Mourant, the law firm-led professional services business, has advised growth capital firm Highland Europe on their fifth Fund, which closed on 19 January 2023 after raising €1 billion.

This latest fund further strengthens Highland Europe’s strategy of supporting Europe’s most talented founder-led technology and software companies.

In total, Highland Europe has now raised €2.75 billion which has been invested in companies including Adjust, AMCS, Camunda, ContentSquare, Descartes, Deepki, eGym, Featurespace, GetYourGuide, Huel, Jellysmack, Malwarebytes, MatchesFashion, Me+Em, Nexthink, Podimo, Spot, Supermetrics, WeTransfer, Wolt and Zwift.

Partner and Global Practice Leader of the Mourant Investment Funds team, Ben Robins, led the transaction for Mourant, working alongside Jersey Investment Fund team members Roisin Cullinane, Sarah Burns and Daniel Hayden. The team worked in close collaboration with lead counsel Kirkland & Ellis and fund administrator Aztec on the fund-raising.

Ben Robins commented:
“Many congratulations to Highland Europe on the completion of Fund V. The energy, drive and collaborative approach of the Highland Europe team and their portfolio companies continues to breed real success, and it’s been a real pleasure to support them with another substantial fund-raise.”

This is just the latest in a series of significant recent fund transactions for the firm’s leading Jersey-based Investment Funds team. They continue to maintain a raft of top tier rankings in all leading independent legal directories; a mark of excellence in the profession.

In its latest guide, Chambers and Partners compliments the team’s “formidable reputation” in Jersey investment fund matters.