KWM advises All Iron Ventures on its first fund structuring

King & Wood Mallesons has advised All Iron Ventures on the closing of its first fund, All Iron Ventures I

The new fund All Iron Ventures I has reached investment commitments of €66.5 million. The new investment vehicle has the participation of approximately 150 investors, including several family offices and successful entrepreneurs.

The volume committed to this first fund, summed up to the contributions made by the founding partners of the All Iron Group (Ander Michelena and Jon Uriarte) and by other investors, raises All Iron total investment firepower to close to €110 million.

KWM’s funds team partner Ildefonso Alier (pictured left) has overseen the coordination of the multidisciplinary team of lawyers who has advised All Iron in this project, including associate María de Orueta (pictured right).

As Ildefonso Alier pointed out: “the success achieved by All Iron Ventures with this first fund shows, once again, the good times currently being enjoyed by Venture Capital sector in Spain, where numerous investment vehicles with this strategy have been closed over the last few months.”