Twitter Logo Youtube Circle Icon LinkedIn Icon

The Legal 500 Hall of Fame Icon The Legal 500 Hall of Fame highlights individuals who have received constant praise by their clients for continued excellence. The Hall of Fame highlights, to clients, the law firm partners who are at the pinnacle of the profession. In the United Kingdon, the criteria for entry is to have been recognised by The Legal 500 as one of the elite leading lawyers for eight years. These partners are highlighted below and throughout the editorial.
Click here for more details

United Kingdom > Guernsey > Investment funds > Law firm and leading lawyer rankings

Editorial

Other

Index of tables

  1. Investment funds
  2. Leading individuals: Hall of Fame
  3. Leading individuals
  4. Next Generation Partners
  5. Rising stars

Next Generation Partners

  1. 1

Carey Olsen handles a mix of funds work, clearly leading some statistical measures of funds advice. The firm handles private funds work instructed via elite London firms for some of the global elite private equity fund sponsors, with Tom Carey, Annette Alexander, David Crosland, Andrew Boyce and Ben Morgan leading key work in this area; a number of those also have expertise in handling listed funds work. Chris Hutley-Hurst is a well-respected senior associate, as is Gemma Campbell, who co-operates with Alexander and Morgan on work for elite private equity houses.

Practice head(s):Ben Morgan

Other key lawyers:Tom Carey; Annette; Alexander; David Crosland; Andrew Boyce; Chris Hutley-Hurst; Gemma Campbell

Testimonials

'The Carey Olsen team is truly first-class: it is has very broad and deep experience and a real focus on combining technical excellence with commercial acumen.'

'What differentiates the firm is the team's solutions-oriented approach: they never present issues without suggestions on how to resolve them.'

'The relationship and respect Carey Olsen has with the Guernsey Financial Services Commission is exceptional, and of great assistance when up against a tight time frame.'

'David Crosland is very focused on delivering pathways to the result the client wants.'

'Annette Alexander manages her relationships with a true ownership mindset - working with her and her team is a real partnership.'

'Chris Hutley-Hurst is a very capable senior associate who is also a really nice guy.'

Key Clients

Permira

Marble Point Loan Financing

Inflexion Private Equity Partners

CEIBA Investments

Alchemy Partners

ADM Capital

Macquarie Group

Blue Water Energy

Alchemy Partners

Terra Firma Capital Partners

Work highlights

  • Advised Inflexion Private Equity Partners on forming Inflexion Buyout Fund V, which raised £1.25bn, and Inflexion Partnership Capital Fund II, which raised £1bn - both of which were oversubscribed.
  • Advised Alchemy Partners on forming a special opportunity fund, Alchemy Special Opportunities Fund IV, which raised its hard cap of £900m.
  • Advised Picton Property Income, a fund with a net asset value of around £500m, on its transition from a Guernsey resident collective investment scheme to a UK REIT.
  • Advised ADM Capital on the designation of its agribusiness fund, the Cibus Fund, as the first Guernsey Green Fund.
  • Advised Permira on forming Permira Growth Opportunities and Permira Sigma V, a debt fund investing in European CLOs.

Mourant handles a range of work, including complex mandates relating to leading listed funds. Caroline Chan has listed funds expertise, as does Darren Bacon; in private funds, Frances Watson  also handles billion-dollar fundraisings, as well as complex work concerning open-ended funds. Senior associate Alana Gillies is active in advising leading private equity firms. Dylan Latimer is now at Bedell Cristin.

Practice head(s):John Lewis

Other key lawyers:Caroline Chan; Darren Bacon; Frances Watson

Testimonials

'The team has a thorough grasp of the sector and issues affecting listed funds, with advice delivered in an efficient manner.'

'Frances Watson is very calm but clearly on top of all the issues, without over-complicating the points.'

'Excellent on listed funds.'

'Frances Watson gives excellent practical advice and is extremely user-friendly.'

'One of the leading firms for funds work.'

'Darren Bacon is responsive, commercial, easy to deal with and very strong across a broad range of fund types.'

'For funds work, the three leading firms are Mourant Ozannes, Carey Olsen and Ogier. To be a top funds practice in Guernsey, you need to be a team that knows when to be hands-off (ie letting lead counsel in London run the deal) and when to be hands-on, and a team that is able to come up quickly with good solutions to problems that arise. Ideally, you also need to be strong at both private funds and listed funds.  The Mourant team is very good because it has all these key characteristics'.

Key Clients

Aberdeen Asset Management

Actis Capital

AXA Investment Management

Blackstone

HgCapital

Investec

Norvestor

OpCapita

Pantheon

SQN Capital

Work highlights

  • Advised Stonehage Fleming on launching a Guernsey fund using assets transferred from cells in protected cell company.
  • Advised Investec World Axis on launching two open-ended funds as cells of an existing protected cell company.
  • Advised NextEnergy Solar Fund on issuing preference shares.
  • Advised Sequoia Economic Infrastructure Income Fund on the offer and placing of shares.
  • Advised John Laing Infrastructure Fund on its sale to a consortium led by Dalmore Capital and Equitix Investment Management.

