Elvinger US advised Great Hill Partners with the establishment and closing of their first Luxembourg fund within the newly launched platform Great Hill Equity Partners IX

Elvinger US advised Great Hill Partners with the establishment and closing of their first Luxembourg fund within the newly launched platform Great Hill Equity Partners IX.

Also thanks to the addition of this successful Luxembourg sleeve, Great Hill Partner’s ninth-generation private equity funds had an impressive fundraising. The fund oversubscribed and closed with commitments totaling $7 billion, significantly exceeding the $5 billion target; the fundraise reached its hard cap five months after its formal launch. The funds target investments in high-growth, disruptive companies across the software, financial services, healthcare, consumer, and business services sectors.

The legal advice provided by Elvinger US covered both the formation and fundraising of the Luxembourg funds. Partner Nicolas Fermaud led the Elvinger US funds team, comprised of Senior Associate Mattia Morani, Associate Sam Faure Vincent, and law clerks Maureen Pradal and Carla Legrosdidier. Elvinger Hoss Prussen’s team was led by Partner Jérôme Wigny.