RTP Global’s $650 Million Launch of RTP Global Partners III

Carey Olsen, alongside with DLA Piper, has advised RTP Global on the launch of RTP Global Partners III (Fund III), the venture capital firm’s latest early-stage tech startup focused fund.

Fund III, which recently held its first closing with commitments of US$650 million, is RTP Global’s first Guernsey domiciled fund and will concentrate its investments in early-stage technology companies, primarily at Series A but also some late seed deals and Series B. Invested companies will have a focus in areas of mobility, artificial intelligence (AI), Software-as-a-Service (SaaS), fintech, foodtech, healthtech, insurtech and sporttech.

RTP Global is an international venture capital firm focused on early-stage technology investments. It has invested in 90 companies founded in more than 10 countries across Europe, Asia and North America. Six early-stage investments have become multi-billion public companies: Yandex, EPAM, Delivery Hero, RingCentral, Datadog, and Ozon.

The Carey Olsen team advising RTP Global on all structuring, formation and regulatory aspects of Fund III’s establishment was led by partner Tom Carey (Picture), with assistance from senior associate Matt Brehaut and associate Kristina Mikhaylova. They worked alongside onshore counsel DLA Piper whose team was led by partner Andrew Wylie and senior associate Sam Whittaker.???????

Involved fees earner: Matthew Brehaut – Carey Olsen; Tom Carey – Carey Olsen; Kristina Mikhaylova – Carey Olsen; Sam Whittaker – DLA Piper; Andrew Wylie – DLA Piper;

Law Firms: Carey Olsen; DLA Piper;

Clients: RTP Global;