P+P Pöllath + Partners Partners advises in 700 million Euro fundraising of DBAG Fund VI

P+P Pöllath + Partners advises in
700 million Euro fundraising of DBAG Fund VI

Berlin, August 7th, 2012

The Deutsche Beteiligungs AG (DBAG) successfully concluded the fundraising of the new Private Equity Fund DBAG Fund VI advised by it after only four months at the targeted hard cap of 700 million Euros. The capital will be invested in management buy-outs of mid-cap companies.

More than 30 investors committed capital of more than 567 million Euros; in addition, DBAG will co-invest more than 133 million Euros. With 14% of capital commitments from Asia (calculated on the basis of EUR567 m), 25% US investors and 19% German investors DBAG further strengthened its international investor base.

The listed entity DBAG (www.deutsche-beteiligung.de) is one of the leading private equity houses and with almost five decades of experience is one of the pioneers in the industry in Germany. DBAG focuses on market-leading Mittelstand (mid-cap) enterprises in Germany and the European neighboring countries. It invests on its own balance sheet and manages and advises parallel funds; including the new fund DBAG now manages and advises in the aggregate more than one billion Euros.

Already in the past P+P Pöllath + Partners frequently advised DBAG in connection with all legal, regulatory and tax issues in the fundraisings. Inter alia, P+P advised on the fund structuring considerations of the coordination of a listed private equity house and a long-term private equity fund.

Advisor Deutsche Beteiligungs AG:
P+P Pöllath + Partners, Frankfurt, Berlin
Dr. Andreas Rodin, Partner, Lead
Dr. Fabian Euhus, Associate

Carey Olsen, Guernsey
Tom Carey, Partner
Nick Tye, Associate

P+P Pöllath + Partners is an internationally operating law firm, whose 32 partners and nearly 100 lawyers and tax advisors in Berlin, Frankfurt and Munich provide high-end legal and tax advice.
The firm focuses on transactional advice and asset management. P+P partners regularly advises on corporate/M&A, private equity and real estate transactions of all sizes. P+P has reached a leading market position in the structuring of private equity and real estate funds and tax advice and enjoys an excellent reputation in corporate matters as well as in asset and succession planning for family businesses and wealthy individuals.
P+P partners serve as members of supervisory and advisory boards of known companies. They are regularly listed in domestic and international rankings as the leading experts in their respective areas of expertise.

Press contact:
Monika Goede, Kardinal-Faulhaber-Str. 10, 80333 München
Tel. +49 (89) 24240-228, E-Mail: monika.goede@pplaw.com