Gray is a Partner and heads up the Funds and Financial Services team. He has over twenty years' experience in the legal and regulatory aspects of both onshore and offshore funds and asset management. The core work of the team revolves around the establishment of hedge funds, private equity and property funds. In addition, Gray advises on regulated products including UCITS offerings, as well as the establishment of management entities both in the UK and elsewhere.

Gray also advises management teams on regulatory and structuring matters. His work in this area has included advising some of the largest hedge funds with regard to issues faced in recent downturns to assisting small start-ups with getting off the ground. With a strong background in offshore legal issues, Gray regularly advises on the offshore aspects of fund and asset management structures.

Gray is also qualified in the British Virgin islands, Cayman Islands and Ireland.

key experience

• Establishing some of the larger hedge funds managed out of London;
• Advising two of the ten largest UK hedge funds with regard to suspensions of redemptions and related issues during the recent downturn;
• Advising on the structuring of a pan-African private equity fund, investing in development projects through out the continent;
• Establishing niche segregated portfolio company products for managed account platforms and regulatory umbrella set-ups;
• Advising the European arm of one of the world's largest fund-of-funds, with regard to its operations in the UK and elsewhere.

Career History