Schulte Roth & Zabel International LLP > London, England > Firm Profile

Schulte Roth & Zabel International LLP
ONE EAGLE PLACE
LONDON
SW1Y 6AF
England

Investment fund formation and management > Hedge funds Tier 1

The ‘fantastic team’ at Schulte Roth & Zabel International LLP tackles the full spectrum of hedge fund challenges, supporting new and established funds with the launch of new investment vehicles targeted at a variety of asset classes, including fintech and cryptocurrencies. The team is spearheaded in tandem by ‘absolute star’ Josh Dambacher, whose expertise spans hedge fund structuring and associated regulatory regimes in the UK and US, and Christopher Hilditch, a specialist in fund formation, regulation and fundraising. Lee Smith is a key contact for managers looking to restructure their operations and is also sought after for clients looking to launch managed accounts. Amy MacDonagh oversees the lifecycle of hedge funds in addition to providing general corporate advice.

Practice head(s):

Josh Dambacher; Christopher Hilditch

Other key lawyers:

Lee Smith; Amy MacDonagh; Drew Miller; Laura Eatwell; Sasha O’Leary

Testimonials

‘The SRZ Team is the most experienced hedge fund and hybrid funds team on the market. The only one expert on both UK and US law. They are just the best.’

‘Josh Dambacher is an absolute star – he thinks outside the box and is the smartest lawyer I ever worked with. He is brilliant, creative, commercial and a wealth of knowledge and experience across US and UK issues. You only need him in a room when other firms would bring a team of 4 or 5 to compete with his knowledge.’

‘We can rely on the SRZ team to give pragmatic, informed and candid advice. They have an unparalleled perspective on the market and their US and UK offices work seamlessly together. SRZ is full of ideas and insights.’

‘Josh Dambacher’s manner is incredibly calm and laid-back but he is very sharp and an absolute expert. He gives concise, insightful and commercial advice and is responsive and a pleasure to work with. Amy MacDonagh and Drew Miller are rising stars. Well informed, responsive and very smart.’

‘Fantastic team that I have had the honour of working with for 19 years. Exceptional in every aspect.’

‘Josh Dambacher: the Dambuster.’

‘We use Chris Hilditch for fund formation and partnership work. Chris is a legal behemoth. Brilliant mind.’

‘Constantly value added. Comes up with new ideas and conventions that I was not aware of. I often find this quality lacking in lawyers, not so with Chris Hilditch of SRZ. Always my go-to.’

Key clients

Florin Court Capital LLP

Ilex Capital Partners (UK) LLP

JJJ Capital Management LLP

Marshall Wace LLP

Parvus Asset Management Ltd

Pelham Capital Ltd

Qube Research & Technologies Limited

Ronit Capital LLP

Savex Capital AG

Securis Investment Partners LLP

Work highlights

  • Advised on the launch of a master-feeder structure to be run by Chameleon Global Capital Management LLP under Ronit Capital LLP’s regulatory umbrella.
  • Advised Savex Capital on the launch of a new fund of funds, domiciled in Guernsey.
  • Engaged by Securis to launch a closed-ended fund investing in life and lapse risk.

Finance > Securitisation Tier 4

Schulte Roth & Zabel International LLP has established a firm foothold in the European CLO market thanks to the vast experience of Martin Sharkey, who has 'good product knowledge and is highly responsive'. The 'commercial and very client-friendlyStuart Axford is a recognised expert in the securitisation of many types of assets, including residential and commercial mortgages, auto loans, aircraft, sports loans, supply chain finance, cryptocurrencies and NFTs. Polly O’Brien is a key adviser to hedge funds, private equity funds, litigation funders, speciality finance companies and investment banks.

Other key lawyers:

Stuart Axford; Martin Sharkey; James Winterlich; Polly O’Brien; Hannah Samuels

Testimonials

‘Martin Sharkey has good cashflow CLO product knowledge and is highly responsive when required. His associate team has improved over the last 18 months or so and there are some good mid-level associates in the team.’

‘James Winterlich is user-friendly.’

‘Great partner access and responsiveness. The team is technically very knowledgeable and also extremely commercial.’

‘Stuart Axford – highly experienced capital markets partner with deep industry knowledge and high technical knowledge, commercial and very client-friendly. Hannah Samuels – very responsive, client friendly, technically strong.’

‘Good knowledge of esoteric assets and bespoke structuring techniques.’

‘Stuart Axford – accessible, responsive and very knowledgeable across the board.’

‘SRZ has a very strong and knowledgeable securitisation team in London. We have had excellent experience working with them recently.’

‘Martin Sharkey (partner) – very bright, knowledgeable and pragmatic securitisation counsel.’

