst; Fiona Palamarczuk – Ashurst; Margaret Sheehan – Ashurst; Michelle Tsang – Ashurst; Piers Warburton – Ashurst; Neil Ziatabari – Ashurst;

Law Firms: Ashurst;

Clients: Inflexion Private Equity;