Queen's Park Equity Secures Impressive Fundraise for QPE Fund II
Funding | Apr 03, 2025 | Carey Olsen
Queen's Park Equity has successfully launched its second fund, QPE Fund II, with the expert legal and advisory assistance of Carey Olsen and IQ-EQ. The fundraising was completed in just four months, attracting substantial participation from existing investors and welcoming new contributors, cumulatively achieving a display of investor confidence with a re-up rate of 114%. This significant achievement marks a more than 50% increase from their first fund, which closed at 202 million, underscoring the firm's deliberate strategy to partner directly with founders and entrepreneurs within the education, health and pharma, and tech services sectors. The fund launch was supported by a diverse and prestigious LP base, including endowments, foundations, institutional family offices, pension funds, and fund-of-funds. The advisors from Carey Olsen, including partner David Crosland, alongside the team from IQ-EQ led by Tim Wilson, played a critical role in the fund's successful launch, reinforcing Guernsey's reputation as a premier jurisdiction for private equity operations.
Sectors
- Private Equity
- Finance and Investment
- Legal Advisory
Geography
- Guernsey – Guernsey is highlighted as a leading jurisdiction for the establishment of private equity funds and is where the advising teams from Carey Olsen and IQ-EQ are based.
- United Kingdom – The target market for Queen's Park Equity's investment strategy through QPE Fund II.
Industry
- Private Equity – This relates to Queen's Park Equity's activities in raising a private equity fund, QPE Fund II.
- Finance and Investment – The article highlights investment activities, including the roles of various financial advisers and entities involved in fund management and administration.
- Legal Advisory – Carey Olsen's role in advising Queen's Park Equity signifies the involvement of the legal advisory industry.
Financials
- 202 million – The total amount for QPE Fund I that closed oversubscribed.
- 114% – Re-up rate indicating continued support from existing investors.
- 50% – More than a 50% increase in the amount raised for Fund II compared to Fund I.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Queen's Park Equity | Investment Firm | Company | The firm launching QPE Fund II, focused on sectors such as education, health and pharma, and tech services. |
| Carey Olsen | Legal Advisor | Company | Provided legal advisory services for the launch of QPE Fund II. |
| IQ-EQ | Fund Administrator | Company | Provided fund administration services supporting the launch of QPE Fund II. |
| David Crosland | Partner at Carey Olsen | Person | Led the Carey Olsen team advising on the fund launch. |
| Tim Wilson | Funds Director at IQ-EQ | Person | Led the IQ-EQ team supporting the fund launch. |