Connect with us

Investing

Bedell Cristin Guernsey advises on the launch of a new private investment fund

Kate Ovenden

By Kate Ovenden

Bedell Cristin Guernsey has acted again as lead adviser to EV Private Equity, an independent growth equity firm focussing on new technologies in the oil and gas sector, on the launch of its latest Guernsey fund, EV Private Equity V Plus LP, a Guernsey private investment fund (PIF).

Bedell Cristin worked closely with the PIF’s Norwegian counsel, Alex Lund of Advokatfirmaet CLP DA and Aztec Financial Services (Guernsey) Limited, the PIF’s administrator.  The PIF was structured as a closed-ended limited partnership to make investments in oil and gas services companies which deploy technologies to enable oil and gas exploration and production companies, to increase productivity, lower cost and lower risk.

Bedell Cristin’s team was led by Guernsey Managing Partner, Kate Ovenden and Managing Associate, Lee Osborne.  Commenting on the fund launch, Kate said:

“Since the introduction of this new type of fund in late 2016, it has been a popular route to launch private funds where a close relationship exists between managers and investors.   We were delighted to be instructed again by EV Private Equity in the launch of this PIF, which attracted substantial investment in its first closing and for which a second closing is scheduled for later in the year.”

Editorial & Advertiser disclosure
Our website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.
Global Banking and Finance Review Awards Nominations 2021
2021 Awards now open. Click Here to Nominate

Recommended

Newsletters with Secrets & Analysis. Subscribe Now