Adelis Equity Partners announced the creation of a 430 million euro ($466 million) continuation vehicle to invest in Presto AB and HVD Group, portfolio companies in Adelis Equity Partners Fund II. The continuation vehicle was led by HarbourVest Partners. Stockholm-based Adelis Equity was advised by White & Case and an Akin Gump Strauss Hauer & Feld team led by investment management partners Simon Ellis and Daniel Quinn. The White & Case team was led by partner Shoan Panahi. Counsel information for Presto AB, which is based in Sweden, was not immediately available.
Investment Firms
February 26, 2024, 11:36 AM