‘European Legal Simmons & Simmons has a highly specialised asset management and investment
Adviser of the funds team. We advise on the full range of legal and regulatory issues for
Year’ institutional and specialist asset management firms internationally, and are
Funds Europe Awards 2006 to recognised by the legal directories as being one of the leading firms in the sector.
The team in London is led by 14 partners and supported by 35 associates and 17
other legal staff. The wider international team operates primarily from our offices
in Amsterdam, Frankfurt, Hong Kong, Madrid, Milan and Paris.
Winner of ‘Legal
Firm of the Year’
Global Investor Awards 2008 Our services
The focus of our practice is on Retail funds – advising asset and over-the-counter products
the following key areas: managers on the launch, (eg ISDAs and repurchase
restructuring, promotion and agreements).
Fund structures operation of UK unit trusts
Hedge funds – advising
and open-ended investment Corporate M&A
hedge fund managers on companies (OEICs), Focusing on mergers and
the full range of issues UCITS funds (including acquisitions, ownership
Winner of ‘Best relevant to the launch and Luxembourg and Irish funds) structures and IPOs of client
Law Firm’ management of hedge and other funds available for businesses in this sector, we
Hedge Fund Journal Awards funds and funds of hedge promotion to the public. have significant experience
2007 and 2008 funds. of buying and selling asset
Exchange Traded Funds management companies and
Private equity funds – (ETFs) – advising on the full
advising financial institutions businesses (including strategic
range of issues relevant to stakes).
and independent private the launch and management
equity managers on the full of ETFs.
range of legal structuring Tax and other issues
and implementation issues We regularly involve our
Regulatory specialists in tax, litigation,
relating to the formation We advise investment and
of private equity funds and property, employment,
asset management firms on intellectual property, IT, data
funds of private equity the full range of financial
funds, and in relation to protection and insurance law
services regulatory matters, to advise our clients.
investing in private equity including advising on all
funds. aspects of compliance Simmons & Simmons
Real estate and with applicable regulatory navigator
infrastructure funds – requirements as well as Our online regulatory service
advising on all forms of strategic regulatory issues provides information in
property fund (closed- and relating to such matters as relation to over 80 jurisdictions
open-ended, corporate and business reorganisations and and is user-friendly, reliable
partnership, onshore and start-ups, fund marketing and and cost-effective. The three
offshore) including specialist short selling, often involving a current products are:
tax structuring. cross-border element.
Listed closed-ended funds – Derivatives navigator: closed-ended
advising asset managers and We advise the user side of the products
fund sponsors in relation to derivative market on products navigator: share disclosure.
the launch and restructuring including bespoke structures
of closed-ended funds and high-volume products as
(including investment trusts). well as general advice on the
full range of exchange-traded
Expertise in practice
firm” that delivers The following are some Henderson A range of clients
examples of our recent advice on the launch and advising a range of clients,
“high-quality transactions: operation of the range of including independent
and user-friendly alternative investment funds fund managers as well as
advice” BlackRock established by Henderson fund management arms
Legal 500 UK 2009 advising in relation to its Global Investors Limited, of global banking groups,
range of hedge funds and including a new fund on private equity and real
on the launch of a new fund launched in 2009 investing estate fund formation and
with a hybrid structure. in asset backed securities. related carried interest
and co-invest incentive
lawyers, whose “first-
BlueCrest Capital HSBC ETFs PLC arrangements.
Management French law advice in relation
understanding of the advising on its range of to the listing on NYSE advising institutional
industry sets them funds and in relation to its Euronext Paris and the entry investors on their
apart.” conversion into a limited into the Dutch and French commitments to private
Chambers Global 2009, Band 1 liability partnership. market of several new ETF equity and real estate funds.
for hedge funds
Brevan Howard advising various clients on
advising on the launch and iShares plc, iShares II plc restructuring their private
navigator: funds listing of BH Global Ltd on and iShares III plc equity fund management
– a “unique the London Stock Exchange. French law advice in relation businesses, including by
This was the largest single to the listing on NYSE way of mergers and joint
resource” asset raising in 2008 for any Euronext Paris and/or entry ventures.
FT Innovative Lawyers London listed closed-end into the French market of
fund raising some £543m. several new ETF funds.
advising on the launch of Jupiter Asset Management
its first two Luxembourg – advising on the complex
domiciled UCITS umbrella reorganisation of a Mauritius
structures and registration in based fund investing in
various EU jurisdictions. India (Peninsular South Asia
Investment Company) as
Deutsche Bank AG a wholly owned subsidiary
advising Deutsche Bank of Jupiter India, a sub-fund
AG db x-trackers and db of Jupiter Global Fund - a
x-trackers II on the launch Luxembourg domiciled
of 8 ETFs in Italy with an UCITS fund.
approx value of €400m.
Franklin Templeton advising in relation to its
advising on its range of range of hedge funds,
UK OEICs including the including advice in relation
addition of new funds and to distributing fund status.
the conversion of its entire
fund range to permit the use
of derivative instruments for
investment purposes under
the UCITS III directive.