Private Equity Funds
Our investment funds group has acted for private equity managers since the 1980s. We remain a market leader in all aspects of private equity fundraising. We are particularly proud of our long history of supporting and advising investment professionals as they establish their own firms and raise their first institutional fund.
- Our practice is international. The majority of the funds that we advise are domiciled outside the UK. This means that we are jurisdiction-neutral and will start from a blank slate in determining the best transaction model for any new project; we will not shoehorn clients into a fund structure that is easier for us to implement but does not achieve their commercial objectives. We are also hugely experienced in helping clients navigate the marketing rules that apply to different fund structures accessing key global investor markets.
- Our practice is multidisciplinary. We include team members who are experts on fund level taxation, executive tax advice, employment arrangements, financial services regulation, derivatives, and corporate governance. We design a structure that works both for investors and the fund sponsor. We establish investment management businesses that work not just for the first fundraise but for future vintages, and which are appropriate for a global and mobile employee base.
- Our practice benefits from our wide-ranging experience. We regularly advise larger institutional investors on their private equity investment programmes, which gives us an unrivalled insight into what investors really think about current terms and trends. Our experience of advising on other strategies (such as credit, hedge, listed structures and retail-focused funds) gives us a complete view of the fundraising market and means we can identify transactional solutions from one product area that may be well-suited to another. Our credibility in the retail market means we are uniquely placed to support private equity houses on “retailising” their strategy with innovative products for the defined contribution pension and wealth management market, or advising on new market requirements such as environmental, social and governance characteristics.
In all that we do, we aim to give our private equity clients the benefit of our experience in a bespoke and commercial manner.