Unquote interviews Sam Kay from Travers Smith, finalist in the Law Firm Of The Year – Fund Structuring category for the 2020 British Private Equity Awards.
Partner Sam Kay says fundraising remained resilient under lockdown this year, but that a number of these processes had started prior to the Covid-19 crisis. Another key focus point for Travers Smith over recent months has been fund financing, and more generally portfolio management for funds.
Kay argues that, rather than being a short-term adaptation to the coronavirus restrictions, the new methods developed to continue fundraising could become the new normal for private equity.
Deal is Recover's 23rd acquisition since it was established six years ago, and the third since being acquired by EQT
Gimv formed the climate control business in 2016 by merging Itho Daalderop and Klimaatgarant
Corporate venture arm Shell Ventures leads the round for the IoT energy systems software platform
GP invests in the company via Wisequity V, which closed on its €260m hard-cap in July 2019