International legal practice, Osborne Clarke has advised Savedo GmbH on the closing of a financing round. Savedo is the first international online marketplace for savings in other EU countries. Founded in 2014, the Berlin-based FinTech company has already raised USD 10 million for sustainable growth.

Savedo has raised USD 5.6 million from XAnge, FinLeap, Kreos Capital, Point Nine Capital, German Startups Group and WeltN24 (via a media-for-equity-deal). The fresh capital will mainly be used for product expansion and consistent internationalisation.

King & Wood Mallesons has advised Meridiam on the structuring of its third European infrastructure fund Meridiam Infrastructure Europe III S.L.P.

Meridiam Infrastructure Europe III S.L.P., closed on 22 April 2016 and has raised €1.3 billion in only four months. The fund is innovative due to its long term investment strategy (25 years). It is also the first raising of a “société de libre partenariat” (SLP) and the first ELTIF (European Long Term Investment Fund) in Europe.

Darrois Villey Maillot Brochier advised Kohlberg Kravis Roberts & Co. (KKR) on the sale by KKR International Flooring 2 S.à.r.L. of part of its stake in Tarkett, the global leader in flooring and sports surfaces.

The transaction was carried out through a private placement by way of an accelerated book building with institutional investors on 5.8% of the group’s share capital for a total amount of approximately 101.5 million euros.

Dechert LLP advised Cathay Innovation, Sino French fund and Nokia Growth Partners in connection with raising €31 million in a round for Drivy, the second largest French start-up operation in 2016 with operations in France, Germany and Spain. The funding round was led by Cathay Innovation and Nokia Growth Partners, in addition to three historical shareholders Ecotechnologies, Index Ventures and Via-ID.

In April 2016, CMP Capital Management-Partners GmbH, Berlin, and CMP German Opportunity S.à r.l., Luxembourg, successfully established the private equity fund CMP German Opportunity Fund III (CMP GOF III) with a volume of EUR 250m. CMP GOF III is organized as a master feeder structure in Luxembourg and is advised out of Germany. CMP GOF III was closed in a single hard cap subscription.

King & Wood Mallesons has advised UBS Wealth Management, the world’s largest global wealth manager, on the final closing of its $471 million UBS Oncology Impact Fund, an impact investing initiative aimed at developing cancer treatments.

Investments will be made in early stage oncology to accelerate the development of new cures. Cancer care is particularly appropriate for this kind of investment because of a supportive regulatory environment.

Simpson Thacher is representing Alibaba Group Holding Limited (“Alibaba”) and Ant Financial Services Group (“Ant Financial”) in connection with their investments of US$900 million and US$350 million, respectively, in Ele.me, a top online food delivery company in China with a base of 50 million users in 300 Chinese cities. As part of these investments, Ele.me will assume operation of the online food delivery service business of Koubei.com, an O2O e-commerce joint venture between Alibaba and Ant Financial.

Osborne Clarke has advised Phaidon International on its £18m raised investment from Muzinich & Co and HSBC Bank Plc.

London-headquartered Phaidon is an international micro-specialist recruitment group with significant operations in the US and Asia. The investment means Phaidon can continue its global expansion into new markets, as well as enable the management team to realise some of the value of the business they have built up, and reward and incentivise new management for the company’s next phase of growth.

Olswang has advised private equity firm Livingbridge on two multi-million pound investments.

In January 2016, Olswang advised on Livingbridge's investment in international procurement specialist Efficio.

King & Wood Mallesons has advised EDP Renewables Europe, a subsidiary of leading renewable energy company EDP Renováveis (EDPR), on the sale of a 49% stake in an asset portfolio of 23 onshore wind projects in Spain, Portugal, France and Belgium.

The 49% stake of the portfolio is being sold to Vortex, a fund led by Middle East investment bank EFG Hermes, for €550 million with completion anticipated in 2Q16. The full enterprise value of the total portfolio amounts to more than €1 billion.