Our Investment Management team is pleased to have assisted AshGrove Capital on the Luxembourg aspects, including fund formation, fund finance, GDPR and tax, of their second fund AshGrove Specialty Lending Fund II, closed at its EUR 650 million hard cap.

AshGrove Capital is a pan-European specialty lender based in London, aiming to provide tailored credit solutions to small and mid-sized European companies within B2B software and services. The fund’s objective is to provide tailored financing to its portfolio companies, at various stages of development, from scaling up operations to expanding into new markets or pursuing M&A.