GSK Stockmann > Luxembourg, Luxembourg > Firm Profile

GSK Stockmann
44, AVENUE JOHN F. KENNEDY
1855 LUXEMBOURG
Luxembourg

Luxembourg > Investment funds Tier 3

GSK Stockmann has ‘deep legal knowledge of Luxembourg corporate and funds law’ which it harnesses to good effect on behalf of many international fund managers, including German-speaking clients. Marcus Peter heads the team.

Practice head(s):

Testimonials

‘The team is very professional and has a deep legal knowledge of Luxembourg corporate and funds law.’

Key clients

Universal Investment

b-to-v

Ethenea / Main First

BayernInvest Luxembourg

Fosun Capital

Infrared Capital Partners Limited

EQT Management SARL

MK LuxInvest SA

UBS Luxembourg

Brunswick Capital (Leimdörfer)

Prosnav Capital

LRI Invest SA

Fosun Capital

Amundi

Work highlights

  • Advised Fosun Capital on the set-up of a Luxembourg RAIF for Chinese and European Investors.
  • Advising MK LUXINVEST SA on the €200m transfer of an existing Luxembourg AIF (part II fund) to MK LUXINVEST SA new ManCo.
  • Advising Universal and BWVA (a German pension scheme) on setting up a new €200m Luxembourg RAIF for real estate investments.

Luxembourg > Tax Tier 3

Led by the 'responsive' Mathilde Ostertag, the 'approachable and well-informed' team at GSK Stockmann regularly provides the tax structuring pursuant to private equity and real estate investment work handled by the firm's transactional lawyers. Most of the work is of a cross-border nature, including a considerable volume of matters for German-speaking clients.

Practice head(s):

Other key lawyers:

Testimonials

‘The team is very familiar with their market and is excellent at advising  international clients to help them reach informed decisions to legally minimise liabilities.’

‘The team is approachable and well informed; able to advise clients clearly and in simple layman terms which helps considerably to reach informed decisions.’

‘Practical and fun to work with.’

‘Mathilde Ostertag is responsive.’

Key clients

Obton A/S

Stonehill Holdings Sarl

Axa Investment Managers

Grand City Properties S.A.

Aroundtown SA

Airbus Bank

Universal-Investment-Luxembourg SA

Glenmont Partner

Falcon Group

Kalrock

Modifi

Hauk & Aufhaüser Bank

Nord LB

Work highlights

  • Advising Obton A/S on the acquisition of part of the EOS structure comprising a Luxembourg Holding company holding ten Italian subsidiaries active in the renewable energy sector.
  • Advising Stonehill Holdings in its negotiations with M&G Real Estate for the financing of the €62.1m PBSA (Purpose-Built Student Accommodation) in central Bologna, Italy.
  • Advising AXA Investment Managers on the tax and legal structuring of the high-value acquisition of a substantial office building, the implementation of a Luxembourg acquisition structure including Luxembourg investment law and financing.

Luxembourg > Banking, finance and capital markets Tier 4

Well-positioned to advise German speaking clients and also increasingly well-resourced at a partner level in relation to local law (having recently made up two partners), GSK Stockmann’s ‘approachable and proactive’ four-partner team provides a versatile service to lenders and borrowers across a wide spectrum of finance transactions, including in the context of real estate-related mandates for German banks. Andreas Heinzmann is ‘down-to-earth and knowledgeable’, particularly as it relates to debt capital markets matters; he regularly provides advice on the Luxembourg element of asset-backed securitisation transactions arranged through Luxembourg domiciled securitisation vehicles. Philipp Mößner co-heads the team alongside Heinzmann and is noted for his capital markets work.

Other key lawyers:

Testimonials

‘They are straightforward, down-to-earth and very knowledgeable.’

‘The team conducts itself in a really professional way.’

‘We regularly use GSK for the Luxembourg element of asset backed securitisation transactions arranged through Luxembourg domiciled securitisation vehicles. The GSK team are very approachable, proactive and frequently impress with their deep expertise.’

‘Our main point of contact is Andreas Heinzmann. We have built a very good and efficient working relationship over more than 5 years.’

‘Valerio Scollo and Andreas Heinzmann are quick and uncomplicated.’

Key clients

Bank of China

EQT

Vicenda Asset Management

VP Bank

Aroundtown S.A.

Grand City Properties S.A.

FREO Group

Mediobanca International (Luxembourg) S.A.

