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Schulte Roth & Zabel International LLP

ONE EAGLE PLACE, LONDON, SW1Y 6AF, ENGLAND
Tel:
Work 020 7081 8000
Fax:
Fax 020 7081 8010
Email:
Web:
www.srz.com

London: Corporate and commercial

Financial services: non-contentious/regulatory
Financial services: non-contentious/regulatory - ranked: tier 6

Schulte Roth & Zabel International LLP

Schulte Roth & Zabel International LLP focuses exclusively on buy-side work, specialising in regulatory advice for broker-dealer groups, asset management groups and hedge fund managers. The firm is also known for its cross-border and market abuse expertise. The 'brilliant legal mind' Josh Dambacher focuses on corporate, securities and regulatory matters. He leads the team with Christopher Hilditch, who specialises in acting for entrepreneurial and institutional investment managers, other financial services firms and investment funds. The 'excellent' Anna Maleva-Otto leads on much of the team's key work, advising advising asset managers, brokers and proprietary trading firms on a wide range of regulatory matters. Emily Brown joined in 2018 from Macfarlanes LLP and brings expertise in private equity and venture capital.

Practice head(s):Josh Dambacher; Christopher Hilditch

Other key lawyers:Anna Maleva-Otto

Testimonials

'Go-to hedge fund legal team'

'Unrivalled knowledge and experience in corporate legal matters pertaining to the hedge fund sector'

'They make themselves available even at awkward times, and always meet external deadlines'

'Josh Dambacher is quite simply the best in the hedge fund business. Cool, calm and collected'

'Anna Maleva-Otto is excellent - highly responsive, well informed and pragmatic in her advice, and a pleasure to work with.'

'Anna Maleva-Otto is always thoughtful on regulatory matters and is helpful in supporting our compliance efforts, providing an external point of reference on topics where we often dealing in shades of grey.'

Work highlights

  • Advised a US-headquartered broker-dealer and asset management group on the application of GDPR.
  • Advised several US-headquartered asset manager groups with UK affiliates on Brexit planning and conduct of regulated investment activities in the EU.
  • Advised a UK-based asset manager on the application of the Market Abuse Regulation and the design of internal policies and controls.
  • Advised a UK-based fund manager on the establishment of a new business conducting proprietary trading in OTC derivatives.

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London: Investment fund formation and management

Hedge funds
Hedge funds - ranked: tier 1

Schulte Roth & Zabel International LLP

Schulte Roth & Zabel International LLP stands out in the London hedge funds arena, as demonstrated by the fact it acts for more than half of the 100 largest hedge fund managers in the world. The London team, which is co-led by Christopher Hilditch and Josh Dambacher, added 45 clients to its sizeable portfolio in 2018; Greenvale Capital LLP, Indar Capital LLP and JNE Partners LLP were among the client wins. Noted for its ability to advise on UK and US law, the group assists clients with fund formation, ongoing management and regulatory issues, spin-outs as well as related tax matters. Dambacher led the advice to Boldhaven Management LLP on the launch of long/short equities focused Cayman and Delaware master/feeder funds, which totalled $800 million in assets under management (AUM) after six months of trading. In another matter, Dambacher and Lee Smith are acting for Cevian Capital on the negotiation of multiple investments from institutional investors, including US pension funds and sovereign wealth funds. Emily Brown joined in 2018 from Macfarlanes LLP, while Anthony Lombardi and Smith were more recently promoted as special counsels.

Practice head(s):Christopher Hilditch; Josh Dambacher

Other key lawyers:Nick Fagge; Anna Maleva-Otto; Jim McNally; Emily Brown; Cathy Weist; Lee Smith; Laura Eatwell; Anthony Lombardi

Key Clients

Boldhaven Management LLP

Cantab Capital Partners LLP

Cevian Capital

Florin Court Capital LLP

Greenvale Capital LLP

Indar Capital LLP

JNE Partners LLP

KLI Asset Management LLP

Marshall Wace LLP

Securis Investment Partners LLP

Work highlights

  • Advised Cantab Capital Partners LLP on the launch of two Cayman funds – one, a global equities fund and the other, a daily dealing alternative risk premia fund.
  • Advised Florin Court Capital LLP on its first substantive external investment – an investment by New York pension fund investors.
  • Advised Greenvale Capital LLP on the restructuring of an existing hedge fund complex to rationalise performance compensation mechanism to optimise for US and non-US investors.
  • Advised Indar Capital LLP on the launch of the management entity and a catalyst-driven situations fund.
  • Advised JNE Partners LLP on a spin-out from MSD Partners and on the relaunch of a fund and the formation of a new management business, with a fund value of US $1 billion.
Leading individuals

Christopher Hilditch - Schulte Roth & Zabel International LLP

Josh Dambacher - Schulte Roth & Zabel International LLP

Next Generation Partners

Cathy Weist - Schulte Roth & Zabel International LLP

Rising stars

Lee Smith - Schulte Roth & Zabel International LLP

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Private funds
Private funds - ranked: tier 5

Schulte Roth & Zabel International LLP

'Aside from offering knowledge and expertise', the investment management practice group at Schulte Roth & Zabel International LLP is also 'reliable and responsive'. In the emerging markets space, Christopher Hilditch and Cathy Weist assisted Falcon Edge Capital with launching its second fund which seeks to invest in private equity in India. Private equity fund formation of this kind is a key focus area, in addition to co-investment work and hybrid funds. The firm also offers funds-related tax and regulatory advice. On the LP side, the group boasts specialist expertise in distressed investing. The team hired Emily Brown from Macfarlanes LLP in November 2018. Josh Dambacher and Hilditch are joint practice heads.

Practice head(s):Josh Dambacher; Christopher Hilditch

Other key lawyers:Emily Brown; Cathy Weist

Testimonials

'Schulte has unparalleled knowledge of private fund structures and terms.  They are always on the cutting edge of developments'.

'The firm has breadth of expertise across various asset classes. They are making much progress in closed-ended fund work with the hire of Emily Brown, who is exceptional'.

'The individuals are proactive and provide a personal service'.

'Chris Hilditch is extremely experienced, thoughtful and responsive. Cathy Weist is always on top of every detail and knows the transaction documents inside out'.

'Emily Brown's energy and market knowledge is unbelievable. She functions like an extension of our team rather than an external service provider. She understands exactly what concerns GPs and LPs alike, and is able to plot a course that keeps both happy'.

Key Clients

Arcis Capital Limited

Blossom Capital Ltd

Dialectic Capital Management LLC

Falcon Edge Capital LP

Kingsway Capital LLP

Large European Institutional Investor

Norland Capital LP

Sprints Capital Management Ltd

UK Venture Fund Manager

Work highlights

  • Advised Arcis Capital Limited on a number of separately negotiated portfolio acquisitions.
  • Advised Blossom Capital Ltd on the establishment of its first fund which is focused on technology investments in Europe.
  • Advised Dialectic Capital Management LLC on a number of transactions and offers made in relation to two private equity funds.
  • Assisted Falcon Edge Capital LP in launching its second fund focused on private equity investments in India.
  • Advised Kingsway Capital LLP on the establishment and launch of two separate co-investment structures.
Next Generation Partners

Emily Brown - Schulte Roth & Zabel International LLP

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