Macfarlanes has advised London-based investment firm, Hollyport Capital LLP, on the raising of its sixth fund, Hollyport Secondary Opportunities VI, which has closed at its hard cap of $500m.

This represents a significant increase in assets under management for Hollyport Capital and an increase on their fifth secondaries fund which closed in November 2015 with commitments of £187.5m. Hollyport Capital plans to continue its focus on the mature private equity secondaries market and has already completed a number of investments for the new fund.   

The Macfarlanes team for this matter was led by investment management partner Christopher Good with assistance from senior solicitor Harriet Hamilton. Tax-related expertise was provided by tax partner James McCredie and tax solicitor Alex Ereira.