The London Private Investment Funds team advised Cubera Private Equity on the structuring and fundraising of its latest fund, Cubera IX. Cubera IX closed at its hard cap of €524 million, forming the largest ever Nordic secondaries fund.
Cubera IX received backing from a range of leading European investors (predominantly pension funds and family offices) and intends to invest in other Nordic private equity funds.
The successful fundraising of Cubera IX continues the longstanding relationship between Cubera Private Equity and Goodwin’s Private Investment Funds team, who advised on Cubera’s Funds VII and VIII and also provided advice in relation to Cubera’s merger with Storebrand’s private equity operation in 2019.
Goodwin’s European team was led by Ed Hall and Simon Prosser, working with Laura Charkin and Hamel Patel, Charlotte Haywood and Priya Patel. The European team were supported by firm’s global network of specialist lawyers including U.S. Regulatory and Tax.
For additional details on the offering, please read the press release.