Investment Funds
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INVESTMENT FUNDS Led by an integrated platform of English, French, Hong Kong and US lawyers, Gide Loyrette Nouel’s Investment Funds group conducts complex cross- border transactions related to all aspects of funds’ activities. The Group combines the unique expertise of both common law and civil law lawyers. Through a global network of 18 offices in Europe, Asia, North America and Africa, no matter where a fund makes its investments or offers its securities, the Firm can provide comprehensive and local legal advice on the following matters: ● Fund structuring & documentation ● Capital markets ● Taxation ● Structured finance & derivatives ● Financial services regulations ● Regulatory investigations An Extensive Knowledge of the Funds Industry The Group has an extensive knowledge of the funds industry. We have advised on and structured numerous types of funds, focusing on: ● Hedge funds ● Structured funds ● Private equity funds (including ● Funds of funds (including secondary infrastructure funds) funds) ● UCITS funds ● CDOs of hedge funds and private ● Real estate funds equity funds In recent years we have been actively involved in the consultation process which preceded new EU legislation and French / UK regulations changes. Our lawyers have close working relationships with national regulators (French Treasury, French regulator, ALGIERS FSA) and provide significant support to industry and trade bodies (such as the AIMA in BEIJING London and Paris and the French AFIC). BRUSSELS BUCHAREST A Complete Funds Legal Practice BUDAPEST The Group offers its clients a complete legal service covering all legal matters involved CASABLANCA in investment fund transactions: HANOI HO CHI MINH CITY Structuring and Documenting HONG KONG ● Structuring various types of funds - advising funds to adapt fund structures to the ISTANBUL latest market practices in light of local regulatory and tax constraints and negotiating KYIV with potential investors and counterparties. LONDON ● Creating and documenting - preparing the fund’s prospectus and PPM, and setting MOSCOW up offshore and onshore funds and investment management vehicles. NEW YORK ● Day-to-day operations - representing funds on an ongoing basis in their relations PARIS with the investor and counterparties (including prime brokerage arrangements and SHANGHAI dealings with executing brokers and swap providers). TUNIS ● Structured products - advising on a full range of products from complex equity WARSAW derivative structures to retail packaged products linked to various underlying assets, e.g. fund of hedge funds. Tax Aspects and Pension Planning ● Complex domestic and international tax planning - analysing and structuring tax efficiency of funds and platforms for cross-border investing to mitigate overall worldwide taxation as well as local country taxation on a jurisdiction by jurisdiction basis. ● Structuring carried interest and incentive arrangements - advising on carried interest schemes, investment managers exemption and other incentive arrangements in respect of onshore or offshore funds. Financial Services Regulation - representing fund managers seeking authorisation and advising on ● Authorisation CONTACTS procedures and preparing organisational documentation. Completing the registration process with local agencies and regulators in the EU and other foreign jurisdictions. London ● Regulatory issues - advising funds on the various facets of EU and foreign securities laws and capital market regulations. Advising on the compliance, internal management MARGARET BOSWELL and other organisational requirements arising from MiFID. tel. +44 (0)20 7382 5560 [email protected] ● Financial promotion rules - ensuring that funds stay within the boundaries of the various financial promotion requirements and the conduct of business rules which LUCY FREW apply in the EU and the various jurisdictions where the funds are to be marketed. tel. +44 (0)20 7382 5523 ● Listing regulation - ensuring strict compliance with the listing process reporting and [email protected] various rules and regulations of exchanges around the world. Paris ● Commodities regulation - advising on the US rules regarding commodities as they apply to funds, derivatives and placement of shares. STÉPHANE PUEL tel. +33 (0)1 40 75 29 69 Investing [email protected] ● Acquisitions and sales of portfolio investments - advising funds on all stages of an JEAN-GUILLAUME acquisition or sale of portfolio investments, including private equity or hedge funds M&A. DE TOCQUEVILLE ● OTC transactions - advising funds with respect to the regulatory, transactional and tel. +33 (0)1 40 75 61 72 documenting aspects of a wide variety of OTC transactions, including derivatives, [email protected] CFDs, repos and options transactions. ● Restructuring distressed investments - advising on and negotiating all corporate LAURENT MODAVE aspects of restructurings and advising clients on acquisitions of specific debt tel. +33 (0)1 40 75 29 65 instruments. [email protected] ● Representing funds’ investors - advising funds’ investors during initial investment New York phases or in relation to secondary transactions. CHRISTOPHER B. MEAD Litigation tel. +1 212 403 6700 [email protected] ● Disciplinary proceedings - advising on litigation including contentious regulatory actions. Hong Kong ● Insider dealing / market abuse law and regulation - advising on the various issues REBECCA FINN raised by insider dealing and market abuse law and regulation and all aspects of the conduct of business requirements, including AMF / FSA rules and other investment tel. +852 2536 9110 or marketing restrictions. [email protected] GIDE LOYRETTE NOUEL LLP 125 Old Broad Street - London EC2N 1AR - United Kingdom | tel. +44 (0)20 7382 5500 - fax +44 (0)20 7382 5501 | [email protected] GIDE LOYRETTE NOUEL A.A.R.P.I. 22 cours Albert Ier - 75008 Paris - France | tel. +33 (0)1 40 75 60 00 - fax +33 (0)1 43 59 37 79 | [email protected] GIDE LOYRETTE NOUEL LLP 120 West 45th Street, 19th Floor - New York, NY 10036 - U.S.A. | tel. +1 212 403 6700 - fax +1 212 403 6701 | gide.com .