Carey Olsen advises FitzWalter Capital on launch of ~US$1.4 billion fund
Carey Olsen has advised global private investment firm FitzWalter Capital ("FitzWalter") on the successful launch and final closing of FitzWalter Capital Partners II ("Fund II"), a Jersey Private Fund and Alternative Investment Fund which raised ~US$1.4 billion from a global range of institutional investors.
The Carey Olsen corporate team advising on the Jersey aspects of the transaction comprised partner James Mulholland, counsel Thomas MacAdie and associate Charlie Hurst, working alongside onshore counsel Debevoise & Plimpton LLP and Jersey administrator J.P. Morgan.
James said: "Having previously supported the launch of longstanding client FitzWalter on their debut fund in 2022, we are pleased to have advised on its impressive latest fundraise. To raise ~US$1.4 billion upon the launch of a second fund is a significant achievement, whilst the client's choice to work with us once again reinforces the firm's position as a leading legal adviser for establishing Jersey-domiciled investment funds."
Established in 2020, FitzWalter invests in a broad spectrum of sector and asset classes, including corporate businesses, real estate, renewables, aircraft and other 'hard' assets. The firm provides capital and capability, supporting management teams in unlocking the full potential of a business or asset, particularly in complex or transitional situations.