February 19, 2020 (BOSTON) – International law firm Proskauer advised Atomico on the formation of Atomico V, an $820 million investment fund, dedicated to investments in Europe's technology hubs.
Atomico V was oversubscribed, closing above the target of $750m to take Atomico's total AUM to $2.7B. Investors in this fund included a mix of high caliber global institutional investors, existing and new, including pension funds, fund-of-funds, sovereign wealth funds, insurance companies, endowments, banks, family offices and government-backed entities from across the world.
The Proskauer team included partners Howard Beber (Private Funds), Brian Schwartz (Private Funds), Catherine Sear (Tax), John Verwey (Private Funds), as well as associates Alex Martin (Private Funds), Elise Brown (Corporate), Qasam Mahmood (Private Funds), Rebecca Wallis (Tax), and Amar Unadkat (Private Funds).
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 150 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.