Managers and Sponsors

Ogier's investment funds lawyers are known for providing high quality practical advice to fund managers and sponsors on the set-up and licensing requirements in each of our jurisdictions. 

We work with clients to prepare licence applications and supporting documents (including business plans) and have particular expertise in advising on local economic substance requirements for fund managers and outsourcing arrangements.

We can analyse whether an entity is in scope of the substance rules, map the requirements of the rules against an entity's corporate governance processes and operations, assist in documenting the directors' considerations of the rules and advising with respect to remediation plans.

Managers and sponsors frequently seek our advice in relation to the application of local financial services and securities law.

With an in-depth knowledge of the regulatory regimes in each of our jurisdictions, our lawyers can advise on the impact of cross-border distribution rules and any necessary registration or consent requirements, and the registration requirements for entities conducting regulated financial services activities and any applicable exemptions. 

In addition, we can advise on the rules governing data protection pursuant to the GDPR and offshore equivalent legislation, including controlling, processing and transferring data and anti-money laundering and financing of terrorism legislation.

Managers and Sponsors services

• Fund structuring and formation
• Seed investment deals and side letters for established hedge funds
• Regulatory compliance, including fund registration and licensing, AML advisory, Economic Substance compliance, beneficial ownership regime requirements, tax information exchange matters and responding to regulatory inspections and investigations
• Downstream acquisitions and disposals and holding structures
• Cross border distribution restrictions and data protection matters
• Investment Manager establishment and ongoing compliance, including JV ownership considerations and fee/allocation mechanics
• Advising on side letters
• Ongoing advisory services on corporate governance matters
• Full spectrum of wind-down scenarios, including contentious and non-contentious restructuring, solvent and insolvent liquidations, illiquid asset disposals, suspensions and termination alternatives