Macfarlanes has advised UK-based private equity firm August Equity on the raising of its latest flagship fund, Fund VI, which has closed at an increased hard cap of £350m.

Fund VI attracted a strong and diverse group of investors including US endowments, Asian pension funds, and top European groups from the Nordics, the UK, Continental Europe, and Southern Europe. Fund VI will follow August’s investment strategy of focusing on primary deals and investments in technology, compliance, education, and healthcare sectors.

The Macfarlanes private funds team for this matter was led by Senior Advisor Stephen Robinson, with assistance from Senior Associate Joshua Oyedele and Associate Jack Engelberg. Tax advice was provided by partner Joe Robinson, with Alicia Osei, and associate Alec Siegert.