Acting for a variety of Jersey-domiciled funds, Carey Olsen assists clients with formation and fundraising processes, and advises on the closing of fund structures. Robert Milner, whose clients range from boutique managers to international funds, and who has experience in the setup of Jersey vehicles, leads the team alongside James Mulholland, a specialist in advising private equity and real estate funds. Daniel O’Connor brings additional expertise in the launch, structuring, and winding up of real estate vehicles, while Christopher Griffin is a key contact regarding the regulatory aspects of fund launches and transactions, including joint ventures. Claire Le Quesne, who was made partner in July 2023, acts for a range of listed and non-listed funds on structuring and restructuring matters.
Investment funds in Jersey
Carey Olsen
Praxisleiter:
Robert Milner; James Mulholland
Weitere Kernanwälte:
Daniel O’Connor; Christopher Griffin; Claire Le Quesne
Referenzen
‘The Carey Olsen investment funds practice is responsive and highly reliable. They understand their clients’ needs and provide very effective legal advice.’
‘Robert Milner is a very quick, commercially astute lawyer who understands the funds market very well. He is also very pragmatic and offers excellent solutions to legal issues. He is incredibly responsive.’
‘I am always glad to work with Carey Olsen. They are not only a standout in the Jersey market but, more generally, as offshore lawyers regardless of jurisdiction.’
Kernmandanten
Appian Natural Resources
Astarte Capital
Blue Noble
Bregal Capital
CBRE Global Investment Partners
Centricus Partners LP
CoinShares
Criptyque Limited
Davidson Kempner European Partners
Delancey Real Estate Asset Management
ED Group Holding
EJF Investments
EMK Capital
EPIC Private Equity
Epiris Managers
Expedition Growth Capital
Falco Regional Aircraft
FSN Capital Partners
GCP
Grainger
Gramercy Europe (Jersey)
Gulf Islamic Investments
Hermes GPE
Hollyport Capital
Insight Venture Partners
Janus Henderson Group
Kennedy Wilson Europe Real Estate
Lorton Media
Lothbury Investment Management
M7 Real Estate Financial Services
Mondrian Investment Partners
Montana Capital Partners
Oaktree Capital Management (UK)
Patron Capital Advisers
Quinbrook Infrastructure Partners
Realty Income Corporation
RK Investment Management
Schroder Real Estate Managers (Jersey)
Shaftesbury Capital plc
Softbank Group Corp
The Blackstone Group
TreasurySpring
Unigestion
Highlight-Mandate
- Provided Appian Capital Advisory LLP with legal and regulatory advice in relation to the establishment of, first close, fundraising and final close of Appian Natural Resources Fund III.
- Advised Patrizia Hanover Real Estate Investment Management on all Jersey law aspects of the sale of an A-listed office block in a historically significant location in the heart of Edinburgh.
- Advised private debt manager Kreos Capital on its acquisition by BlackRock, including a pre-sale reorganisation.
Mourant
Mourant advises clients from across the spectrum of asset managers, including real estate, private equity and credit funds, assisting with the launch of a range of structures, and providing support through to the realisation of assets. Joel Hernandez and Ben Robins lead the group, acting for a roster of real estate and private equity clients, with the former noted for advising sovereign wealth and pension funds on investments in UK assets. Alistair Horn leads on crypto-asset investments, with Alex Henderson focusing on advising private equity and VC clients on the launch and day-to-day operation of their platforms. Daniel Birtwistle maintains a private equity and real estate practice, while Felicia De Laat advises impact investors on sustainable investments.
Praxisleiter:
Joel Hernandez; Ben Robins
Weitere Kernanwälte:
Alistair Horn; Felicia de Laat; Daniel Birtwistle; Alex Henderson; Stefan Chinniah; Mark Chambers
Referenzen
‘Mourant in my opinion is the leading investment fund team in Jersey. The team at Mourant is exceptional from the top down and the partners lead by example.’
‘I have worked with Alex Henderson on several matters with various levels of complexity and structuring, and he has always delivered exceptional service while being commercially minded. He has a unique balance of excellent knowledge base and relationship management, which is rare to find.’
‘Mourant have a team with extensive knowledge and experience in Jersey and great connectivity to other law firms and jurisdictions.’
Kernmandanten
Vitol
Nuveen Fund Management (Jersey) Limited
Heim Global Investor AS
Macquarie Group
Tritax Management LLP
MV Advisers LLP
Leon Capital
CVC Capital Partners
Signal Capital Partners
Lifestyle Hospitality Capital (LHC) Group
Whaivu Capital
BlackRock
Aberdeen Corporate Services Limited
Abrdn Asia Income Fund
UBS AG
Cornerstone Private Equity LLP
Stonehage Fleming Investment Management Limited
Highlight-Mandate
- Advised CVC Capital Partners on the launch of its ninth flagship fund, CVC Capital Partners IX, the largest ever buyout fund by a private equity firm, which closed with commitments of €26bn.
