Funds

New ESMA guidelines for fund marketing communications

ESMA has published its final report and Guidelines on Marketing Communications which set out disclosure principles and requirements for any communications which market funds to EU investors. The guidelines have been issued in the context of the new EU regime on the cross-border distribution of investment funds, which come into effect on 2 August 2021.

Fund Finance Update – Will Jersey’s new sustainable investment disclosure requirements aid ESG financing?

ESG. Unless you have been living under a rock these last 18 months (in hindsight probably not necessarily the worst place to have been) you will have heard these three letters over and over again. The hot topic of 2020 is carrying on full steam through the course of 2021 so far. While ESG investing has been gaining steady pace over the course of the last half decade, the use of ESG in financing arrangements has seen a recent proliferation.

Gherkin

Revealed: The largest funds practices in the City

Kirkland & Ellis has the largest investment funds practice in the City and has expanded the group’s headcount more significantly than any of its competitors over the past 12 months, new data from The Lawyer has revealed. The report, which will be released on The Lawyer’s Signal channel next week, shows that Kirkland has a […]

Gherkin Kirkland

Kirkland targets funds rival Simpson Thacher for new hire

Kirkland & Ellis has raided rival private equity giant Simpson Thacher for funds specialist counsel Amy Fox. Fox, who joins as a partner, is now the fourth lawyer at senior associate or counsel level to join Kirkland as a partner so far this year and the sixth in less than 12 months. Fox’s clients include […]

Bishopsgate

Dentons funds partner exits for Paul Hastings

Paul Hastings has taken on the UK head of Dentons’ private funds practice, the latest lateral joiner for the US firm’s London office. Paul Hastings has hired investment funds lawyer Ted Craig, who spent about two years at Dentons. He previously spent more than five years at funds-focused outfit MJ Hudson; he was also a […]

Luxembourg

K&L Gates is the latest firm to launch in Luxembourg

K&L Gates has merged with Luxembourg boutique Volckrick & Associates, adding the country as its eighth location in Europe. Through the combination, a three-lawyer team of Volckrick & Associates has joined K&L Gates. Led by partner Mathieu Volckrick, the team focuses strongly on asset management, investment funds, real estate and private equity. Prior to setting […]

paris

Kirkland expands Paris office with new Willkie joiner

Kirkland & Ellis has hired a funds lawyer from Willkie Farr & Gallagher, in a practice area-first for the firm’s French operations. Willkie associate Raphaël Bloch is joining Kirkland as a partner in Paris. He has been at Willkie for over four years, joining the Paris team from King & Wood Mallesons and having trained […]

Gherkin Kirkland

Kirkland expands funds group with associate-to-partner hire

Kirkland & Ellis has boosted its London investment funds group with the hire of a new partner from Goodwin. Alan Skerritt, an associate at Goodwin who trained at Clifford Chance, will join Kirkland as a partner. His hire closely follows that of Macfarlanes senior associate Ed Prestwich, a lawyer who is understood to have been […]

Debevoise makes up City lawyer in nine-strong promos round

Debevoise & Plimpton has promoted a London lawyer to partner out of a total of nine worldwide, after the City was left out of its promotions round last year. Matthew Dickman, who sits within Debevoise’s funds and investment management group and has now ascended to the partnership, is a former Kirkland & Ellis partner who returned […]

Squires strikes for five City hires

Squire Patton Boggs (SPB) has brought in a Paul Hastings lawyer to kickstart a City funds practice, while also replenishing its real estate practice with a Gowling WLG team. The practice will focus on real estate funds, private equity funds and pensions funds. Paul Hastings associate Steven Ward is joining as partner, having first arrived […]

HSF’s former corporate chief exits for BlackRock

Herbert Smith Freehills’ (HSF) former global head of corporate has moved to investment fund BlackRock, where he is taking up a managing director role. Scott Cochrane is now head of public and private funds (legal) across BlackRock’s presence in Europe, the Middle East and Africa. This brings an end to a 25-year career at HSF, […]