Member Article

Carey Olsen and Alter Domus advise Corten Capital on new €680 million fund

The successful completion of this fundraising will allow Corten to work towards its strategy to partner with talented management teams to build market leading business software, services and data companies across Europe and North America.

The Carey Olsen Guernsey team who provided Corten with Guernsey legal advice on the fund structuring and launch was led by partner David Crosland, supported by senior associate Jessica Dewsnip and associate Daniel Long.

The Alter Domus team which supported the launch comprised country executive Tom Amy, manager Ryan Harris and senior officer Sam Martel.  The ongoing administration, reporting and regulatory services provided by Alter Domus to the Corten Capital II structure are delivered by teams led by associate director Sarah Lacey, and senior managers Jordan Smith and Stuart Foster.

David Crosland commented: "As Guernsey's leading legal adviser in the investment funds sector, Carey Olsen is pleased to have once again supported Corten on this successful fund raise.  Corten's success in securing commitments from all of its existing investors, together with a number of new endowment style investors from the United States, is a testament to the impressive start made by Corten since its inception, and Guernsey's position as a leading domicile for first-class fund managers."

Tom Amy, Country Executive Guernsey at Alter Domus, said: “We are delighted to continue to build upon our close relationships with the Corten Capital team and look forward to supporting their deployment of capital in the B2B Software & Services sector.”