This website will offer limited functionality in this browser. We only support the recent versions of major browsers like Chrome, Firefox, Safari, and Edge.

Search the website

Private funds

Our private funds practice offers expert advice and guidance on the establishment of, and investment in, alternative investment funds across a number of asset classes, and associated regulatory matters.

Low saturation close-up of London Gherkin at ground level

Our investment funds work includes advising a broad range of clients across the funds and financial services sector.

We have considerable experience advising fund managers on all aspects of investment funds, including structuring, formation and operation of funds across different asset classes (including private equity, infrastructure, real estate and commercial forestry), together with the regulatory aspects of such transactions. We regularly advise institutional investors including pension schemes (both public and private sector) and family offices on the terms of their investments in alternative investment funds in a number of jurisdictions.

Our established international network allows us to have a global reach across multiple jurisdictions which ensures a seamless service for our clients. This, coupled with our expertise and breadth of experience, positions us as leading trusted advisors to the private funds sector.

As part of a wider financial services group that brings together specialist lawyers from across the firm, we collaborate to offer comprehensive, commercially focused and solutions-driven advice.

Services

Fund formation and operation

We advise on fund establishment, subsequent closings and operation of funds, along with associated regulatory matters including marketing.

Scottish Limited Partnership (SLPs)

We advise on the establishment and use of SLPs, which are commonly used in fund structures.

Fund investments

We regularly advise investors including pension schemes and family offices on the terms of their investments in alternative investment funds.

Fund finance

We work alongside our banking colleagues on the use of facilities in fund structures.

Find out more

Regulatory aspects of private funds

We advise on regulatory requirements in relation to funds, including operator and management agreements.

Find out more

Examples of our work

Sustainable investment funds

Advising a UK asset manager on the structuring and establishment of new sustainable investment funds, additional fundraises and co-investments, together with the regulatory aspects of such transactions.

Bespoke fund vehicles

Advising in relation to bespoke fund vehicles to invest in transactions, structured as Scottish limited partnerships.

Fund investments

Advising numerous investors, including family offices, pension schemes and other investors in relation to fund investments across a number of asset classes (including private equity/venture capital, infrastructure and real estate funds).

Investment fund proposition

Advising a UK asset manager on its UK real estate investment fund proposition.

Regulatory aspects of partnerships

Advising on the regulatory aspects of partnerships amounting to collective investment schemes/alternative investment funds including operator and management agreements and marketing of funds under AIFMD.

01
05

What others say

“The breadth and experience of the team mean that they are able to support the entire range of matters that typically arise.”

Chambers UK 2024

“The strongest element is the team's commercial awareness and ability to contextualise and provide advice that is based on practical realities, rather than black letter law or academic opinions.”

Chambers UK 2024

“Expert knowledge, friendly, and very responsive and collaborative.”

Legal 500 UK 2024

01
03