Funds and Financial Services
In an evolving regulatory and investment landscape, having the correct structure for management and investors has never been more important. The new environment is throwing up opportunities, but it is also vital to keep ahead of the various challenges being faced by the industry as regulators the world over introduce a constant stream of new requirements.
WHY WE ARE DIFFERENT
Our Funds and Financial Services team has vast experience in both onshore and offshore structures and prides itself on working closely with managers to ensure that management entities are set up in the most advantageous manner. Additionally, funds are looked at from all angles, not least that of potential investors, in order to achieve the most efficient structure to be able to promote and operate the fund, and allow investors to benefit from a regulatory and tax efficient set-up.
Mishcon generally has a very entrepreneurial client base, and that matches well with small and medium-sized management teams. We can help provide project management during fund formation, and be an extra member of the team, freeing up the principals to focus on fund raising and investment strategy.
Emerging markets has been an area where we have particular expertise, with many funds established focussing on India, Africa, South America and Russia.
On the finance side, we can assist with all arrangements for leverage and other third party financing.
SERVICES
- Private and regulated fund structuring and establishment
- Fund promotion and operation
- Onshore and offshore fund products
- Stock Exchange listing
- Tax advice to the fund, manager and investors
- Structuring and formation of the manager/advisor
- Investment support – due diligence, seed investor agreements
- Service provider and counterparty agreements
- Reorganisation, terminations and liquidations
- Property Investment
- Financing arrangements
- Employment issues
- Disputes and regulatory issues
EXPERIENCE
- Advising Saffron Capital Advisors Limited on the establishment of Saffron India Real Estate Fund I, a US $100m fund established to invest in India real estate
- Structuring and establishing the K2 Property Fund, a €220 million fund for investment in Indian real estate, domiciled between Mauritius, Cyprus and Jersey, and the subsequent listing of the fund on the Euronext market as Yatra Capital Limited
- Advising ACP Capital Limited, a Jersey-based niche investment and fund manager, on their listing and £50 million fundraising, and ACP Mezzanine Capital on their listing and €100 million fundraising and mezzanine fund, and on their programme of investments
- Advising Wessex Asset Management Ltd regarding the formation, structuring and listing of its third fund, Wessex Global Water Fund, and fourth fund, Wessex Gold Fund on the Irish Stock Exchange
- Acting for Wermuth Asset Management and Greater Europe Fund on various matters, including a US$40 million investment in the US oil and gas sector
- Advising Moor Park Capital Partners LLP on the formation and reorganisation of a €100 million European property fund, and on their programme of investments
- Advising Saffron Capital Advisors Limited in Mauritius on the sale of their subsidiary in India to IL&FS Investment Managers, and on their merger with IL&FS Investment Advisors
- Acting for Firestone FZE on the establishing of the Diamantisse Diamond Fund, and on $200m fundraising
- 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