01
Private Capital & Investment Structuring
How capital enters, is governed and exits: SPVs, holdings, investment agreements and investor rights.
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Practice 02 · Private Capital
Investment Funds & Asset Management
A fund is a promise to investors, written in law. It should be written precisely.
We advise managers and sponsors on building investment vehicles — from the first choice of structure to the documents investors sign and the governance that operates for the life of the fund.
What we do
Scope of the practice
Private equity funds
Closed-ended vehicles for control and minority investments, with carried interest, waterfall and key-person mechanics built into the documents.
Real estate funds
Vehicles investing in income-producing property or development, including the asset-level SPVs beneath them.
Venture capital structures
Venture funds, syndicates and investment vehicles for early-stage portfolios, alongside the term sheets used in their investments.
GP / LP architecture
General partner, manager and carry vehicles, and the allocation of economics and liability between sponsor and investors.
Fund governance
Investment committees, advisory boards, conflicts policies, valuation and reporting frameworks.
Investor documentation
Offering documents, limited partnership or shareholder agreements, subscription documents and side letters.
Who we advise
First-time and established managers, sponsors launching a single vehicle, and investors reviewing the terms on which they commit.
Typical matters
The kind of work this practice handles.
Illustrative of the matters we advise on — not a list of past engagements.
- 01Selecting the jurisdiction and legal form for a first fund
- 02Designing the waterfall, management fee and carried interest provisions
- 03Structuring a real estate fund with asset-level SPVs
- 04Setting up a co-investment or deal-by-deal vehicle
- 05Reviewing fund terms and negotiating side letters for an investor
- 06Building investment committee and conflicts procedures
- 07Structuring the management company and team incentives
- 08Coordinating fund regulatory analysis with counsel in the fund's domicile
Approach
How we approach projects
1
Strategy before vehicle
The investment strategy, target investors and capital-raising plan determine the vehicle — not the other way round.
2
Economics on paper
We model the fee and distribution terms in plain language before they are drafted, so sponsor and investors read them the same way.
3
Regulatory perimeter
Marketing, management and custody rules are mapped early with counsel in the relevant jurisdictions.
4
Operating the fund
Ongoing support on investments, investor relations, amendments and eventual wind-down.
Focused services
Defined scopes of work within this practice.
Cross-border capability
Cross-border capability
Funds are usually domiciled in one jurisdiction, managed from another and invest in several more. We coordinate the overall structure and documentation and work alongside counsel in the fund's domicile and in the investment jurisdictions on local regulatory and formation matters.
Related practices
Significant matters rarely stay within one practice.
03
Real Estate Investment
Acquisitions, disposals, due diligence, ownership and investment structures, financing and portfolio transactions.
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07
Digital Assets & Tokenization
Digital capital: real estate and asset tokenization, RWA, tokenized securities and digital asset structures.
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How to start
Send an enquiry →- 1Send a short enquiryDescribe the project, the parties and the timing in a few lines. No confidential details at this stage.
- 2Initial conversationAfter a conflict check, we discuss the scope, the jurisdictions involved and whether local counsel is needed.
- 3Written engagementScope, deliverables and fee basis are agreed in writing before work begins.
Discuss a matter in this practice
Share a short description of the project. We will reply to discuss scope, timing and next steps.