Alongside a number of private funds mandates, Ogier handles listed fund formations and transactions as well as a range of ongoing advisory and regulatory matters. Craig Cordle handles venture capital work as well as listed vehicles, with Bryon Rees also a key name for both seams of work. Tim Clipstone, who joined in 2018 from Maples Group in Tortola, contributes BVI law expertise.

Other key lawyers:Craig Cordle; Bryon Rees; Tim Clipstone

Testimonials

'In relation to listed funds, the background of the team members means the firm knows the sector and the market participants in London as well as it knows its offshore peers.'

'One of the leading teams for closed-ended investment company work on the island - they understand what onshore lawyers require of them.'

'Knows the market well, with great breadth of knowledge and a wide network on the island.'

'Bryon Rees stands out as his advice is always commercial and deals with the exact issue.'

'Craig Cordle brings City experience, understanding and commerciality to his practice, which is evident in his plain-speaking and considered approach.'

'Oliver Quarmby understands the key issues, both commercially and legally, not just from a Guernsey but also a London perspective.'

'Tim Clipstone has an impressive ability to manage complicated matters in a calm and considered manner.'

Key Clients

CIP Merchant Capital

Disruptive Capital

EEA Life Settlements Fund

Equitix

Golden Prospect Precious Metals

Mid-Europa Partners

Sherborne Investors

Black Swan Venture Capital

Baillie Gifford

Work highlights

  • Advised Ravenscroft Private Investment fund on its formation, and first close, raising £24m.
  • Advised Equitix on forming Equitix Fund V, a fund partnership with vehicles in various jurisdictions, including a Guernsey feeder named Equitix Feeder Fund V.
  • Advised Hipgnosis Songs Fund on the creation and listing of a fund to invest in music intellectual property, which raised £200m.
  • Advised Heartwood Alternatives Fund on a change of Guernsey administrator.

Collas Crill covers both listed funds as well as mid-size private funds, some of which invest in unusual assets such as litigation finance, while the firm also advises institutional investors on limited partner commitments. Paul Wilkes, Sean Cheong and Wayne Atkinson are all active in funds work as part of the firm's broader corporate and finance practice.

Practice head(s):Paul Wilkes

Other key lawyers:Sean Cheong; Wayne Atkinson

Key Clients

Ravenscroft

EquityBridge Asset Management

Channel Islands Property Fund

Riverside Capital Group

Freedom Asset Management

SA Alpha

Cannon Asset Management

Da Vinci Group

Calunius Capital

Work highlights

  • Advised Peregrine Guernsey on relocating a Bermuda master-feeder structure to Guernsey.
  • Advised India Capital Growth Fund on its elevation from AIM to the main market of the London Stock Exchange.
  • Advised African Capital Managers on the creation of an open-ended fund registered with the GFSC.
  • Advised SA Alpha on the creation and regulatory approval of two new funds structured as protected cells.

Ferbrache & Farrell LLP handles a range of fund formation and advisory mandates, covering both private funds as well as open-ended funds work. Gavin Farrell's team has a strong following among Norwegian managers, and also advises US university endowments. Natalie Le Cras is the key senior associate.

Practice head(s):Gavin Farrell

Other key lawyers:Natalie Le Cras

Testimonials

'A newer boutique law firm on the island with partners that have worked for years in larger offshore and onshore firms.'

'Gavin Farrell is one of the best corporate and funds lawyers on the island - he has a very detailed approach but always sees things with a fresh mind.'

Key Clients

Associated Partners

E. I. Sturdza Strategic Management

ESRG Group

Financial Services Opportunity Investment Fund

Guernsey Investment Fund

HitecVision

Kestrel Partners

Lakestar Advisors

Norvestor

Offshore Merchant Partners Asset Yield Fund

Phaunos Timber Fund

Work highlights

  • Advised Lakestar Advisors on creating two new billion-Euro private fund structures: Lakestar III and Lakestar Growth I.
  • Advised as sole counsel on the creation of the Guernsey Investment Fund, a structure aiming to invest in on-island assets structured as a Guernsey PCC.

WALKERS advises a number of managers, many of real estate funds, on various issues concerning the uses of Guernsey protected cell companies. The team also handles investor-side work for sovereign wealth funds. Matt Sanders and Sam Shires - key names in the firm's broader corporate, finance and funds practice - lead agenda-setting mandates. Among the firm's senior counsel ranks, Stephen Ozanne is a new promotion and Zoe Hallam joined from the firm's Cayman office.

Practice head(s):Matt Sanders

Other key lawyers:Sam Shires; Stephen Ozanne; Zoe Hallam

Key Clients

Hansa Fund

Hillview Partners Property Fund

PSG Mutual Fund

Shelley Capital Management

Socii Capital Growth

Strawberry Star Real Estate

The International Mutual Fund PCC

Work highlights

  • Advised Strawberry Star Real Estate on the launch of two new protected cells to invest in UK property.
  • Advised Shelley Capital Management on the creation of a new fund to take control of one whose manager was subjected to a GFSC suspension.
  • Advised The International Mutual Fund on the wind-down of a number of its cells.