Key clients

Barings (U.K.) Limited

GoldenTree Asset Management LP

Work highlights

  • Advised Barings (U.K.) Ltd as CLO manager on Barings’ Euro 2023-2 CLO, which was arranged by Jefferies International Ltd, with NatWest Markets plc acting as co-placement agent (€400m).
  • Represented GoldenTree Loan Management II, LP as CLO manager on the client’s first 2023 CLO, which was arranged by Bank of America and Wells Fargo (€411m).
  • Advised Barings (U.K.) Ltd as CLO manager on Barings’ Euro 2023-1 CLO, which was arranged by Goldman Sachs (€400m).

Investment fund formation and management > Private funds Tier 5

In recent months, Schulte Roth & Zabel International LLP has handled a steady stream of work concerning credit and special opportunity funds. The group has specialist knowledge of cryptocurrency and blockchain funds, as well as venture capital funds. Josh Dambacher provides his clients with strategic regulatory compliance and reorganisation advice. Closed-end credit and distressed credit funds both fall under Christopher Hilditch‘s purview. Jim McNally advises extensively on fundraising and regulatory matters.

Practice head(s):

Josh Dambacher; Christopher Hilditch

Other key lawyers:

Jim McNally; Drew Miller; Bhavisha Khira

Testimonials

‘Very responsive and technically very good.’

‘Jim McNally has been very good at drafting corporate documents/restructuring projects.’

‘Chris Hilditch is very responsive and will deal with queries quickly and helpfully.’ 

Key clients

Fidera Vecta

Flight Story Ventures

Gatemore Capital Management

Ironshield Capital Management

Kingsway Capital Partners

Marshall Wace

Orchard Global Asset Management

Securis Investment Partners

Vor Capital

Work highlights

  • Advised Flight Story Ventures on the formation and structuring of its flagship venture capital fund.
  • Assisted Kingsway with its closed-ended series of funds, investing in digital assets.
  • Advised Orchard on the formation of a closed-ended credit fund.

Corporate and commercial > Financial services: non-contentious/regulatory Tier 6

Noted for its established focus on private funds, Schulte Roth & Zabel International LLP has demonstrable experience in handling emerging regulatory mandates, from sustainability disclosures and digital assets regulation to the use of alternative data and sanctions policies. Key contacts in the team include practice leader Anna Maleva-Otto, who advises on the impact of EU directives and regulations, Polly O’Brien and Jim McNally.

Practice head(s):

Anna Maleva-Otto

Other key lawyers:

Testimonials

‘When you want a sense of what the market is doing, you need to speak to people who know the whole market. That is where SRZ have the edge. From the largest managers to newly launched funds, they can give insight into what managers and investors are offering and/or expecting.’

‘Real commercial acumen and deep knowledge.’

Key clients

AB CarVal Investors, LP

Alpha Wave Global, LP

Cevian Capital

Eminence Capital, LP

Irenic Capital Management LP

Marshall Wace LLP

Portfolio Advisors, LLC

Qube Research & Technologies Limited

Silver Point Capital, L.P.

Viking Global Investors LP

Work highlights

  • Advised a number of asset management clients and other investors on the impact of international sanctions on Russia in the context of unwinding and restructuring of private and publicly listed investments and loans with links to Russia.
  • Advising private fund managers on the acquisition and use of alternative data.
  • Advised several established European and US-based investment managers on their shareholder engagement strategies.

Since its founding in 1969, Schulte Roth & Zabel has been at the forefront of the alternative investment fund formation space and is widely acknowledged as the industry leader. The London office, operating for nearly 20 years, is one of London’s premier law firms advising alternative investment funds, their managers and investors.

The London office provides both UK and US law advice to a wide variety of funds and managers located in the United Kingdom, continental Europe, the United States and other global locations. The lawyers have significant experience in structuring and negotiating seed and strategic investments, in UCITS formations, as well as structured finance transactions related to alternative investment funds. The London office has seen its regulatory practice thrive and is one of only a few firms with lawyers specifically focusing on regulatory and compliance matters within its private investment funds practice. In addition to handling major European fund formations and assisting with their ongoing operations, the office advises London managers on setting up US funds and advises on regulatory and tax issues associated with establishing a London presence.

Department Name Email Telephone
Contacts Josh Dambacher [email protected]
Contacts Christopher Hilditch [email protected]
Photo Name Position Profile
Josh Dambacher photo Josh Dambacher Josh Dambacher is a London-based partner in the Investment Management Group at…
Nick Fagge photo Nick Fagge Nick Fagge is a London-based partner in the Tax Group at Schulte…
Christopher Hilditch photo Christopher Hilditch Christopher Hilditch is a partner in the Investment Management Group at Schulte…
Anna Maleva-Otto photo Anna Maleva-Otto Anna Maleva-Otto is a London-based partner in the Investment Management Regulatory &…
Jim McNally photo Jim McNally Jim McNally is a corporate and funds partner in Schulte Roth &…
Number of UK partners : 8
Number of other UK fee-earners : 14
English
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