Guernsey Fund Launch For Corten Capital

Carey Olsen and Alter Domus in Guernsey have supported London based Corten Capital in achieving a final closing of Corten Capital I, their first private equity fund, at ?392 million.

Corten was founded by Joseph Schull, Simon Begg, Andrew Sukawaty and Don Robert and, through Corten Capital I, will focus on acquiring and building market leading, technology-driven B2B services, information and software companies across Europe and North America.

Carey Olsen provided Guernsey legal advice in respect of the fund structuring and launch processes. The team was led by partner David Crosland with support from senior associate Matt Brehaut.

The Alter Domus team comprised Tom Amy (country executive), Tina Kerrigan (senior manager) and Katie Le Gallez (manager). Alter Domus will provide ongoing administration, reporting and regulatory services to the Corten Capital I structure.