Charles Russell Speechlys advises IDG Capital Partners on its investment in Farfetch
6 May 2016
Charles Russell Speechlys has acted as the legal adviser to IDG Capital Partners (IDG), the venture capital firm focussed on Chinese companies, on its investment in the online luxury fashion platform, Farfetch.com. Founded in 2008 by entrepreneur José Neves, the online shopping platform, headquartered in London, has grown to showcase more than 1,000 brands.
IDG Capital Partners was one of the lead investors, alongside Temasek and Eurazeo, in the $110 million Series F funding round.
Commenting on the transaction, Malcolm MacDougall, head of Private Equity at Charles Russell Speechlys said “We are delighted to have advised IDG Capital Partners on its investment in Farfetch, to help take the company to the next stage of development internationally, particularly in China”.
The Charles Russell Speechlys team was led by Head of Private Equity Malcolm MacDougall and Private Equity Associate Nicola Baird.