Leading offshore law firm, Mourant, has advised international
investment firm and longstanding client, Triton, on its latest
flagship buyout fund, Triton Fund V.
The fund surpassed the €4 billion target and successfully
closed in December 2018 at its hard cap of €5 billion, making
it Triton's largest fund in its 22-year history and one of the
largest pan-European buyout funds of 2018.
The fund is established in Jersey as an expert fund and received
commitments from a diversified range of institutional blue-chip
investors including pension funds, insurance companies and
sovereign wealth funds.
The Triton funds invest in and support the positive development
of medium-sized businesses headquartered in Europe. The 38
companies currently in Triton's portfolio have combined sales
of around €13.1 billion and around 85,000 employees.