Allen & Overy advised the sponsor of Neev Fund II.
NEEV II is an Indian infrastructure private equity trust fund which aims to provide equity and quasi-equity support to small and medium sized enterprises (SMEs) that contribute to the achievement of the UN’s Strategic Development Goals and climate sustainability in India.
This initiative pledges to support Indian SMEs in achieving a pioneering role in supporting climate action, sustainability and socially conscious investments, favorably impacting many lives. The private equity fund will invest up to €100 million in Indian SMEs offering solutions critical to the success of global climate action.
Allen & Overy team was led by partner Jean-Christian Six (Picture), supported by counsel Miao Wang, senior associate Lisa Klemann and associate Timon Margue. Office senior partner Patrick Mischo, supported by counsel Franz Kerger and associate Benjamin Dahan advised on the tax aspects of the transaction.
Involved fees earner: Franz Kerger – Allen & Overy; Lisa Klemann – Allen & Overy; Timon Margue – Allen & Overy; Patrick Mischo – Allen & Overy; Jean-Christian Six – Allen & Overy; Miao Wang – Allen & Overy; Benjamin Dahan – Pact Avocats;
Clients: Neev Fund II – Sponsor;