Mr Stéphane Puel > Gide Loyrette Nouel A.A.R.P.I. > Paris, France > Lawyer Profile

Gide Loyrette Nouel A.A.R.P.I.
15 rue de Laborde
Stéphane Puel photo

Work Department

Banking & Finance


Stéphane Puel heads the Investment Funds & Asset Management team. He advises French and international financial institutions on all regulatory matters, and in particular on structuring, setting up, documenting and distributing regulated and non-regulated French and foreign law open-end and closed-end investment funds, such as hedge funds, REITs, private equity funds, infrastructure funds and distressed debt funds.

Stéphane is in regular contact with the French Financial Markets Authority (AMF) on all matters relating to licensing management companies, setting up investment funds, and distributing French and foreign investment funds and structured products.

Stéphane also advises these entities on the conduct of business rules applicable to them and assists them with court or disciplinary proceedings linked to their activity. He is a member of the Gide team which assisted the ASPIM since 2004 on the revamping of the regulations applicable to French real estate funds (OPCI).


Stéphane was Gide’s managing partner from 2012 to 2020.


French, English


Stéphane Puel is a member of the permanent commission on “Asset Management and Institutional investors” at the AMF; the French High Legal Committee for the Paris Finance Marketplace (Haut Comité Juridique de la Place Financière de Paris); the legal committee of the AFIC (French venture capital association); and of the Tax, Legal & Regulatory Committee of the European Private Equity & Venture Capital Association (EVCA).

Lawyer Rankings

France > Private equity: Fund formation

(Hall of Fame)

Stéphane PuelGide Loyrette Nouel A.A.R.P.I.

Gide Loyrette Nouel A.A.R.P.I. excels in forming and structuring a broad cross-section of funds, such as private equity, real estate, infrastructure, debt and open-ended vehicles. In addition to acting for fund managers, the firm also attracts investor-side mandates. The practice is led by Stéphane Puel, who advises French and global financial institutions on regulatory matters. Guillaume Goffin and Benjamin Delaunay are other key contacts.

France > Banking and finance: Bank regulatory

(Leading individuals)

Stéphane PuelGide Loyrette Nouel A.A.R.P.I.

Gide Loyrette Nouel A.A.R.P.I.‘s financial services team acts for French and foreign management companies, banks, financial institutions, investment funds, advising them on their structure, regulatory framework and activities. The innovation and fintech desk, led by Franck Guiader, is a valuable addition and focuses on legal and regulatory foresight, decision-making, and legal structuring in the field of digital innovation. Practice head Stéphane Puel and Guillaume Goffin stand out. Jean-Guillaume de Tocqueville left the firm for Jones Day in June 2021.

France > Dispute resolution: Stock market litigation

Gide Loyrette Nouel A.A.R.P.I. is particularly visible as adviser to financial institutions and asset management firms in matters across the full range of AMF matters. The practice is one of the few combining an excellent ability to assist clients with AMF fund regulatory controls and disciplinary proceedings and expertise in defending clients facing stock market abuse investigations, defending companies and CEOs as well as financial institutions. The practice’s busy caseload includes several high-profile AMF investigations relating to financial communication and insider dealing issues. The practice is co-headed by Jean-Philippe Pons-Henry, who comes highly recommended,  Bruno Quentin and Stéphane Puel. Regulatory expert Benjamin Delaunay made partner in 2021. Jean-Guillaume de Tocqueville  left the firm in 2021.

Paris > Résolution des litiges > Contentieux boursier

Gide Loyrette Nouel A.A.R.P.I. has strong specialised expertise in assisting financial institutions and asset management firms with AMF compliance investigations and related sanction proceedings. The firm was recently appointed to assist with one-of-a-kind appeal proceedings challenging an AMF sanction concerning a non-regulated entity. The practice also acts in market abuse cases, particularly alongside financial institutions. Jean-Philippe Pons-Henry is the key name in the practice. Also involved are Jean-Guillaume de TocquevilleBruno Quentin and Stéphane Puel.

Gide Loyrette Nouel A.A.R.P.I. assiste particulièrement des institutions financières et des sociétés de gestion d’actifs dans la gestion de l’ensemble de leurs dossiers AMF. Le cabinet les accompagne notamment dans le cadre de contrôles réglementaires et disciplinaires AMF. En plus des institutions financières, il assure aussi la défense d’entreprises et dirigeants visés par des enquêtes pour abus de marché. Le volant d’affaires en cours comprend plusieurs enquêtes AMF emblématiques, portant sur des problématiques de communication financière et de délit d’initié. La pratique est codirigée par  Jean-Philippe Pons-Henry qui est fortement recommandé, Bruno Quentin et Stéphane Puel.  L’expert en matière de réglementation financière Benjamin Delaunay a été promu associé en 2021, quand Jean-Guillaume de Tocqueville   a quitté le cabinet la même année.


Paris > Banque et finance: Regulatory

(Les grands avocats de demain)

Stéphane PuelGide Loyrette Nouel A.A.R.P.I.

(Les grands avocats du marché)

Stéphane PuelGide Loyrette Nouel A.A.R.P.I.

Gide Loyrette Nouel A.A.R.P.I.‘s practice focuses on French, UK and US law. The team acts for domestic and foreign management companies, banks, financial institutions and investment funds, with extensive experience in bank lending, capital markets and structured finance. The department continues to be a key name for fintech regulatory matters, focusing on legal foresight and structuring on behalf of start-ups, scale-ups and incumbent players. Stéphane Puel leads the firm. Guillaume Goffin provides clients with ‘detailed and pragmatic technical analysis‘. Jean-Guillaume de Tocqueville left the firm in May 2021.

L’équipe de Gide Loyrette Nouel A.A.R.P.I., spécialisée sur le segment des services financiers, assiste des sociétés de gestion, des banques, des établissements financiers, des fonds d’investissement d’origines française et étrangère, sur la structuration et dans la conduite de leurs activités, et dans la gestion de leurs problématiques réglementaires. La pratique du cabinet profite également de l’expertise complémentaire offerte par le desk fintech et innovation, supervisée par Franck Guiader , qui travaille sur les développements juridiques et réglementaires propres au secteur de l’innovation numérique. La pratique du cabinet est dirigée par  Stéphane Puel qui est particulièrement recommandé, tout comme Guillaume Goffin . A noter, Jean-Guillaume de Tocqueville a quitté le cabinet pour Jones Day en juin 2021.

Paris > Private equity > Formation de fonds

(Hall of Fame)

Stéphane PuelGide Loyrette Nouel A.A.R.P.I.

Gide Loyrette Nouel A.A.R.P.I. est en capacité d’intervenir sur la structuration d’un large éventail de fonds : capital-investissement, immobilier, infrastructure, dette. Le cabinet assiste des gestionnaires de fonds, ainsi que des investisseurs. La pratique est dirigée par  Stéphane Puel, qui assiste des institutions financières françaises et internationales sur le traitement de leurs questions réglementaires. Participent aussi à la pratique :  Guillaume Goffin et Benjamin Delaunay .