Debevoise & Plimpton LLP has advised Metric Capital Partners (“Metric”) in its successful fundraising for MCP Private Capital Fund IV (“MCP IV”), its European special opportunities fund.

MCP IV attracted commitments of €1.2 billion, which exceeded its targeted fund raising figure of €1.1 billion, from a wide range of institutional investors across Europe, Asia and North America. For full details, see here.

Debevoise has previously advised Metric in a number of matters, including the successful fundraising of €850 million for MCP Private Capital Fund III, the predecessor to MCP IV (see details here).

The Debevoise team advising Metric was led by London partner Geoffrey Kittredge, and included partner Patricia Volhard, international counsel Matthew Dickman, and associates Nick Kagan and Nicola Bruton. Tax advice was provided by partner Richard Ward, and associates Patrick Fasoro and Paul Eastham.