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Mourant Investment Funds team Guides CVC to record-breaking US$6.8 Billion Asia Fund

Mourant Investment Funds team Guides CVC to record-breaking US$6.8 Billion Asia Fund


Mourant advises CVC Capital Partners on Asia VI, a US$6.8 billion fund, surpassing targets, led by Felicia de Laat

Mourant, a prominent law firm-led professional services business, has played a pivotal role in advising CVC Capital Partners on the establishment of its latest venture, Asia VI. The Mourant Investment Funds team, working in collaboration with lead counsel Simpson Thacher & Bartlett LLP, facilitated the successful launch of the fund, which closed with an impressive US$6.8 billion in commitments, exceeding its initial US$6 billion target and original hard cap.

Asia VI marks CVC Capital Partners' sixth Asia Fund, signalling a strategic focus on control, co-control, and partnership investments in high-quality businesses across core consumer and services sectors in Asia. The fund's closure is particularly noteworthy, being 50% larger than its predecessor, Asia V, which closed in 2020 at US$4.5 billion.

This success follows Mourant's previous collaboration with CVC Capital Partners in 2023 on the creation of the largest-ever buyout fund by a private equity firm, CVC Capital Partners IX, which closed with an unprecedented €26 billion in commitments.

Leading the team at Mourant was Felicia de Laat, supported by Alex Henderson (partner), Sally Müller (senior associate), and associates Ikanyeng Kobue, Kieran Sharman, and Steph Devine-Hill. The collaboration extended to Mourant colleagues across the firm's global Funds, Finance, and Corporate teams.

Mourant's Investment Funds practice, spanning offices in Jersey, Guernsey, Cayman Islands, and Asia, boasts recognised expertise, earning accolades in Chambers and Partners and Legal 500. The team's exceptional handling of innovative fund structures has garnered praise, with clients emphasising the strength of Mourant's people, coupled with outstanding work and knowledge. As the latest achievement, guiding CVC Capital Partners to a record-breaking Asia VI fund, underscores Mourant's continued prominence in the dynamic landscape of investment funds and private equity.