FSN Capital’s €1.8 Billion Launch of FSN Capital VI

Carey Olsen, working alongside international counsel Kirkland & Ellis, advised FSN Capital on the launch of its latest mid-market fund, FSN Capital VI (Fund VI), with commitments of €1.8 billion. Fund VI builds upon FSN Capital’s strong and supportive existing investor base whilst also attracting a substantial number of new investors from around the globe.The fund, which was oversubscribed and closed above its original hard cap, will continue FSN Capital’s proven investment strategy of targeting control buyout investments of mid-sized companies in Northern Europe. Fund VI is also classified as an Article 8 or ‘light green’ fund under the European Union’s new Sustainable Finance Disclosure Regulation, further underlining FSN Capital’s leading industry position within the environmental, social and governance (ESG) space, having reported publicly on the ESG performance of its portfolio companies since 2013.

The Carey Olsen team was led by partner James Mulholland (Picture), assisted by senior associate Arindam Madhuryya and associate Jennifer Liss on the fund and regulatory aspects, and by counsel Claire Le Quesne, and associate Stephanie Hobbs on the financing side.

The Kirkland team was led by investment funds partners Jeremy Leggate and Christopher Braunack and associates Yushra Raheem, Oliver Cutbill, Faisal Obeidat, Ryan Mason and Stephen Giblin, and included tax partners David Grenker, Ian Ferreira and Carol Wang and regulatory partners Christopher Scully and Romin Dabir.
Involved fees earner: Stephanie Hobbs – Carey Olsen; Claire Le Quesne – Carey Olsen; Jennifer Liss – Carey Olsen; Arindam Madhuryya – Carey Olsen; James Mulholland – Carey Olsen; Law Firms: Carey Olsen; Clients: FSN Capital;

Author: Giulia Di Palma