Apse Capital Closes €350M Continuation Fund

0
122

“We are delighted with the successful closing of the continuation fund and grateful to our investors for their support. We look forward to continuing our journey with the leadership teams of TerraQuest, Kallidus, and Ultima to unlock further value,” Green said.

Apse Capital Closes €350M Continuation Fund : Key Players in the Fund

The continuation fund was spearheaded by J.P. Morgan Asset Management with legal counsel from DLA Piper. A mix of secondary and primary investors participated, with significant backing from Apse’s existing limited partners.

Apse Capital was advised by Weil Gotshal & Manges LLP, with a legal team led by private funds partners Peter Boulle and James Bromley, alongside tax and regulatory experts.

Signup for the USA Herald exclusive Newsletter

Apse Capital Closes €350M Continuation Fund : About Apse Capital

Founded in 2019 and based in London, Apse Capital specializes in tech-enabled B2B information and services businesses across high-growth sectors in Europe. This continuation fund aligns with the firm’s strategy to invest in innovative companies and support their expansion.

Legal Counsel

Weil Gotshal’s team for Apse Capital included tax partners Aron Joy and Andrew Morris, private equity partner Lewis Blakey, and regulatory partner Marc Schubert. Full details on DLA Piper’s advisory team for J.P. Morgan Asset Management were not immediately available.