- Advised Heim in connection with the launch and first close of its flagship UK residential real estate development fund, Heim UK Residential Fund.
- Advised BlackRock in its acquisition of growth and venture debt financing provider, Kreos Capital.
Ogier
Ogier supports clients working across a broad spectrum of asset classes, including real estate and infrastructure, hedge and private equity funds, as well as an increasing following amongst VC funds. The group advises on formation and restructuring processes, in addition to regulatory requirements. Practice head Niamh Lalor is noted for her work on both private equity and venture capital fund formations and capital raisings. Emily Haithwaite focuses primarily on private equity funds, advising across the lifecycle of fund structures and also acting for investors looking to invest in Jersey vehicles, with Sophie Reguengo handling both real estate and private equity matters. Matt McManus, partner as of May 2024, and Alexandra O’Grady are recommended for matters concerning fund launches, closings and regulatory obligations affecting their day-to-day operations, including AML regulations.
Praxisleiter:
Niamh Lalor
Weitere Kernanwälte:
Emily Haithwaite; Sophie Reguengo; Alexandra O’Grady; Matt McManus
Referenzen
‘Amazing response time and reactivity. Always able to find tailor-made solutions for every client.’
‘Niamh Lalor and Alexandra O’Grady are very responsive and efficient. They always find solutions and add a great value to the jurisdiction as a place of choice for investment funds.’
‘Niamh Lalor is a standout partner – client-focused, excellent knowledge and proactive in the relationship. She is a key person in supporting our business and undoubtedly adds value across a range of legal disciplines, with her professional and friendly approach.’
Kernmandanten
AEW Capital Management LP
Cain International
Cevian
CQS
Neptune International
Deutsche Asset Management
Franklin Templeton
DWS Real Estate
Rockpool Investments LLP
Ethos Private Equity
Global Infrastructure Partners
HSBC Bank plc – Jersey
London Venture Partners
Alexander Forbes
Pinebridge Benson Elliot
Julius Baer
IK Partners
Alpstone Capital
Index Ventures
Intermediate Capital Group PLC
Knight Frank Investment Management
Knife Capital
Salt Capital Ventures Limited
Alanda Capital
Deutsche Finance International
Medicxi Ventures
Pacific Equity Partners
Paloma Capital
Palamon Capital Partners
Pemberton Asset Management
Quadriga Capital
Schroders Capital
Therium Capital
Brooks Macdonald Asset Management International
EPIC Management Limited
Valor Real Estate Partners
UBS
STANLIB Fund Managers Jersey Limited
Ashburton
Local fund administrators including Alter Domus, Aztec, Highvern, JTC Group, Langham Hall, Ocorian, R&H Fund Services, Saltgate and Sanne (Apex Group)
Highlight-Mandate
- Acted for an Australasian private equity house in connection with the launch of their seventh flagship private equity fund at AU$3bn.
- Instructed in connection with a second fundraise for a global private equity house, targeting technology-enabled growth companies, primarily in Europe and the United States.
- Advised Cain International in relation to a £500m UK PBSA investment platform supported by joint venture partner Menora Mivtachim Group, lender Apollo Global Management and property developers Fusion and Olympian.
Appleby
Appleby supports clients at the formation, financing and restructuring stages of the fund lifecycles and is also well positioned to advise on Jersey’s private funds regime and other regulatory requirements. Andrew Weaver leads the group, offering expertise in real estate, hedge, and private equity fund matters, advising on day-to-day issues and regulatory challenges. Paul Worsnop advises clients looking to launch fund structures and fundraising, with particular experience in the technology sector.
Praxisleiter:
Andrew Weaver
Weitere Kernanwälte:
Paul Worsnop
Referenzen
‘The Appleby team has a very good understanding of the laws and is able to answer most questions immediately or refer quickly to the relevant legislation in order to answer the question. This breeds a lot of confidence with clients.’
‘They are always available to answer queries in an acceptable timeframe and give clear and concise advice each and every time. Where needed, they will take the lead on certain items but are also happy to act in an advisory capacity, depending on the circumstance.’
‘Good, efficient service, and always responsive.’
Kernmandanten
Heligan Group LLP
Altor Funds
Stirling Square Capital Partners
Tritax Group
Highlight-Mandate
Bedell Cristin
Bedell Cristin‘s funds team is particularly adept at advising real estate funds, including investment syndicates and joint ventures, and is also noted for its advice to Middle Eastern managers on the structuring of Sharia-compliant investment vehicles. Martin Paul heads the group, advising a client base of private equity and real estate funds on their transactional activities, while Richard Le Liard is the key contact for regulatory issues, ranging from Jersey’s AML regime to international tax compliance and data protection.
