MML Capital Secures €1 Billion Fund VIII Closure
Funding | Jul 08, 2025 | Proskauer Rose (UK) LLP
Leading law firm Proskauer announced its role in advising MML Capital, an international mid-market private equity firm, on the closure of its latest fund, MML Partnership Capital VIII. The fund, which closed at €1 billion, was oversubscribed and significantly larger than its predecessor. The fund saw strong backing from existing investors and welcomed 11 new institutional investors, including sovereign wealth funds and insurance companies. The Proskauer advisory team was led by partner Duncan Woollard and included associate Zuaib Kassam and partner Gwenal Kropfinger. Proskauer, known for its substantial legal expertise, supports a wide range of financial services and investment management clients globally.
Sectors
- Private Equity
- Legal Services
- Financial Services
Geography
- United Kingdom – Proskauer's office in London was involved in advising the fund closure.
- Global – The fund attracted investors from across the globe, emphasizing its international reach.
Industry
- Private Equity – The article discusses the activities of MML Capital, a private equity firm, in closing a substantial new fund.
- Legal Services – Proskauer, a law firm, played a significant advisory role in the closing of the fund.
- Financial Services – The fund closure involved various financial services entities like asset managers and insurance companies.
Financials
- €1 Billion – Total size of the newly closed MML Partnership Capital VIII Fund.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| MML Capital | Private Equity Firm | Company | An international mid-market private equity firm focused on partnership investments. |
| Proskauer Rose LLP | Legal Advisor | Company | A leading international law firm providing legal expertise in complex financial transactions. |
| Duncan Woollard | Partner | Person | Led the Proskauer team advising MML Capital. |
| Zuaib Kassam | Associate | Person | Part of the Proskauer team advising on the fund closure. |
| Gwenal Kropfinger | Partner in Paris | Person | Provided tax-related advice for the Proskauer team. |