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Goodwin

100 CHEAPSIDE, LONDON, EC2V 6DY, ENGLAND
Tel:
Work 020 7447 4200
Fax:
Fax 020 7447 4201
Email:
Web:
www.goodwinlaw.com

London: Corporate and commercial

Corporate tax
Corporate tax - ranked: tier 5

Goodwin

Goodwin's team focuses on private equity and real estate taxation. working closely with the London office's other departments to provide clients with a full service. On the funds side, a particular strength of  the  City office , the group assists clients with the formation of funds and their transactions. Following the departure of Sarah Priestley, who left to co-found PriestleySoundy in December 2018, Goodwin's tax team is led by private investment fund taxation expert Laura Charkin, who also leads on European tax, and has experience in structuring Luxembourg-based funds. Senior associate Katie Leah is noted for transactional tax matters. In June 2019, the group welcomed venture capital and real estate tax specialist Rob Young from Taylor Wessing LLP.

Practice head(s):Laura Charkin

Other key lawyers:Katie Leah; Rob Young

Key Clients

Macquarie

Ares Management

Bregal

Investcorp

Inflexion

M7 Real Estate

TA Associates

Abingworth VII

G-Square

Angelo Gordon

Work highlights

  • Advised longstanding client Macquarie on the structuring and fundraising of the first series of Macquarie SuperCore Infrastructure Fund, closing at €2.5bn in the first series of three
  • Acted for WisdomTree Investments, Inc. on its acquisition of the European exchange-traded commodity, currency and short-and-leveraged business of ETF Securities Limited for $523m

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Private equity: transactions ‚Äď high-value deals (¬£250m+)
Private equity: transactions ‚Äď high-value deals (¬£250m+) - ranked: tier 4

Goodwin

Goodwin acts for more than 20 PE houses ranging in size from smaller UK-based firms to global buyout giants. The firm boasts strong sector-specific specialisms in technology and healthcare; the former is especially busy, with the firm advising on an increase in transactions involving tech-enabled or tech-disruptive businesses. Gemma Roberts led in advising GTT Communications on its $2.3bn acquisition of Interroute, a deal that originated in the UK but spanned five different jurisdictions. Financial services is another sector of deep expertise. Besides acquisitions and exits for PE houses, the team also works on PE fund secondary work and occasionally represents portfolio companies and management teams. Mark Soundy departed to establish his own management-focused practice in October 2018; the same month saw Michael Miranda made up to the partnership. Richard Lever heads the practice.

Practice head(s):Richard Lever

Other key lawyers:Gemma Roberts; Michael Miranda; Simon Fulbrook

Testimonials

'A very strong hands-on team with an intimate understanding of the PE market and what is required to effectively execute a deal'.

'Richard Lever's performance is especially impressive; he is well supported by the high-quality team under him'.'A highly responsive team whom I trust very much'.

Key Clients

Ampersand Capital Partners

ECI Partners LLP

G Square Healthcare Private Equity LLP

Graphite Capital Management

GTT Communications

Inflexion Private Equity Partners

Investcorp

Nordic Capital IX Limited

Partners Group

TA Associates

Work highlights

  • Advised Investcorp, a leading global provider and manager of alternative investment products, on its $1bn secondary transaction with Coller Capital.
  • Advised GTT Communications, the leading global cloud networking provider to multinational clients, in its acquisition of Interoute.
  • Advised WisdomTree Investments, in its acquisition of the European exchange-traded commodity, currency, and short-and-leveraged business of ETF Securities Limited.
  • Advised TA Associates on its sale and purchase agreement, under which TA Associates acquired Compusoft AS from the existing founder Jan Lindstad’s holding companies, Tritoria Holding AS, JL Invest AS and Oivind Linstad Invest AS, which held a combined shareholding of 38.2% in Compusoft.
  • Advised DST Global in relation to its investments into Revolut and Simple Energy.
Next Generation Partners

Gemma Roberts - Goodwin

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Private equity: transactions ‚Äď mid-tier ‚Äď up to ¬£250m
Private equity: transactions ‚Äď mid-tier ‚Äď up to ¬£250m - ranked: tier 2

Goodwin

Goodwin acts for more than 20 PE houses ranging in size from smaller UK-based firms to global buyout giants. The firm boasts strong sector-specific specialisms in technology and healthcare; the former is especially busy, with the firm advising on an increase in transactions involving tech-enabled or tech-disruptive businesses. Gemma Roberts led in advising GTT Communications on its $2.3bn acquisition of Interroute, a deal that originated in the UK but spanned five different jurisdictions. Financial services is another sector of deep expertise. Besides acquisitions and exits for PE houses, the team also works on PE fund secondary work and occasionally represents portfolio companies and management teams. Mark Soundy departed to establish his own management-focused practice in October 2018; the same month saw Michael Miranda made up to the partnership. Richard Lever heads the practice.

