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ARTICLE · 07 JULY 2015

New Program Raises $2.4 Billion Using Guernsey Structure

Carey Olsen
Carey Olsen
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Carey Olsen

Carey Olsen

With a heritage that dates back to 1898, Carey Olsen is one of the most established and...

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Carey Olsen's investment funds team has advised on the launch of Park Square Capital's Credit Opportunities II Program which raised a total of $2.4 billion of committed capital making it one of the leading players in the European leveraged loan markets.

GuernseyWealth Management
Andrew Boyce
Andrew Boyce
Alex Mauger
Alex Mauger
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Carey Olsen's investment funds team has advised on the launch of Park Square Capital's Credit Opportunities II Program which raised a total of $2.4 billion of committed capital making it one of the leading players in the European leveraged loan markets.

Acting alongside onshore firm Debevoise & Plimpton, Carey Olsen partner Andrew Boyce and senior associate Alex Mauger advised on all Guernsey aspects of the program raising including structuring, fund formation, regulation, marketing and launch.

The program includes two closed ended Guernsey limited partnerships, a main fund and a feeder fund, and is regulated as a registered collective investment scheme.

The program includes committed capital which has been raised from a range of institutional investors from around the world, in particular European and US pension funds, and leverage which has been provided by leading global financial institutions. The program will have a similar strategy to that of its

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