London, January 24, 2022 – Proskauer, a leading international law firm, announced today that it advised venture capital firm Blossom Capital on the formation of Blossom III. The fund raised $432 million to invest in early-stage technology startups in Europe.
Blossom Capital has become the largest investor focused solely on Series A in Europe. Since 2018, Blossom Capital has backed some standout European companies and raised close to $1bn.
The Proskauer team in London was led by private funds partner Edward Lee and included private funds partner Nigel Van Zyl, tax partners Mary Kuusisto and Catherine Sear, regulatory partners Kirsten Lapham and John Verwey, special funds finance counsels Cameron Roper, special tax counsel Richard Miller and special regulatory counsel Amar Unadkat, private funds associates Tosin Adeyeri, William Gomes, Olivia Short and Se Young Kim and tax associates Philip Gilliland and David Ward.
The Proskauer team in the U.S. included private funds partners Camille Higonnet and Christopher Wells, senior counsel David Marcinkus, senior counsel Adam Scoll, and private funds associate Kaitlyn Flynn-Rozanski and corporate associate Susan Wiener.
In the past 12 months, Proskauer has advised on the formation of over 300 funds and bespoke investor vehicles globally, representing more than $150 billion in targeted commitments.