Mourant du Feu & Jeune has advised on the Jersey legal aspects of the establishment of Northzone VI, a venture capital fund investing in European technology companies. Leading Nordic and international institutional investors participated in the first close of €90million. The fund was established as a Jersey limited partnership and is targeting to raise up to EUR150m.
Ben Robins and Kerill O’Shaughnessy at Mourant du Feu & Jeune worked alongside Jeffrey Hurlburt and Julie Lasso at Hogan & Hartson (London).
Northzone Ventures was established in 1996 and has raised a total of EURO 445 million in six funds to date, and has offices in Oslo, Stockholm and Copenhagen.
In September 2009, Northzone Ventures was awarded the "European Venture Capital Fund of the Year" at the Investor Allstars Awards. February 2010