P+P advises PINOVA Capital on structuring and fundraising for the second private equity fund
PINOVA Fund 2 is a private limited partnership, structured in line with the EuVECA regulations. With the second fund PINOVA continues its successful strategy of making majority and qualified minority investments in high-growth, small- and medium-sized companies in Germany defined as the "Innovativer Mittelstand".
The investors are based in various jurisdictions and include institutional investors, FoF as well as high net worth individuals.
P+P comprehensively advised PINOVA Capital on all legal, tax and regulatory aspects of fund structuring, contractual documentation and the negotiations with investors with the following team:
- Dr. Peter Bujotzek (Partner, Private Funds/Tax, Lead, Frankfurt)
- Juliane Seiferth (Associate, Private Funds/Tax, Berlin)
- Lennart Lorenz (Associate, Private Funds, Frankfurt)
In 2008 P+P Pöllath + Partners had already advised PINOVA Capital on the closing of Fund 1 with a fund volume of EUR 150m.