Ogier advises Knight Frank on launch of its first investment fund

Ogier’s Jersey office has advised real estate investment manager Knight Frank Investment Management (KFIM) on the launch of its first investment fund.

The fund is an open-ended Jersey Expert Fund structured as a Jersey unit trust. The fund, which raised more than £300m in its first close, will invest in UK real estate and aims to provide investors with a low-risk income return, targeting well-let assets with strong underlying property fundamentals.

Equity for the first close was provided by pension fund clients of brokerage firm Willis Towers Watson.

The Ogier team was led by partner Niamh Lalor, assisted by Dilmun Leach (senior associate) and Tatiana Collins (associate). The team worked alongside Nabarro as lead onshore counsel. Sanne Trustee Services Limited are providing a “manco” trustee and AIFM for the fund.