Our Investment Management Group includes corporate, real estate, tax, finance and regulatory lawyers. With all boasting exceptional transactional experience from magic circle and top tier practices, it is one of the UK’s market-leading specialist practices.
We advise fund sponsors, managers, general partners and a wide range of investors, including fund of funds (FOF), sovereign wealth and public/private pensions and companies. We steer them through the maze of legal, tax, jurisdictional and regulatory issues in establishing, operating and investing in funds, as well as ensuring that all structures reflect best industry practice at the relevant time. We also advise on deals across a wide range of sectors, with particular focus/expertise in the real estate sector.
In addition, we have a fully integrated indirect real estate offer, advising on all downstream aspects of corporate real estate transactions, be they complex joint ventures, group reorganisations or cross-border acquisitions and disposals of property holding structures. Our comprehensive understanding of the deal process, from cradle to grave, makes this possible; we work across the structuring and financing of deals, throughout the operational phase and to ultimate exit.
We understand real estate businesses and how they operate and can integrate ourselves with clients, to serve as extensions of their own deal teams.
For more information, please don’t hesitate to contact a member of our team now. You can also find more details below, from case highlights to what our clients say about us.
- Funds experience
Recent highlights include advising:
- A multinational insurance company on setting up a renewable energy fund
- Hamilton Lane Advisers about establishing the European arm of a private equity FOF
- A private banking business on setting up a student accommodation fund
- Partners Group about its investment in a number of real estate and private equity funds
- A global student accommodation investor and management about establishing its UK investment and asset management arm
- Scottish Widows plc about the implementation and impact of the Alternative Investment Fund Managers Directive, across all its non-Undertakings for Collective Investment in Transferable Securities funds/vehicles.
- Indirect real estate experience
Recent highlights include advising:
- The Co-operative Group plc on its joint venture with Hermes Real Estate to regenerate and develop the 20-acre mixed-use NOMA scheme in Manchester city centre
- A Malaysian pension fund about the acquisition and subsequent sale of a circa £250 million London property
- Ask Real Estate on the sale of its First Street development in Manchester
- On Mount Anvil Ltd’s residential development joint venture with Ares Management, in London
- Manchester City Council about its joint venture with Abu Dhabi United Group (Manchester Life) to develop Ancoats and New Islington in Manchester. Phase One of the development, announced in June 2014, will provide more than 900 new homes
- Hub Residential about the acquisition of The Old Vinyl factory from Cathedral for mixed-use residential/commercial development and the Hub Residential/Rockbridge Capital joint venture acquisition of the Tidal Basin Road site, in London's Docklands
"The majority of investments I make for my funds are direct real estate, however I have recently exchanged terms to buy the units in a Jersey Property Unit Trust and Limited Partnership. I am used to receiving good quality and timely advice on property purchases from AG, but was, quite frankly, delighted with the service on the corporate side. I received a clear explanation at each step of the process about what was happening and why, and what it meant. I was given commercial advice, and perhaps more important in this transaction, AG managed to take out some of the emotion to keep everything on track. The link with the corporate and property sides of the transaction made the whole process much simpler."
Jason Baggaley, Standard Life Investments
"[AG] have shown themselves to be dedicated, extremely responsive, technically and commercially astute. [Their] transactional management skills of a variety of work streams were instrumental in getting the matter completed, not to mention making the life of in-house counsel substantially easier."
General counsel/institutional fund manager