Foley adviseert Five Elms Capital in $1,1B Fonds VI voor ondersteuning van snelgroeiende softwarebedrijven

Foley & Lardner LLP trad op als juridisch adviseur van Five Elms Capital, een op software gerichte participatiemaatschappij, in verband met het sluiten van Five Elms VI in oktober 2024 met $ 1,1 miljard aan totale toezeggingen.

The oversubscribed fund is Five Elms’ largest to date, drawing strong participation from both existing and new limited partners and meaningfully expanding Five Elms’ global investor base. With the close of Fund VI, Five Elms has increased assets under management to over $3 billion and is empowered to continue acting as a trusted partner for fast-growing, founder-led software companies.

The Foley team was led by Fund Formation & Investment Management (FFIM) partner Stephen Meli and senior counsel Chris Ullman, tax partner David Makso, and finance of counsel Matthew An with support from FFIM associates Nolan Binney and Lauren Douglas and paralegal Cecilia Hanlin.