Langham Hall Supports Phoenix Equity Partners in Closing New Funds Totalling £600 Million
Langham Hall is pleased to announce its role as the fund administrator for Phoenix Equity Partners’ latest flagship private equity fund and the newly launched Growth Partnership Fund. Phoenix has successfully secured over £600 million in new commitments, with £400 million allocated to the flagship fund and an additional £200 million dedicated to the Growth Partnership Fund.
Phoenix’s flagship fund will continue its strategy of investing in high-growth, lower mid-market businesses across select sectors in the UK. The Growth Partnership Fund, on the other hand, represents a strategic move to deepen partnerships with two of Phoenix’s high-performing portfolio companies, Nineteen Group and Envisage Dental. Both companies were acquired from Phoenix’s previous flagship fund, demonstrating strong growth and success under Phoenix’s management, with a combined enterprise value now approaching £450 million.
As the fund administrator, Langham Hall worked closely with Phoenix Equity Partners and their legal advisors to ensure the smooth and compliant establishment of both funds. Our team provided comprehensive support throughout the process, from structuring and regulatory approval to the seamless onboarding of investors. The successful closing of these funds is a testament to the strength of the partnership between Phoenix, Langham Hall, and Carey Olsen.
“We are delighted to have supported Phoenix Equity Partners in the closing of their latest funds. This achievement underscores Phoenix’s continued ability to attract significant investor interest and highlights the strength of Guernsey as a premier jurisdiction for private equity funds. Langham Hall is proud to be a part of Phoenix’s ongoing success and looks forward to supporting their future growth and investment strategies.”
— Jon Young, Head of Guernsey
The successful closing of these funds enables Phoenix to continue its focus on backing UK-based businesses and entrepreneurs, reinforcing its position as a leading investor in the lower mid-market. Langham Hall is proud to support Phoenix in their mission to help businesses achieve their growth potential.
“It’s been a busy year for Phoenix, and the Langham Hall team have gone to great lengths to support the successful closing of our funds. We’re delighted to be supported by such a dedicated and responsive fund administration team and by the professional ecosystem of fund advisers that exists in Guernsey.”
— Louise Corner, Partner and Chief Operating Officer at Phoenix
Langham Hall are committed to providing high-quality fund administration services that facilitate efficient fund operations and robust investor relations. Our partnership with Phoenix Equity Partners exemplifies our dedication to supporting innovative investment strategies and our role as a trusted partner in the private equity landscape.