England - London • Investment fund formation and management

Gowling WLG

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Gowling WLG‘s funds practice covers the full spectrum of closed-ended funds matters, assisting investment managers with structurings, initial public offerings (IPOs) fundraisings, restructurings and fund liquidations. The team also advises on the gamut of regulatory regimes, including the Financial Conduct Authority’s (FCAs) new consumer duty, the Alternative Investment Fund Managers Directive (AIFMD), Markets in Financial Instruments Directive 2014 (MiFID II) and Sustainable Finance Disclosure Regulation (SFDR) among others. Leading the team is of counsel Nick Heather, who advises both funds and investment banks on IPOs on the London Stock Exchange’s main market and Alternative Investment Market (AIM). John Reed acts for fund managers, banks and sponsors across the lifecycle of funds, from structuring and launch to fundraisings and mergers. Oliver Riley and Kristian Rogers advise banks and investment funds respectively on fundraisings, secondary matters, restructurings and IPOs, while principal associate Kate Seabourne focuses on secondary transactions and IPOs. Senior associate Emily Airton handles both IPOs and fund-related M&A matters.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Highly experienced team, with very involved partners and an insightful service.’

  • ‘Oliver Riley is a very hands-on partner, with a superb skill set.'

  • ‘Oliver Riley offers value added and thoughtful advice consistently.'

  • 'John Reed - consistently good advice.’

Key clients

  • Harmony Energy Income Trust plc
  • AssetCo plc
  • Ellora Partners Limited
  • Cordiant Digital Infrastructure Limited
  • HydrogenOne Capital Growth plc
  • Forward Partners Group plc
  • Castelnau Group plc
  • Life Science REIT plc
  • Foresight Sustainable Forestry Company plc
  • Triple Point Energy Transition plc
  • Round Hill Music Royalty Fund Limited
  • Downing Renewables & Infrastructure Trust plc
  • Temple Bar Investment Trust PLC
  • Octopus Renewables Infrastructure Trust plc
  • CEIBA Investment Limited
  • Numis Securities plc
  • Winterflood Securities Limited
  • Peel Hunt LLP
  • Jefferies International Limited
  • Singer Capital Markets Limited
  • Panmure Gordon (UK) Limited
  • Cenkos Securities plc
  • Stifel Nicolaus Europe Limited
  • Urban Logistics REIT plc
  • Empiric Student Property plc
  • GCP Student Living plc
  • GCP Asset Backed Income Fund Limited
  • AEW UK REIT PLC
  • Molten Ventures plc
  • BlackRock Frontiers Investment Trust plc
  • BlackRock North American Investment Trust plc
  • BlackRock Energy and Resources Income Trust plc
  • J.P. Morgan Cazenove
  • Odyssean Investment Trust plc
  • Tufton Oceanic Assets Limited
  • Investec Bank plc
  • Mercia Asset Management plc
  • RM Secured Direct Lending plc
  • RBC Europe Limited
  • Chenavari Toro Income Fund Limited
  • Gabelli Value Plus+ Trust plc
  • Shore Capital and Corporate Limited
  • abrdn European Logistics Income PLC
  • International Biotechnology Trust plc
  • ICG-Longbow Senior Secured UK Property Debt Investments Limited
  • Montanaro UK Smaller Companies Investment Trust plc
  • Joh. Berenberg, Gossler & Co. KG

Work highlights

  • Advised Peel Hunt, Jefferies and Ellora Partners, acting as sponsor, joint global co-ordinators, joint brokers, joint bookrunners and intermediaries offer adviser to LXI REIT plc on the publication of a prospectus and a subsequent placing, open offer, offer for subscription and intermediaries offer raising proceeds of £250m.
  • Advised Ruffer Investment Company Ltd on the publication of two prospectuses in connection with the prior issue of, in aggregate, over 125 million redeemable participating preference shares.

Practice head

The lawyer(s) leading their teams.

Nick Heather

Other key lawyers

John Reed, Oliver Riley, Kristian Rogers, Kate Seabourne, Emily Airton