This post first appeared at Private Equity Wire.

Fried Frank has advised RoundShield Partners (RoundShield) on the successful raising of its third European special opportunities fund.

The fund was almost three times oversubscribed and closed at its hard cap of EUR500 million within three months of launch. RoundShield now advises approximately USD1.4 billion across three funds and several co-investment vehicles. Commitments were made primarily by existing institutional investors from the United States, the UK and Europe.
RoundShield is an independent investment firm focused on European asset-backed special opportunities.
Mark Mifsud, asset management partner at Fried Frank, says: “Fried Frank looks forward to continuing to work with RoundShield as they develop their portfolio and offer exciting opportunities to investors.”
The Fried Frank team was led by asset management partner Mark Mifsud, and included asset management associates James O’Shea and Robert MacVicar.