Leveraging the firm’s overarching buy and sell-side funds strength, fund finance accounts for a sizeable volume of work for Simmons & Simmons in Luxembourg, with the firm regularly acting on its own as well as in unison with other offices throughout the network across a wide range of credit facilities. Team head Louis-Mael Cogis excels at this, although his finance work is broader than that to also include structured corporate finance matters, acquisition finance and real estate finance. Cathrine Foldberg Møller heads the office’s standalone regulatory team and handles a varied array of matters impacting traditional banking, payment services, investment activities as well as product regulation and financial promotion.
Testimonials
Collated independently by Legal 500 research team.
- 'The team works well together across jurisdictions.'
- 'Provided valuable advice and have extensive knowledge in this field.'
Work highlights
- Assisted a Luxembourg undertaking for collective investment in transferable securities (UCITS) umbrella fund in connection with the entering into an unsecured $130m uncommitted multi-currency revolving credit facility agreement entered into by forty six of its sub-funds with a global leading bank as lender.
- Advised a European independent asset management group focused on real estate in relation to several subscription line facilities for an aggregate amount of €1.33bn and granted by the Jersey branch of a top tier US bank to a Luxembourg investment fund with a feeder fund guarantor and a cascading security package.
- Advised once of Japan's largest bank as new lender in a fund financing transaction, in relation to the transfer of two subscription line facilities and the grating of a new subscription line facility for an aggregated amount of €313m and granted to Luxembourg alternative investment fund belonging to a global multi-alternatives platform.
Practice head
The lawyer(s) leading their teams.
Louis-Maël Cogis