Patron Capital’s €844 Million Patron Capital, VI LP Fund Launch

Carey Olsen and Goodwin Procter LLP advised Patron Capital on its latest European real estate fund.

Patron Capital launched its latest European real estate fund, Patron Capital, VI LP (Fund VI), which recently held its final closing with a total fund size of €844 million, including approximately €128 million of co-investment capital.

This is the second Patron Capital fund domiciled in Jersey under the Island’s well-established Expert Fund regime. Fund VI’s opportunistic strategy focuses primarily on distressed and/or undervalued property and property related investments, mostly in Western Europe, and has a welcome ESG focus.

Carey Olsen partner Chris Griffin (Picture) led the team, assisted by senior associate Sarah Townsend.

The Goodwin team was led by Patrick Deasy, Alex Finlayson, and Simon Marshall, with invaluable support from Glynn Barwick, David Holland, Zachary Bonner, and Fergus Plant.

Involved fees earner: Christopher Griffin – Carey Olsen; Sarah Townsend – Carey Olsen; Glynn Barwick – Goodwin Procter; Patrick Deasy – Goodwin Procter; Alexandra Finlayson – Goodwin Procter; David Holland – Goodwin Procter; Simon Marshall – Goodwin Procter;

Law Firms: Carey Olsen; Goodwin Procter;

Clients: Patron Capital Partners;