Maples Group

Maples and Calder (Luxembourg) SARL, the Maples Group’s law firm in Luxembourg, is pleased to announce the promotion of Donnchadh McCarthy to Partner in its Funds & Investment Management practice. Donnchadh, a distinguished funds lawyer, has been an integral part of the Funds & Investment Management practice since joining the firm in 2020. He advises clients on the structuring and setting up of both regulated and unregulated investment vehicles, with a particular focus on UCITS and AIFs. With extensive experience in the funds sector, Donnchadh has consistently demonstrated exceptional legal acumen, dedication, and a client-focused approach. The Maples Group's Global Funds & Investment practice is distinguished by its extensive expertise and global reach, with over 130 funds lawyers worldwide. This global network enables its Luxembourg law firm to provide unparalleled legal services and insights from multiple jurisdictions. Donnchadh’s promotion to Partner is a testament to the strength and depth of the Maples Group's global Funds & Investment Management practice. Commenting on the Donnchadh’s promotion, Luxembourg Managing Partner, Johan Terblanche said, “It is with great pleasure that I announce Donnchadh’s promotion to Partner. Donnchadh's promotion is a reflection of his exceptional contributions to our firm and the high level of service he provides to our clients. Our Luxembourg practice continues to thrive, and Donnchadh's promotion further exemplifies our dedication to investing in both our team and our law firm in Luxembourg”. The Maples Group’s Luxembourg office has experienced exceptional growth in recent years, establishing itself as a key player in the financial and legal sectors. This expansion is highlighted by strategic hires and the development of a robust team of lawyers and professionals dedicated to providing top-tier services. A notable addition to the Luxembourg office was the recent addition of Yann Hilpert as a Partner and co-head of its Finance practice[1], further demonstrating its commitment to growing its presence in the region. Beyond its renowned Funds & Investment Management practice, the Maples Group's Luxembourg office is highly recognised for its expertise in corporate, finance, tax, and associated regulatory matters. The firm has built a strong reputation in the market for delivering comprehensive legal solutions that address the complex needs of its domestic and international clients. In addition to several successful fund launches and closings, some recent transactions include advising ICG on the Luxembourg legal aspects of an innovative new capital call facility provided by HSBC Bank PLC[2]. Additionally, the firm provided counsel to Bain Capital on the acquisition of an 80% stake in AQ Compute, the data centre business of Aquila Group[3]. Furthermore, the Luxembourg Corporate team advised Creditsafe Group on the acquisition of the business information unit and its total assets, including operational activities, customers and data, of Editus Luxembourg S.A[4] Maples and Calder (Luxembourg) SARL provides full service legal advice on Luxembourg law with regard to Corporate, Finance, Funds & Investment Management and Tax matters, with a deep bench of highly experienced lawyers on the ground. The Maples Group also provides fund and fiduciary services from Luxembourg and the breadth of its combined international capabilities along with its ability to advise on multi-jurisdictional transactions continues to set the law firm apart from its local counterparts. Globally, 16 new Partners and Of Counsel were appointed in six of the Maples Group’s locations worldwide, with strong representation across its European offices. The Group now employs nearly 3000 lawyers and professionals across 15 international offices.

Maples and Calder (Luxembourg) SARL, the Maples Group's law firm in Luxembourg, is pleased to announce that its Luxembourg Finance team has successfully advised ICG on the Luxembourg legal aspects of a new capital call facility provided by HSBC Bank PLC. This facility will refinance an existing facility from HINV and will be structured as a securitisation for EU/UK Securitisation Regulation purposes, with HSBC holding the senior tranche and ICG the junior tranche. This was the first capital call facility structured as such for ICG. The new capital call facility represents a sophisticated fund finance instrument, reflecting a growing trend in the market towards embracing securitisation as a viable financing option, whereby the securitised assets are the fund’s exposure to its investors’ capital calls, satisfactorily addressing regulatory constraints bearing on institutional lenders. The Group’s multi-disciplinary team provided Luxembourg counsel to ICG on legal matters regarding all aspects of this significant capital call facility refinancing. The team was led by co-head of the Luxembourg Finance team, Arnaud Arrecgros, with assistance from Associates Arina Belikova and Maurice Honnen. Arnaud said, "We are delighted to have advised ICG on this transaction. Structured as a capital call facility, this deal highlights a trend we have been observing for several years and is an exciting realisation of an innovative approach that was anticipated by the fund finance community for the past couple of years. Our extensive experience in advising both lenders and borrowers on numerous similar transactions underscores our solid expertise in this evolving market. We take great pride in our Luxembourg team's ability to leverage on this occasion their deep knowledge in both fields of practice, fund finance and structured finance, consistently delivering exceptional service and innovative solutions to our clients." Latham & Watkins provided US and UK legal counsel to ICG. Clifford Chance London, Luxembourg and New York provided US, UK and Luxembourg advice to HSBC. Maples and Calder (Luxembourg) SARL provides full service legal advice on Luxembourg matters and has dedicated practices in Corporate, Finance, Funds & Investment Management and Tax, with a deep bench of highly experienced lawyers on the ground. The Maples Group also provides fund and fiduciary services from Luxembourg and the breadth of its combined international capabilities along with its ability to advise on multi-jurisdictional transactions continues to set the law firm apart from its local counterparts.