J Berwin’s funds team has advised on its second closure this month with the launch of Wheb Ventures’ £105m Clean Technology Investment Fund.
The close of the venture capital fund follows that of the £450m Phoenix fund earlier this month, with private equity funds partner Josyane Gold leading
on both of the deals. Tax partner Dominic Adams also featured on both transactions.
The City firm has a longstanding relationship with Wheb Ventures, although this is the first cleantech fund on which the SJ Berwin team has acted for the client.
Gold, one of the founding partners of SJ Berwin’s fund formation practice, said the latest deal is a sign that funds work is returning, with financiers now looking to invest in a wider range of vehicles.
