Firm Profile > Goodwin > London, England

Goodwin
100 CHEAPSIDE
LONDON
EC2V 6DY
England

Real estate funds Tier 1

'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.

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

Commercial property: hotels and leisure Tier 2

Hailed for ‘the breadth of its experience’, 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’s 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 ‘solid on commercial property investment’, 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.

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

Commercial property: investment Tier 2

Hailed for ‘the breadth of its experience’, 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’s 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 ‘solid on commercial property investment’, 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.

Leading individuals

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

Private equity: transactions – mid-tier – up to £250m Tier 2

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.

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

Pharmaceuticals and biotechnology Tier 3

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.

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

Private funds Tier 3

'One could not ask for a better team of partners than Michael HalfordShawn 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.

Leading individuals

Next Generation Partners

Rising stars

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

Private equity: transactions – high-value deals (£250m+) Tier 4

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.

Next Generation Partners

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

Corporate tax Tier 5

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.

Key clients

Macquarie

Ares Management

Bregal

Investcorp

Inflexion

M7 Real Estate

TA Associates

Abingworth VII

G-Square

Angelo Gordon

Property finance Tier 5

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.

Leading individuals

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

Firm Overview: Goodwin’s 1,000 plus lawyers across the United States, Europe, and Asia excel at complex transactions, high-stakes litigation, and world-class advisory services in the financial, life sciences, private equity, real estate, and technology industries. The firm’s unique combination of deep experience serving both the innovators and the investors in a rapidly-changing, technology-driven economy sets Goodwin apart. To learn more, visit www.goodwinlaw.com and follow Goodwin on Twitter (@goodwinlaw), LinkedIn (@goodwinlaw), Facebook (@join_goodwin), and Instagram (@join_goodwin).

Types of work undertaken: Goodwin focuses on working with clients in the financial, private equity, real estate, technology and life sciences industries. The firm has more than 1,000 corporate and litigation lawyers who leverage their specific experience and assemble full-service teams to advise clients in these and adjacent industries. The firm’s London office is home to more than 75 real estate and private equity lawyers who provide an integrated legal service offering across offices and geographies.

Real estate: Goodwin’s London real estate lawyers work with clients across the full spectrum of the real estate industry: from structuring real estate funds, products and vehicles, to the acquisition, financing, development and disposal of real estate assets through direct and indirect investments, as well as complex international hospitality and leisure transactions.

Private equity: Goodwin’s London private equity team is at the forefront of developments and trends in the private equity industry, particularly when it comes to navigating complex deals and fundraisings. The firm’s private equity lawyers are experienced in corporate mergers and acquistions, venture capital, leveraged finance, mezzanine debt, and a wide variety of fund formation.

Tax, regulatory and compliance: the London office also has world-class debt, tax and regulatory, as well as compliance services that help the firm service its clients, which include early through late-stage investors and companies, as well as lenders and financial institutions. Goodwin covers the full life cycle of its clients’ investments and financings.

Investment funds: as part of one of the largest global funds teams in the market, Goodwin’s private investment funds lawyers in London focus on the creation, fundraising and ongoing representation of a broad range of funds across multiple industries. The team represents leading institutions in private equity and venture capital funds, hedge funds, mezzanine debt funds, real estate and infrastructure funds, and international funds.

Department Name Email Telephone
London office co-chairs Samantha Lake Coghlan slakecoghlan@goodwinlaw.com +44 (0)20 7447 4203
London office co-chairs Paul Lyons plyons@goodwinlaw.com +44 (0)20 7447 4233

The Lex 100 Verdict

Goodwin Procter is renowned for its specialism in funds and private equity. The US firm's practice areas are 'focused and deeply integrated with one another'. A smaller trainee intake sees recruits gain 'exposure to great work and people', although this also means that they are 'expected to hit the ground running straight away'. Another benefit of the modest-sized cohort is that 'everyone knows you and you never feel like just a number on a spreadsheet'. The work on offer is 'technically advanced', with plenty of opportunity to 'get involved with the type of real-life tasks you will be doing once qualified'. Impressively, Goodwin has been awarded Lex 100 Winner medals in the job satisfaction, living up to expectations, quality of work, salary, inclusiveness and supervisor approachability categories. Grumbles included the 'limited support staff' and the 'limited opportunities to spend time abroad as a junior'. Trainees also begrudged the lack of canteen. In terms of work highlights, 'spotting something during due diligence which proved to be fundamental' and 'stepping in and organising the exchange of contracts for a closing while an associate was away' were singled out. The hours can be intense though; several recruits cited instances of 'staying in the office until 3am preparing documents' and having to deal with 'cold takeaway food when working late'. Hopefully the 'extensive support' trainees receive from their teams make up for this, at least in part. To sum up, Goodwin Procter boasts 'American wages but a European culture, with top legal brains – the dream'. If this sounds like the firm for you, start your research now.