August 29, 2018 (LONDON) – International law firm Proskauer advised Litorina Capital Advisors on the closing of Litorina V at the 3 billion SEK target, representing a 20% increase to Litorina IV. The fund will be used to invest in primarily Swedish companies with a value of 200-1000 million SEK.
Litorina is a Swedish private equity firm, focusing on acquiring and industrially developing companies together with their management teams.
The Proskauer team included partner Nigel van Zyl, special regulatory counsel John Verwey and Tony Drenzek, and associates Nick Rose and Kim Mai Nguyen (Corporate); partner Mary Kuusisto (Tax); senior counsel Adam Scoll (ERISA).
Proskauer offers a full suite of services for the investment management industry, with a market-leading global team dedicated solely to advising asset managers, investment funds and their advisers, financial institutions and institutional investors across the asset class. The cross border team of over 130 lawyers is based in the U.S., UK, Asia and Latin America and includes specialists in tax, ERISA, regulation, financial services, employment, insurance, fund finance, litigation and risk management who understand the unique technical and commercial issues relevant to investment managers.