Collas Crill advises on significant Asian private equity fundraising

Collas Crill's private equity team has advised on the Cayman Islands law aspects of Axiom Asia IV, L.P., a private equity fund of funds which raised US$1.028 billion.

Consistent with its predecessor funds, Axiom Asia IV, L.P. will continue Axiom’s proven strategy of offering investors access to a portfolio of top-tier, Asian-focused private equity funds that can provide attractive risk-adjusted returns.

The fund will invest in buyout, venture capital, growth capital and other private equity funds.

Collas Crill's team consisted of Singapore-based group partner Leon Santos, Cayman Islands-based partner Joss Morris and senior associates Kathryn Smith and Gareth Morgan.

Onshore counsel was provided by Dechert LLP, led by partner Dean Collins.

Leon said: "We are delighted to have worked with Axiom and the team at Dechert in what is one of the most significant recent fund raisings for Asia, fielding our team from across our Singapore and Cayman Islands offices.This deal highlights our expertise in the private equity space."

Joss said: "We congratulate the Axiom and Dechert teams on this successful fund raising which is also representative of the close inter-office working relationship of the Collas Crill private equity team and the calibre of our funds clients across our offices."