Praxisleiter:
Martin Paul
Weitere Kernanwälte:
Richard Le Liard; Stephen Ferguson; Louise Ridgway; Emily Nieuwburg
Referenzen
‘Bedell Cristin is a friendly and collaborative firm that uses a mix of technical and innovative skills to ensure that clients get the best service possible.’
‘Richard Le Liard is possibly one of the best technical corporate and funds lawyers on the island and is always available to call with any queries that we have.’
Kernmandanten
Nissay Asset Management
CVC
Aviva Investors
Alicorn
Lombard Odier
MSS Capital
STANLIB
No Label Ventures
Wisdom Tree
Hoban Capital
Highlight-Mandate
- Advised venture capital firm Alicorn in relation to the launch of its active growth secondaries fund, structured as a Jersey private fund and incorporated as a protected cell company.
- Advised Aviva Investors in relation to significant milestones for its five Jersey Expert Funds that invest in social housing, ground rents, infrastructure, student and commercial assets.
- Advised Nissay Asset Management in relation to the establishment, and termination of a number of funds.
Collas Crill
Collas Crill provides ‘friendly and practical advice’ to new fund managers, including family offices looking to set up tailored structures to manage private wealth, with expertise in fund launch, financing, and investor-side challenges. Practice head Sam Sturrock ‘goes beyond the expectations’ when assisting both institutional and private fund clients, advising on the structuring of JPUTs, private equity and VC vehicles and supporting them across their lifecycles.
Praxisleiter:
Sam Sturrock
Referenzen
‘The team is responsive and client-service focused.’
‘Sam Sturrock is well-versed in Jersey financial services law, but also thoughtful and practical in his recommendations.’
‘Partner-led, friendly and practical advice whilst always ensuring they flag the legal concerns.’
Kernmandanten
Intertrust Dublin
Highlight-Mandate
- Established a £1.2bn master limited partnership, 5 investment limited partnerships and 4 carry limited partnerships, each structured as Jersey private funds with Jersey corporate general partners for a family office client.
- Set up a $160m Jersey expert fund, structured as a limited partnership with Jersey general partner, to focus on secondaries and special situations investments.
- Assisted a client in converting an existing Jersey private placement fund into a Jersey expert (public) fund.
Maples Group
Maples Group is the first port of call for several Middle Eastern fund managers, advising on vehicles targeting a range of asset classes including real estate, private equity and venture capital, among others. The practice is led by ‘safe pair of hands’ Simon Hopwood, a specialist in the structuring of REITs and Sharia-compliant funds, and Tim Morgan, who acts for private equity clients in relation to fund launches and restructurings, with additional expertise in regulatory and tax requirements.
Praxisleiter:
Simon Hopwood; Tim Morgan
Referenzen
‘Maples offers a high quality team of partners and associates who understand the Middle Eastern market and are therefore able to take a full part in structuring discussions, including regarding Sharia-compliant structures.’
‘Simon Hopwood is excellent at offering potential solutions and knows his funds area well. He’s very easy to work with.’
‘Highly responsive, easy to work with, knowledgeable regarding their practice area.’
Highlight-Mandate
Walkers
Walkers supports clients looking to launch fund structures in Jersey, advising on the setup of innovative investment vehicles for established players and new entrants to the market. Jersey managing partner Jonathan Heaney spearheads the funds practice, assisting private equity funds with new launches and also advising on BVI law. Dilmun Leach provides ‘good technical insights’ on a range of asset classes, including real estate, private equity and debt funds, providing advice on the restructuring of funds and regulatory requirements. Made up to partner in July 2023, Tatiana Collins acts for funds across their lifecycle, from launch to liquidation.
Praxisleiter:
Jonathan Heaney
Weitere Kernanwälte:
Dilmun Leach; Tatiana Collins; Christopher Reed; Adam Diamond
Referenzen
‘The team is familiar with Jersey fund regulations and was able to assist us and the client to navigate the local regulatory framework as local counsel in an expedient way.’
‘Very strong Jersey practice with real commercial knowledge.’
‘Dilmun Leach – great partner attention. Always trying to help on all fronts.’
Kernmandanten
Arcapita Investment Partners Limited
Flashpoint Capital
Hawthorn Residential Fund LP
Kimberley PCC – Global Opportunities Fund PC
LGT Wealth Management
The Players Partnership LLP
Westbrooke Alternative Asset Management UK Limited
Westbrooke Yield Plus PLC
Highlight-Mandate
- Represented Global Opportunities Fund PC and worked with the ultimate beneficial owner of the structure and Stonehage Fleming on the establishment of Kimberley PCC and the creation of its protected cell, Global Opportunities Fund PC.
- Assisted LGT Wealth Management with its acquisition of abrdn Capital Limited and certain subsidiaries.
- Assisted in the establishment of Westbrooke Yield Plus PLC as a Jersey private fund and its subsequent conversion to an open-ended Jersey expert fund.