Guernsey Funds Raise €1.55bn For Waterland

Waterland Private Equity Investments has closed Waterland Private Equity VI following a successful fund-raising after just three months in the market.

Carey Olsen in Guernsey advised the sixth fund for the Dutch private equity firm which has raised €1.55 billion in the short time frame. €1.25 billion sits within the fund (a Guernsey vehicle that invests into the Dutch fund) with the remaining €300 million in an overflow fund – also a Guernsey vehicle that invests into the Dutch overflow fund – that will be used when the principal vehicle reaches its concentration limits.

The Carey Olsen team of Partner Ben Morgan, Senior Associate Ruth Abernethy and Associate Alex Wilson assisted the fund in the preparation of all the necessary Guernsey documentation for the structure.