Practice head(s):Richard Lever

Other key lawyers:Gemma Roberts; Michael Miranda; Simon Fulbrook

Testimonials

'A very strong hands-on team with an intimate understanding of the PE market and what is required to effectively execute a deal'.

'Richard Lever's performance is especially impressive; he is well supported by the high-quality team under him'.'A highly responsive team whom I trust very much'.

Key Clients

Ampersand Capital Partners

ECI Partners LLP

G Square Healthcare Private Equity LLP

Graphite Capital Management

GTT Communications

Inflexion Private Equity Partners

Investcorp

Nordic Capital IX Limited

Partners Group

TA Associates

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Venture capital
Leading individuals

David Mardle - Goodwin

Next Generation Partners

Ali Ramadan - Goodwin

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London: Investment fund formation and management

Private funds
Private funds - ranked: tier 3

Goodwin

'One could not ask for a better team of partners than Michael Halford, Shawn D’Aguiar and Patrick Deasy' at Goodwin, according to one client of the firm. The private investment funds group boasts 'decades of proven track record working with both large and emerging funds across the world', as well as Luxembourg vehicle-specific expertise. Tax, regulatory and finance capabilities are also integrated within the offering. D’Aguiar boasts a clear specialism in infrastructure, energy and emerging markets funds; he recently assisted Ambienta with the raising of Ambienta III, which is dedicated to private equity investments related to long-term environmental growth trends. 'True professional' Ajay Pathak led on the establishment of VLC Renewables Fund I for Low Carbon, which will invest in European renewable energy generation projects. Also highly recommended is associate Benjamin Yeoh, whose practice spans private equity, real estate, infrastructure, debt and venture capital funds.

Practice head(s):Michael Halford

Other key lawyers:Shawn D'Aguiar; Patrick Deasy; Ajay Pathak; Benjamin Yeoh

Testimonials

'The team possesses a comprehensive knowledge of the dynamic requirements of fund regulation, legal structures and investor needs. It is always on top of client communication'.

'After a decade of working with Michael Halford, Shawn Aguiar and Patrick Deasy, I can say they are truly exceptional industry leaders with proven track records in successfully structuring fund platforms and working with investors across the globe'.

'The Goodwin Procter Fund formation team is the best in the market for several reasons; they are extremely reliable and trustworthy, available at any time of day and night and they go the extra mile to gather market insight from their colleagues in other offices where relevant. Most importantly, they are extremely creative in terms of fund formation solutions, as well as secondary advisory work'.

'They are the most commercial of any funds legal team we have ever worked with. They are highly responsive, creative with solutions to problems and are a genuine pleasure to work with. Their depth of knowledge is second-to-none'.

'Ajay Pathak offers insights which are practical but also unique. No problem is too large to overcome. He fully integrates himself into the ambitions of the fund or business and makes himself one of the team. We always feel that we are in safe hands when working with him'.

'Ben Yeoh is a real up-and-comer. He is extremely bright, insightful and refreshingly cost-conscious. He always makes himself available to assist which, during difficult fund closings, is a real life-saver'.

'Michael Halford deserves the reputation he has garnered as a industry figurehead. His ideas are always one-step-ahead of the competition'.

Key Clients

Abingworth LLP

Ambienta SGR S.p.A

Bregal Unternehmerkapital

Capital D

Centum Investment Company Ltd

Circuitus Capital

Cordet Capital

Core Equity Holdings GP Ltd

Endless

Glennmont Partners

Investcorp

Kharis Capital Partners

Low Carbon

Macquarie

Patron Capital

SL Capital

Triton Partners

UBS Asset Management Funds Ltd

Work highlights

  • GP-led restructure of five existing assets, plus a stapled primary commitment, for Invetscorp.
  • Advised longstanding client Macquarie on the structuring and fundraising of the first series of Macquarie Super Core Infrastructure Fund SCSp.
  • Advised Core Equity Holdings as it achieved final close on its maiden fund at over €1 billion (including general partner commitment), exceeding by one-third its target of €750 million.
  • Advised longstanding client Bregal on the structuring and fundraising of Bregal Unternehmerkapital II, believed to be the largest DACH-focused fund ever raised.
  • Assisted Ambienta on the raising of its third fund, Ambienta III, with a first and done close after less than three months of active marketing.
Leading individuals

Michael Halford - Goodwin

Next Generation Partners

Ajay Pathak - Goodwin

Shawn D’Aguiar - Goodwin

Rising stars

Benjamin Yeoh - Goodwin

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Real estate funds
Real estate funds - ranked: tier 1

