Hedge Funds

For more than 25 years, our international hedge fund team has worked to advise some of the world's largest institutional investment managers on open-ended investment fund matters. We also pride ourselves on providing an equivalent level of dedication and guidance to new market-entrants and emerging managers, taking a collaborative approach to working to ensure that the launch process is streamlined and that the administrative complexity and costs are kept to an absolute minimum.

The department prides itself on its ability to provide commercial and practical advice, working with some of the very largest and most prestigious hedge fund clients globally on all aspects of the investment fund life-cycle, as well as downstream transactional matters. Through our network of international offices (including BVI, Cayman, Jersey, Luxembourg and Hong Kong), we frequently advise clients in respect of complex multi-jurisdictional structures, with parallel vehicles and offerings to suit commercial and regulatory needs.

Our practice team regularly advises hedge fund managers on matters such as relocations, jurisdictional economic substance requirements, outsourcing arrangements, cross border distribution and financial services regulation.  We also provide services to existing and prospective investors, including reviewing fund documents, compiling due diligence reports, preparing legal opinions and reviewing side letters.

 

Services

  • Fund structuring and formation
  • Seed investment deals and side letters for established hedge funds
  • Regulatory compliance, including fund registration and licensing, AML advisory, Economic Substance compliance, beneficial ownership regime requirements, tax information exchange matters and responding to regulatory inspections and investigations
  • Downstream acquisitions and disposals and holding structures
  • Cross border distribution restrictions and data protection matters
  • Investment Manager establishment and ongoing compliance, including JV ownership considerations and fee/allocation mechanics
  • Advising on side letters
  • Ongoing advisory services on corporate governance matters
  • Full spectrum of wind-down scenarios, including contentious and non-contentious restructuring, solvent and insolvent liquidations, illiquid asset disposals, suspensions and termination alternatives

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