P+P advises CMP on closing of CMP German Opportunity Fund III (Volume: EUR 250m)

In April 2016, CMP Capital Management-Partners GmbH, Berlin, and CMP German Opportunity S.à r.l., Luxembourg, successfully established the private equity fund CMP German Opportunity Fund III (CMP GOF III) with a volume of EUR 250m. CMP GOF III is organized as a master feeder structure in Luxembourg and is advised out of Germany. CMP GOF III was closed in a single hard cap subscription.

Similar to the predecessor fund, the CMP GOF III fund is focused on investments in midsize companies with solid core businesses, but which are currently in a crisis situation (turn-around investment strategy). The investors are based in Europe, North America and Asia.

CMP Capital Management-Partners GmbH was established in 2000 and is thereby one of the first private equity companies in Germany specialized in companies requiring restructuring. The focus is on midsize firms in the DACH region (Germany, Austria and Switzerland).

P+P Pöllath + Partners comprehensively advised CMP on all legal, tax and regulatory aspects of fund structuring, contractual documentation and negotiations with investors with the following team:

• Dr. Peter Bujotzek (lead partner, private funds/tax, Frankfurt)
• Fabian Euhus (counsel, private funds, Berlin)
• Eric Olmesdahl (associate, private funds, Frankfurt)

Arendt & Medernach supported P+P Pöllath + Partners (lead) with regard to legal issues in Luxembourg.

P+P Pöllath + Partners advised CMP in 2011 on the closing of the CMP German Opportunity Fund II with a fund volume of EUR 175m.