LONDON, April 6, 2023 – Proskauer, a leading international law firm, announced today that it advised Bencis Capital Partners on the formation and closing of Bencis IV Continuation Fund (the "Continuation Fund").
The Continuation Fund attracted strong support from existing investors alongside several new institutional investors, private investors, family offices, founders, managers of former portfolio companies, and the Bencis team. The Continuation Fund will provide additional capital to support four portfolio companies from Bencis Fund IV: CurTec, The European Candy Group, Pressure Thermal Dynamics and Prinsen Berning in their further expansion and growth initiatives.
The Proskauer team was led by partner Nigel van Zyl and special funds counsel Lucie Rose and included associates Elise Crichton and Sharanya Sukumar (Private Funds). The team also included partners John Verwey and Robert Sutton (Regulatory), special regulatory counsel Amar Unadkat and associate Mark Audet (Regulatory), partners Mary Kuusisto and Stephen Pevsner and associates Emily Cummins and Emma McDonnell (Tax), partner Adam Scoll, partner Cameron Roper and associate Cormac Ryan (Fund Finance) and partner Rob Day and associate Antony Vitanov (M&A).