TempoCap launch new VC fund
The HLaw funds team has advised TempoCap Limited on the successful launch of its Luxembourg-domiciled special limited partnership fund.
TempoCap focuses on primary and secondary growth investments into transformational technology companies.
Winston Penhall, Senior Consultant at HLaw, commented, “We are delighted to have worked with the TempoCap Team and congratulate it on the successful launch of the fund”.
Olav Ostin, Managing Partner at TempoCap, commented, “The launch of the Luxembourg-domiciled syndicated fund is key to the expansion of our portfolio company holdings and the continuation of our investment thesis.“
Deal/project: New fund launch
Date closed: September 2021
Space: VC funds
Other lawyers and advisors: Loyens & Loeff and Purrington Moody Weil advised as to Luxembourg and US law respectively.