Clifford Chance and Carey Olsen advised Montana Capital Partners on the successful closing of its fifth fund “mcp Opportunity Secondary Program V”.
The fund was closed at its hard cap of EUR 1.3 billion plus team commitment.
Significant support from existing and new investors led to substantial oversubscription during a brief fundraising period. Investors include sovereign wealth funds, pension funds, insurance companies, family offices and foundations from Europe, Asia, the Middle East and the United States.
Montana Capital Partners is a leading Swiss based investment boutique that focuses on solutions for investors to reshape and optimise their portfolios and covers the full range: co-investments directly into companies, single fund stakes, small portfolios, fund of funds stakes, and structured solutions to reduce risk capital. Furthermore, mcp works with general partners, providing them and their investors with innovative liquidity solutions.
The international Clifford Chance team advising Montana Capital Partners comprised partner Sonya Pauls (Picture) and associates Thomas Canny and Kevin Merchant (all Corporate/Private Equity, Munich), partner Anthony Stewart and senior associate Laura Underhill (all Tax, London), associate Kelly Wood (Funds/Regulatory, London) partners Jan Grabbe and Marco Simonis, associate Albina Daka and senior associate Andrius Bielinis (all Funds Tax, Frankfurt), partner Avrohom Gelber and associate Hannah Richard (both tax, New York) as well as partner Jeff Berman and associate Andrew Nelson (both Banking & Finance, New York) and further professionals from other Clifford Chance offices.
The Carey Olsen team was led by partner Chris Griffin, advising on the Jersey aspects of the fund’s launch, assisted by senior associate Sarah Townsend and associate Luke Costello.
Involved fees earner: Luke Costello – Carey Olsen; Christopher Griffin – Carey Olsen; Sarah Townsend – Carey Olsen; Jeff Berman – Clifford Chance; Andrius Bielinis – Clifford Chance; Thomas Canny – Clifford Chance; Albina Daka – Clifford Chance; Avrohom Gelber – Clifford Chance; Jan Grabbe – Clifford Chance; Kevin Merchant – Clifford Chance; Andrew Nelson – Clifford Chance; Sonya Pauls – Clifford Chance; Hannah Richard – Clifford Chance; Marco Simonis – Clifford Chance; Anthony Stewart – Clifford Chance; Laura Underhill – Clifford Chance;
Clients: Montana Capital Partners;