Akin Advised Expedition Growth Capital On €250 Million Fund II
Akin Advised Expedition Growth Capital On €250 Million Fund II
Akin Gump Strauss Hauer & Feld LLP has advised leading software growth equity firm, Expedition Growth Capital on the fundraising of its second fund, Expedition Growth Capital II (Fund II), at the hard cap of €250 million.
Fund II comes after Expedition's first fund in 2021, which Akin also provided advice for. Investors in Fund II include university endowments, charitable foundations, fund of funds, software entrepreneurs, and family offices from around the world.
Expedition Growth Capital (“Expedition”), a leading software specialist growth equity firm, today announced the closing of its second fund, Expedition Growth Capital II (“Fund II”), at the hard cap of €250 million ($270 million). Fund II will continue Expedition’s strategy of partnering with ambitious, rapidly growing European software companies that have achieved significant traction without external funding.
Akin served as fund counsel and was led by investment management partner Daniel Quinn and counsel Qasam Mahmood. They were joined by investment management counsel Michelle Liptakova, associate Raquel Gordon, tax partner Stuart Alter and tax counsel Mohammed Natha.
