Ogier IT Capability Supports Timely Closing For Index Ventures On Its $2b Fund Raise

Ogier's Jersey investment funds team has advised Index Ventures on the simultaneous closings of Index Ventures Growth V, which has raised $1.2 billion to invest in later-stage, growth rounds, and Index Ventures X, which recently closed at $800 million to put into earlier rounds for smaller start-up companies.

This latest $2 billion raise from Index is an increase in fund size on its previous growth and venture fund close (in 2018 it raised $650 million for venture and $1 billion for growth), which will enable Index Ventures to take advantage of increasingly sophisticated and international start-ups. The funds are expected to split their investments between the US and Europe, and have again been backed by research organisations, universities, medical insititutes, pension funds and funds of funds.