Goodwin

'Responsive, thoughtful and pro-active' is how one client describes the real estate funds group at Goodwin, which is led by the 'very impressive' Samantha Lake Coghlan. The impressive breadth of the practice, which covers closed-ended, open-ended and variable-priced real estate funds, is matched by the wide range of underlying real estate asset classes it has experience in. These include office, retail, residential, senior housing and infrastructure projects. In-house expertise in the areas of tax, Luxembourg vehicles and the Employee Retirement Income Security Act (ERISA) ensure that the team is able to tailor fund structures to the highly specific regulatory requirements of both institutional and high net-worth investors. UK and pan-European fund specialist David Evans is a valued member of the team; also noted is Michael Halford, who is a particular favourite for investor-side clients.

Practice head(s):Samantha Lake Coghlan

Other key lawyers:David Evans; Michael Halford

Testimonials

'Goodwin is one of the most active fund formation advisers in the real estate sector;  it has a great breadth of experience'.

'Samantha Lake Coghlan provides an excellent, user-friendly and client-oriented service'.

Key Clients

Ares Management

Baumont General Partner S.à r.l.

Gramercy Europe

GreenOak Real Estate Advisors

Kennedy Wilson UK Limited

M7 Real Estate

Man Group

NREP (Nordic Real Estate Partners)

PGIM Real Estate

Slate Asset Management LP

Work highlights

  • Advised on the second vintage of funds for GreenOak’s Real Estate's European investment strategies.
  • Advised on the structuring and establishment of NREP’s third multi-strategy real estate fund.
  • Advised on pan European real estate fund raisings and co-investment.
  • Advised M7 Real Estate on its recent GP-led restructuring and joint venture.
Leading individuals

David Evans - Goodwin

Samantha Lake Coghlan - Goodwin

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London: Real estate

Commercial property: hotels and leisure
Commercial property: hotels and leisure - ranked: tier 2

Goodwin

Hailed for ‚Äėthe breadth of its experience‚Äô, Goodwin¬†directs particular attention towards the hotels and leisure sector where it represents equity investors and other capital sources investing in hospitality assets, as well as operators of hotels and resorts. The City team, which is closely integrated with the firm‚Äôs US practice and operates on matters across the globe, handles acquisitions, disposals, financing, franchising agreements, developments, employment and regulatory matters, among others. Also noted as ‚Äėsolid on commercial property investment‚Äô, the group is recommended for inbound cross-border investment, capital raising and transactional work. The highly recommended Joe Conder¬†has a client base of sovereign wealth funds and ultra-high-net-worth managers and is a specialist on development financing, leaseback transactions and real estate financing.

Practice head(s):Teresa Goebel

Other key lawyers:Matthew Pohlman; Gretchen Scott

Testimonials

'The funds team at Goodwin is simply brilliant. The breadth of their experience and the numbers of deals they are doing the market gives them a lot of insight into what is market or not.

'Samantha Lake Coghlan is always available, super pragmatic and commercial. She advises on every aspect of real estate funds and is a go-to person on every fund related question'.

Key Clients

Angelo Gordon

Ares Management

Away Resorts Limited

Caesars Entertainment Corporation

Cairn Hotel Group

Four Seasons Hotel and Resorts

Marriott International

Meadow Partners

Oaktree Capital Management

Omnam Investment

Work highlights

  • Represented Angelo Gordon in its acquisition of several holiday parks.
  • Represented Cairn Hotel Group in negotiation of management agreements for redevelopment and rebranding of Saint Georges Hotel.

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Commercial property: investment
Commercial property: investment - ranked: tier 2

Goodwin

Hailed for ‚Äėthe breadth of its experience‚Äô, Goodwin¬†directs particular attention towards the hotels and leisure sector where it represents equity investors and other capital sources investing in hospitality assets, as well as operators of hotels and resorts. The City team, which is closely integrated with the firm‚Äôs US practice and operates on matters across the globe, handles acquisitions, disposals, financing, franchising agreements, developments, employment and regulatory matters, among others. Also noted as ‚Äėsolid on commercial property investment‚Äô, the group is recommended for inbound cross-border investment, capital raising and transactional work. The highly recommended Joe Conder¬†has a client base of sovereign wealth funds and ultra-high-net-worth managers and is a specialist on development financing, leaseback transactions and real estate financing.

Practice head(s):Joe Conder

Other key lawyers:David Evans; James Spence

Testimonials

'The funds team at Goodwin is simply brilliant. The breadth of their experience and the numbers of deals they are doing the market gives them a lot of insight into what is market or not.

'Samantha Lake Coghlan is always available, super pragmatic and commercial. She advises on every aspect of real estate funds and is a go-to person on every fund related question'.