4finance Group

Hauck & Aufhäuser Bank

Universal Investment

Work highlights

  • Advising Telecom Italia Finance S.A as lead counsel in relation to a €20bn medium term note programme, the note issue being secured by pledge agreements and mortgages over the assets of the borrower, governed by Luxembourg and Italian law.
  • Advised Mediobanca International S.A. on the syndication of a €500m loan originally made available by Natixis and BNP Paribas to Monaco Telecom.
  • Advised Aroundtown SA, the largest German listed commercial real estate company, in connection with a placement of $250m subordinated convertible notes due 2023, the first mandatorily convertible bond issued by a Luxembourg issuer.

Germany > Banking and finance > Financial services: regulatory

As an established player especially in the digitization sphere, GSK Stockmann frequently advises on the implementation of digital subscription routes and the establishment of e-money-based benefit programs. These fintech-related matters are often handled by Timo Bernau, among others, who advises on various innovative financial products and jointly heads the practice with Robert Kramer, who has expertise in the funds sector. Other practice pillars include transactions, new business models development and dispute resolution, which are all regularly handled in cooperation with the Luxembourg office headed by Andreas Heinzmann.

Testimonials

‘Specific knowledge in connection with bank concession proceedings before the European Courts.’

‘Okko Behrends is an excellent fighter with extensive expertise. Doesn’t need a team of 5 juniors who work for him and are charged additionally, but shows competence himself.’

‘I have had a very pleasant working relationship with Okko Behrends – an excellent lawyer to work with.’

‘Okko Behrends is a pragmatic and practical lawyer. He has an eye for detail and is very capable of translating complex Dutch matters for clients who have no knowledge of Dutch law. He gets things straight.

‘The team has enormous technical expertise and a very good overview of the market in terms of practice. The advice is pragmatic, always related to the specific situation and takes into account the individual needs of the client.’

‘A well-established team that always has access to necessary specialist expertise.’

‘Volker Baas: Excellent knowledge and experience of banking and regulatory law. An extremely pleasant and constructive discussion partner with helpful risk assessments and legal evaluation.’

‘Short response times; pragmatic approach; clean documentation.’

Key clients

3Red Partners LLC., Chicago

Bankhaus von der Heydt GmbH & Co. KG

CAPTIQ GmbH

Companisto GmbH / Companisto Holding GmbH

DBF Holding GmbH

DF Deutsche Finance Investment GmbH

SolarisBank AG

Spendit AG

ZBI Vertriebs-koordinations GmbH

Immutable Insight Capital Management GmbH / Von der Heydt Asset Servicing SA

Work highlights

  • Advising Bankhaus von der Heydt GmbH & Co. KG on various cross-border securitization structures in connection with the mapping of different investment strategies for money market strategies, crypto assets and alternative real asset funds.
  • Advice to CAPTIQ GmbH  on its development of a new and innovative credit platform, starting with the refinancing structure in Luxembourg, the regulatory and structural setup with partner bank in Germany, the draft of customer-related documents and data policy as well as legal coordination with other business partners who are connected to the platform.
  • Advice to Companisto GmbH/ Companisto Holding GmbH on the structuring and implementation of various equity financing models for companies to issue via a digital financing platform.
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The firm: GSK Stockmann is a leading independent European corporate law firm with over 250 professionals across our offices in Germany, Luxembourg and the UK.

GSK Stockmann is the law firm of choice for real estate and financial services. In addition, we have deep-rooted expertise in key sectors including funds, capital markets, public, mobility, energy and healthcare.

Our advice combines an economic focus with entrepreneurial foresight. That is what is behind: Your perspective.

For international transactions and projects, we work together with selected reputable law firms abroad.

More about us: www.gsk-lux.com

Areas of practice: In Luxembourg, GSK Stockmann  is the trusted adviser of leading financial institutions, asset managers, private equity houses, insurance companies, corporates and FinTech companies, with both, a local and international reach.

Our lawyers advice domestic and international clients in relation to banking and finance, capital markets, corporate/M&A and private equity, investment funds, real estate, regulatory and insurance as well as tax.

