Castelnau Group Limited’s £178 Million Initial Public Offering

Carey Olsen advised Phoenix Asset Management in connection with Castelnau Group Limited’s initial public offering (IPO) on the London Stock Exchange.The Guernsey-domiciled investment company, managed by Phoenix Asset Management, recently launched on the LSE following a £178 million (approximately US$245 million) IPO. Castelnau is focused on investing in both public and private companies with initial investments including firms providing digital analytics.

Northern Trust is providing Castelnau Group Limited with a suite of asset servicing solutions, including fund administration, fund accounting, custody and depositary services. 

Castelnau Group Limited is a closed-ended investment company incorporated in Guernsey. 

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. 

The Carey Olsen team was led by partner Ben Morgan (Picture), with assistance from senior associate James Cooke and associate Kristina Mikhaylova. 
Involved fees earner: James Cooke – Carey Olsen; Kristina Mikhaylova – Carey Olsen; Ben Morgan – Carey Olsen; Law Firms: Carey Olsen; Clients: Phoenix Asset Management Partners;

Author: Giulia Di Palma