NorthWall Capital’s European Opportunities Fund II Exceeded its Target and Doubled in Size from Predecessor Fund.
LONDON, June 20, 2024 – Proskauer, a leading international law firm, today announced it advised NorthWall Capital(“NorthWall”), a leading credit investment firm delivering private capital solutions to counterparties in Western Europe, on the closing of its flagship NorthWall European Opportunities Fund II and associated vehicles (“NWEOF II”).
The fund closed with more than €640m in investor commitments.
NWEOF II and associated vehicles more than doubled in size compared to its predecessor fund. It received strong support from new and existing global investors, which included pension funds, insurance companies, large institutional single and multi-family offices and private banks from across Europe, North America and APAC.
The €640m fund speaks to the momentous success of NorthWall’s European Opportunities strategy, which invests across the broad opportunity set in European opportunistic private credit by delivering scalable private capital solutions to counterparties in Western Europe.
The Proskauer team advising NorthWall was led by partner James Oussedik and associates Dongwei Wu, and James May (Private Funds); partner Jean Bertrand (US Tax) and partner Frazer Money and associates Gawa (Jiahua) Zeng and David Ward (UK Tax).
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