Ogier in Jersey has acted as legal adviser for Index Ventures in relation to the establishment of their latest growth fund, Index Ventures Growth II which recently closed at €500 million.
Index Ventures are recognised as one of Europe’s leading technology investors. Index Growth II represents one of the largest funds raised for internet innovators for five years. This is Index's second late-stage fund, and will be targeted at technology companies that are growing fast but with substantial revenues, typically investing between €10m and €50m.
Sinead Meehan led the Ogier Jersey team assisted by Senior Associate Lauren Fletcher and trainee solicitor Kylie Maguire.
Sinead Meehan said “We have enjoyed working with Index Ventures for many years and are delighted to have advised in respect of their latest fund raising project on what is one of largest tech fund launches for a number of years. We are pleased to see the continuation of our relationship with Index and look forward to working with them on their future fund structures."