Travers Smith LLP has advised Carlyle on the successful launch of Carlyle AlpInvest Private Markets SICAV-UCI Part II ("CAPM").
Carlyle’s new evergreen private equity strategy offers investors worldwide (except the US) access to a global portfolio of private market investments and is managed by Carlyle’s Global Investment Solutions business, AlpInvest. The strategy aims to provide immediate, diversified, and continuous access to global private equity buyout markets by strategically allocating primarily across AlpInvest’s secondary and co-Investment fund opportunities, as well as offering exposure to primary fund investments. CAPM is now available to select private banking partners and financial advisors.
The Travers Smith team was led by Funds Partner Will Normand, with support from Funds Senior Associate Blanche Dsouza and Funds Associates Katie Bench and Peter Eaton. Support was also provided by Financial Services & Markets Partner Henriika Hara, Tax Partner Emily Clark and Tax Senior Associates Sarah Roman and Aimee Hutchinson.
Will Normand commented: "We are delighted to have advised Carlyle on the launch of CAPM. The retailisation of private capital is being widely spoken about in the market and the Travers Smith Asset Management team is at the forefront of advising on a new range of structures that specifically target wealth management clients who want to invest in alternative asset classes. We look forward to continuing to support their efforts in the coming months."