Key Clients

Angelo, Gordon & Co

Ares Management

Deutsche Asset Management (RREEF)

Gramercy Property Europe

GreenOak Real Estate

Henderson Park

Kennedy Wilson Europe

M7 Real Estate

MPT (Medical Properties Trust)

Partners Group

Tunstall Real Estate

Workspace Group

Work highlights

  • Represented Medical Properties Trust, a US public REIT, on its €1.635bn joint venture agreement with Primonial Group.
  • Represented Kennedy Wilson Europe in a joint venture with Cain International.
  • Represented Kennedy Wilson Europe in a joint venture with AXA Investment Managers.
  • Represented GreenOak Real Estate in the investor club acquisition of two portfolios of French logistics assets.
  • Represented DWS, formerly known as Deutsche Asset & Wealth Management in RREEF Investment GmbH and Europe II SA SICAV-SIF’s £240m acquisition and forward funding of new headquarters development at the International Quarter London in Stratford.
Leading individuals

Joe Conder - Goodwin

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Property finance
Property finance - ranked: tier 5

Goodwin

Goodwin acts for both lenders and borrowers, including major banks, insurers and institutional investors. Areas of strength include acquisition finance, development finance, financings involving portfolios of real estate companies located across Europe, refinancings and CMBS loans. Practice head Paul Lyons is noted for his expertise in leveraged finance, and counsel Colin Baker has extensive experience advising financial institutions, asset managers and private equity firms on real estate and private equity financings.

Practice head(s):Paul Lyons

Other key lawyers:Colin Baker

Key Clients

Angelo Gordon & Co

Ares Management

M7 Real Estate

GreenOak Real Estate

Kennedy Wilson Europe

Meadow Partners

London Square Developments

Macquarie Capital

Deutsche Asset Management (also known as RREEF)

Patron Capital

Work highlights

  • Advising Partners Group on the development financing of 80 Fenchurch Street, which will contain office and retail space.
  • Advising M7 Real Estate on a multi-fund refinancing securitisation of European real estate assets.
  • Advising GreenOak on multiple development financing transactions across Europe.
  • Advising London Square Developments on a senior revolving development facility and senior fixed rate note facility.
Leading individuals

Paul Lyons - Goodwin

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London: TMT (technology, media and telecoms)

Pharmaceuticals and biotechnology
Pharmaceuticals and biotechnology - ranked: tier 3

Goodwin

Goodwin has a track record acting for life sciences companies and investors on corporate transactions such as M&A and IPOs as well as securities offerings and venture capital financings. It is especially expert in advising on early stage financings. Graham Defries, Andrew Harrow and Sophie McGrath are key advisors in these areas. The team has been greatly boosted with the hire of Malcolm Bates, David Mardle, Tim Worden and Adrian Rainey who joined in mid 2019 from Taylor Wessing LLP and bring a wealth of life sciences-focused corporate, commercial transactional and regulatory expertise.

Practice head(s):Graham Defries

Other key lawyers:Andrew Harrow; Sophie McGrath; Malcolm Bates; David Mardle; Tim Worden; Adrian Rainey

Key Clients

Advance Medical Solutions Group Plc

AM-Pharma Holding BV

Exscientia Limited

NodThera Limited

Gadeta BV

Galapagos NV

LumiraDx

Orchard Therapeutics

ReViral Limited

Staten Biotechnology BV

Work highlights

  • Advised Staten Biotechnology on its strategic collaboration with Novo Nordisk A/S to develop novel therapeutics for the treatment of triglyceride dyslipidaemia.
  • Advised Gadeta BV on its strategic collaboration with Kite, a Gilead company, to develop novel gamma delta T cell receptors therapies in various cancers.
  • Advised Orchard Therapeutics on its $225m IPO of American Depositary Shares.  JP Morgan, Goldman Sachs and Cowen served as the joint bookrunners on the deal. The proceeds will be put towards getting its three lead assets through regulatory filings for three gene therapies in the US and Europe.
  • Acted for Novartis BioVentures and Versant Venture Capital VI, L.P. as lead investors in the £29m  oversubscribed Series B equity funding round of Enterprise Therapeutics Limited.
  • Acted for F-Prime Capital and Eight Roads Ventures in an investment into Owkin Inc, a US corporation with a French operating subsidiary working on an artificial intelligence software product to improve the accuracy of medical diagnoses.

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Further information on Goodwin

Please choose from this list to view details of what we say about Goodwin in other jurisdictions.

Germany

Offices in Frankfurt am Main

France

Offices in Paris

Hong Kong

Offices in Hong Kong

London

Offices in London

United States

Offices in Washington DC, New York, Boston, San Francisco, Los Angeles, and Silicon Valley

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