Appleby's handles various mandates concerning listed and private funds, some of which involve collateralised loan obligations, with counsel Chet Pohl. Kate Storey left in mid-2018 to join WALKERS, and in September 2019 Andrew Harding returned to the Isle of Man, joining DQ.

Other key lawyers:Chet Pohl

Testimonials

'The team has a good knowledge of market practice and anticipates the responses of the counterparty.'

'One of the more forthcoming firms, and one that invests the most time in assisting clients early on in the process.'

'Chet Pohl is fundamental in transactions for navigating the processes of fund launches, providing a pragmatic and clear opinion on the pertinent matters.'

Key Clients

Augentius

Blackstone

BMO Real Estate Partners

Brooks Macdonald

Equiom

Ground Rents Income Fund

HSBC

Intertrust

PraxisIFM

Wells Fargo

Work highlights

  • Advised Ground Rents Infrastructure Fund on a refinancing, a conversion of warrants into ordinary shares and the listing of said shares on TISE.

Bedell Cristin's corporate team, which is led by Kate Ovenden and Richard Sharp, handles funds work, primarily private funds in the energy space, while some of the firm's other mandates concern regulated funds as well. Sharp also has insurance-related funds expertise. Dylan Latimer joined as a partner from Mourant, where he was a counsel, in September 2019.

Practice head(s):Kate Ovenden

Other key lawyers:Richard Sharp; Dylan Latimer

Key Clients

Catalyst Investment Management

Work highlights

  • Advised EV Private Equity on launching a new fund, EV Private Equity V Plus.

Press releases

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to

Legal Developments in Guernsey for Investment funds

  • In re B; B v T (Court of Appeal, 11 July 2012)

    A trustee's duty of confidentiality has recently been discussed and to some extent clarified in the recent Guernsey Court of Appeal decision of In re B; B v T (Court of Appeal, 11 July 2012). This summary has been prepared to provide you with a summary of the case as well as the general issues raised, but is not intended to cover all matters or to provide commentary.   This summary does not constitute legal advice.
    - Ogier

Legal Developments in Guernsey

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • In re B; B v T (Court of Appeal, 11 July 2012)

    A trustee's duty of confidentiality has recently been discussed and to some extent clarified in the recent Guernsey Court of Appeal decision of In re B; B v T (Court of Appeal, 11 July 2012). This summary has been prepared to provide you with a summary of the case as well as the general issues raised, but is not intended to cover all matters or to provide commentary.   This summary does not constitute legal advice.
  • The Company Administration Regime in Guernsey

    Introduction 
  • Guernsey Image Rights Legislation

    The Image Rights (Bailiwick of Guernsey) Ordinance 2012 (the Ordinance) and The Image Rights (Bailiwick of Guernsey) Regulations, 2012
  • Guernsey Foundations

    The Foundations (Guernsey) Law, 2012 (Law) is awaiting Royal assent, expected to be given by the end of the year or early next year. Whilst Guernsey is not the first jurisdiction to provide for foundations, the Law does provide a number of unique options for individuals wishing to take advantage of the benefits provided by foundations. The purpose of this note is to provide both a general summary of the features of a Guernsey foundation, as well as a summary of these unique options that will be available under the Law.
  • Competitive Guernsey

    Guernsey has been considering the introduction of local competition law since at least 2005 and by bringing into effect The Competition (Guernsey) Ordinance, 2012 on 1 August 2012, has introduced an effective Competition Law regime, to regulate the same 3 core areas recognized in most competition regimes, namely the abuse of a dominant position, anti-competitive arrangements, and mergers and acquisitions.
  • Friendly Rivalry? The Competition Laws of the Channel Islands

    • New Competition Law for Guernsey in force on 1 August 2012 • Jersey and Guernsey now both regulate the abuse of a dominant position, anti-competitive arrangements, and mergers and acquisitions • Key differences between the islands' competition laws • Overall, a pan-Channel Island approach to regulation
  • Channel Islands Stock Exchange (CISX) Rule Change Update

    Ogier Corporate Finance Limited (OCFL) is the market leader in providing listing agent services for the listing of securities on the Channel Islands Stock Exchange (CISX or the Exchange) having sponsored over 445 listings.
  • Channel Island Stock Exchange, LBG - Listing of Securities of Investment Funds

    The Channel Islands Stock Exchange, LBG (the Exchange or CISX) commenced operations on 27 October 1998 and is intended to provide recognised facilities for the listing and trading of securities issued by companies and investment funds.
  • Investment funds in Guernsey

    The investment funds industry in Guernsey has achieved significant growth in recent years. Statistics show that as at 30 June 2011 there was ÂŁ274.5 billion of assets under management in Guernsey.
  • Guernsey Companies Law - Office of the Registrar of Companies

    This memorandum has been prepared for the assistance of our clients in connection with the provisions relevant to the Office of the Registrar of Companies under the Companies (Guernsey) Law, 2008 (as amended) (the “Companies Law”).

Press Releases in Guernsey

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to