The global finance centre of Guernsey has chosen by a new
private equity manager for the launch of its debut fund.
Queen's Park Equity Partners I closed at its hard cap of
£185 million, raised entirely during the Covid-19 pandemic
and exceeding its initial fundraising target of £150
million.
Established only last year, QPE is focused on providing
capital and expertise to high-quality businesses within education,
healthcare and pharmaceuticals, and tech services.
"Queen's Park Equity Partners I is the latest in a
number of first-time funds to be launched in Guernsey and
emphasises the jurisdiction's appeal to young venture capital
and private equity firms," said Carey Olsen Partner David
Crosland. The law firm advised on the launch alongside the funds
team from IQ-EQ in Guernsey.
