Debevoise & Plimpton LLP has advised asset management firm DBAY Advisors on the successful raising of its third investment vehicle, DouglasBay Capital III Fund. The fund will continue DBAY Advisors’ investment strategy of making investments in small and micro-cap listed companies in Europe.

A diverse group of institutional investors in Europe and the US supported the raise, with commitments from pension funds, family offices, asset managers, trusts and foundations.

DBAY Advisors’ core team has been working together for over 15 years and combines a diversified set of skills from financial and operational backgrounds, with deep insight into a number of industry sectors.

The Debevoise team advising DBAY Advisors was led by Geoffrey Kittredge, and included associates Tom Hodge and Kay Hunter. Tax advice was provided by partners Richard Ward and Matthew D. Saronson, and associates Paul Eastham and Patrick Fasoro.

Debevoise & Plimpton LLP is a premier law firm with market-leading practices, a global perspective and strong New York roots. We deliver effective solutions to our clients’ most important legal challenges, applying clear commercial judgment and a distinctively collaborative approach.