Akin Advises Adelis Equity Partners on €1.6 Billion Fourth Fund
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(London) – Adelis Equity Partners has announced the final closing of its Adelis Equity Partners Fund IV (Adelis IV), following a short and successful period of fundraising.
Adelis IV, which was significantly oversubscribed, raised €1.5 billion from external investors and included a committed investment of 7.7%, or €116 million, from Adelis’ employees bringing the total fund size to €1.616 billion.
Since its launch, Adelis Equity Partners has raised €4.25 billion of capital across four flagship funds and two continuation vehicles.
The team at Akin have worked with Adelis since advising on its debut fund in 2013. Since then, Akin has advised Adelis on its two succeeding funds, notably Adelis Equity Partners Fund III which raised €932 million, as well as two continuation vehicle transactions.
The Akin team was led by investment management partner Simon Ellis and included investment management counsel Michelle Liptakova, practice attorney Simrita Dhamodaran and associates Matthew Allan and Joan Chow, and tax partner Stuart Alter and counsel Peretz Riesenberg.
To learn more about this transaction, please click here.
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