DepartmentNameEmailTelephone
Corporate/M&A and Private Equity; Investment Funds; Real Estate Dr Marcus Petermarcus.peter@gsk-lux.com+352 271802-50
Capital Markets; Banking & Finance Andreas Heinzmannandreas.heinzmann@gsk-lux.com+352 271802-30
Corporate/M&A and Private Equity; Banking & Finance Dr Philipp Moessnerphilipp.moessner@gsk-lux.com+352 271802-40
Tax; Investment Funds; Real Estate Mathilde Ostertagmathilde.ostertag@gsk-lux.com+352 271802-60
Capital Markets; Banking & Finance Dr Manuel Fernandezmanuel.fernandez@gsk-lux.com+352 271802-31
Capital Markets; Banking & Finance Valerio Scollovalerio.scollo@gsk-lux.com+352 271802-31
PhotoNamePositionProfile
Manuel Fernandez photo Manuel FernandezLocal Partner GSK Stockmann SA
Andreas Heinzmann photo Andreas HeinzmannPartner GSK Stockmann SA
Philipp Mößner photoDr Philipp MößnerPartner GSK Stockmann SA
Mathilde Ostertag photo Mathilde OstertagPartner GSK Stockmann SA
Marcus Peter photoDr Marcus PeterPartner GSK Stockmann SA
Valerio Scollo photo Valerio ScolloLocal Partner GSK Stockmann SA
Number of lawyers (Germany and Luxembourg) : 200
Number of lawyers (Luxembourg) : 30
Englisch
German
French
Luxembourgish
Chinese
Italian
Greek
Turkish
Russian
Portugese
Spanish
Somali
Finnish
ABBL – www.abbl.lu
ALFI – www.alfi.lu
AMCHAM Luxembourg – www.amcham.lu
CHINALUX – china-lux.lu
LPEA – www.lpea.lu
LUXREAL – www.luxreal.lu
CCIL – www.ccillux.eu
LILLA – www.lilla.lu
Other offices : Berlin
Other offices : Frankfurt
Other offices : Hamburg
Other offices : Heidelberg
Other offices : Munich

As a European corporate law firm GSK Stockmann is strongly committed to diversity in order to meet client expectations, attract talented individuals and drive innovation. We believe that diversity is integrally intertwined with corporate citizenship as well as environmental, social and governance (ESG) aspects.

In terms of gender diversity, we enable flexible work solutions to promote female leadership. Our Luxembourg office stands for cultural diversity: Our legal practice and international client base benefit from the diverse backgrounds of our lawyers and our staff, enabling us to speak our clients’ language and relate to their cultural background.

As good corporate citizens in Luxembourg, we aim to support local activities. As corporate members of the Philharmonie Luxembourg, we have decided to address our corporate Christmas donation to the Fondation EME founded by the Philharmonie, connecting the vulnerable with music, which is more important than ever during these challenging times. We regularly offer local artists a platform to present contemporary Luxembourgish art in our premises; each exhibition is highlighted by a vernissage, which has become a regular event for many of our clients, friends and colleagues.

In relation to ESG considerations, we see a growing demand of investors, asset managers, corporates and institutions and hence an increasing number of “green” transactions. Taking up the green movement as an employer, we have banned plastic bottles and established the use of water dispensers, within both the office and the conference rooms. We have implemented printing processes according to the latest standards to avoid unnecessary waste. Moreover, our office follows the internal firm-wide travel recommendations, e.g. to avoid plane travel where possible and set up video conferences instead. In relation to our office, the materials used comply with modern environmental standards.


GSK Stockmann is a leading independent European corporate law firm with over 200 professionals across our offices in Germany and Luxembourg.

Advising clients on their international undertakings requires a deep understanding of the legal, economic and cultural aspects of our increasingly globalised market. To support your international activities, we have bundled our many years of international expertise into country desks – our GSK Desks. They pave the way to international markets and to our home markets Germany and Luxembourg.

GSK Stockmann is a leading, independent European corporate law firm, with an international profile. We maintain close relationships with law firms in key jurisdictions around the world, who share our values and approach. Underpinning our international strategy is the flexibility to work with the most suitable international partner for each client and case, whether that is working with our established law firm contacts or the client’s preferred local adviser. We bring together the most effective and experienced team to support our clients’ international projects. Our international Desks are comprised of lawyers with detailed market and cultural knowledge and the range of languages skills required to meet our clients’ international requirements.

Our GSK Desks are:

●        GSK Desk Austria and Switzerland
●        GSK Desk Benelux
●        GSK Desk China
●        GSK Desk France
●        GSK Desk Italy
●        GSK Desk USA

More about our international approach.

