Investment funds

Burness Paull LLP

‘One of the leading funds practices in Scotland’ with ’near-unrivalled levels of experience in the investment funds space’, Burness Paull LLP covers the structuring, formation, closing and operation of large, flagship funds, with particular specialism in Scottish limited partnerships and carried interest structures. The firm is also broadening its investor-side focus, handling a number of substantial equity investments into a range of focused funds. The ‘knowledgeable, responsive and pragmatic’ Paula Kennedy has a far-reaching practice and is the key relationship partner to a number of investment managers and private equity houses. Andrew Christie is equally equipped to advise on complex security structures and GP side fund structuring and formation – an area in which Ruaridh Cole also demonstrates particular expertise. Conor McLaren is a key contact for investment managers and investors.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

‘From my perspective, one of the leading funds practices in Scotland. Deep bench of well-trained lawyers and some standout partners.’
‘Paula Kennedy stands out. Responsive and provides pragmatic advice.’
‘BP has near-unrivalled levels of experience in the investment funds space.’
‘Andrew Christie is fantastic.'
‘Burness are the most well known/well regarded funds practice in Scotland. They have a good understanding of the law, fund structures/current issues.’
‘Paula Kennedy is our key relationship partner. She is knowledgeable, responsive and pragmatic. Also a pleasure to work with.’

Key clients

European Investment Fund
Hg Capital
Stafford Capital Partners Limited
NextEnergy
EIG Global Energy Partners
Greystar Real Estate Partners
Livingbridge
L Catterton

Work highlights

Advised European Investment Fund in relation to its €300m investment in Atomico Growth VI.
Advised EIG in relation to Scots law structuring aspects of the $4.7bn Breakwater acquisition.
Advised Hg in relation to Scots law structuring aspects of the Hg Saturn 3, Hg Genesis 10 and Hg Mercury 4 structures, all of which reached hard caps and raised over $20bn.