Interview with GSK Stockmann – Dr. Marcus Peter | Andreas Heinzmann | Dr. Philipp Mössner | Mathilde Ostertag | Manuel Fernandez | Valerio Scollo

Founded in 2016, it is time to reflect on the successful development of the Luxembourg office of European corporate law firm GSK Stockmann. Interview with the team of partners: Marcus Peter, Andreas Heinzmann, Philipp Mössner, Mathilde Ostertag, Manuel Fernandez and Valerio Scollo.

How has GSK Stockmann established itself within the Luxembourg legal market?

Opened in March 2016, our office started with 3 partners, 5 associates and 1 staff member; as a result of organic growth we now have 30 lawyers, including 6 partners, and 18 staff from more than 10 jurisdictions speaking even more languages. The ongoing growth of our team has led to the increase of our office space. The generous space has been set up to offer individual offices for all our lawyers and business services. Another important aspect is our employer branding which – unlike most law firms – means that we do not impose minimum billable hours on our lawyers. Combined with our focus on culture we have top staff satisfaction and very low staff turnover helping us attract and retain top talent, and continually providing our clients with the highest quality of service

Has the pandemic impacted your workflow?

Our entire team – including lawyers, business services and back office staff – is equipped with laptops and smartphones, enabling the entire firm to work remotely. This has been an established way of working at the firm for some time and this technological investment has proven to be crucial since day one of the Covid-19 crisis. Our team members are able to work remotely at any time without any business disruptions to our clients. We are proud of our entire team for performing exceptionally well: Our office keeps thriving and we expect a solid increase of turnover which actually exceeds the forecast. We are pleased that we have recently been named as one of the Best Workplaces in Luxembourg and in Europe as a result of an anonymous employee online survey conducted by the Great Place to Work® Institute.

How does GSK Stockmann measure up when it comes to diversity?

Our firm is strongly committed to diversity. In terms of gender diversity, we enable flexible work solutions to promote female leadership. We promote cultural diversity, especially in our Luxembourg office. Our legal practice and international client base benefit from the diverse backgrounds of our lawyers and our staff, enabling us to speak our clients’ language and relate to their cultural background.

How do you describe your approach in relation to sustainability?

Sustainability is a key driver for the future transformation of the EU economies and Luxembourg is well placed to support this process as a leading center for sustainable finance in the heart of Europe. In this field, we see a growing demand of investors, asset managers, corporates and institutions in the ESG sector and hence an increasing number of “green” transactions. Taking up the green movement as an employer, we have banned plastic bottles and established the use of water dispensers, within both the office and the conference rooms. We have implemented printing processes according to the latest standards to avoid unnecessary waste. Moreover, our office follows the internal firm-wide travel recommendations, e.g. to avoid plane travel where possible and set up video conferences instead. In relation to our enlarged office space, the materials used comply with modern environmental standards.

What are the main drivers for your current and future activities?

At the heart of the European Union, our office is ideally positioned to provide advice to national and international clients in Luxembourg, Europe and worldwide. This integrates well in GSK Stockmann’s international strategy with international desks relating to key jurisdictions around the world in order to highlight cross-border capabilities to international clients. We have managed to achieve a consolidated profile amongst our peers, in the national and international media, and as sponsors and speakers at numerous national and international conferences. Our development is increasingly considered in national and international rankings. As good corporate citizens in Luxembourg, we aim to support local activities. As corporate members of the Philharmonie Luxembourg, we support the newly founded Luxembourg Philharmonic Orchestra Academy fostering the education of talented young musicians as well as with donations the charity organisation Fondation EME founded by the Philharmonie, connecting the vulnerable with music. We regularly offer local artists a platform to present contemporary Luxembourgish art in our premises; each exhibition is highlighted by a vernissage, which has become a regular event for many of our clients, friends and colleagues. Following a rebranding of GSK Stockmann, the firm positions itself even more firmly in the market. To learn more about GSK Stockmann in Luxembourg go to: www.gsk-lux.com

GSK Stockmann opens new office in London and welcomes York-Alexander von Massenbach as partner and office co-head

As part of its continued international strategy, GSK Stockmann announces the opening of an office in London, one of the world’s leading business and financial centres, creating new opportunities to strengthen the firm’s capabilities and international footprint.

GSK Stockmann berät Real I.S. beim Kauf des Frankfurter Marienbogens von Hines

GSK Stockmann hat die Real I.S. AG mit Sitz in München beim Kauf des Frankfurter Bürogebäudes Marienbogen vom Immobilienkonzern Hines umfassend beraten.