Gus Black > Dechert LLP > London, England > Lawyer Profile

Dechert LLP
160 QUEEN VICTORIA STREET
LONDON
EC4V 4QQ
England
Gus Black photo

Work Department

Position

Partner

Career

Gus Black, global co-chair of Dechert’s financial services group and a member of the Policy Committee, focuses his practice on investment funds (emphasizing private equity, debt and hedge funds), establishing and restructuring international asset management businesses, corporate and commercial transactions in the asset management sector and general UK financial services regulation.

In the sphere of private fund formation, Mr. Black has advised sponsors and cornerstone investors on the structuring, re-structuring, formation and investment of numerous funds and other co-investment structures ranging widely in size, strategy and focus (including numerous hedge strategies, hybrid, private equity, public and private debt, emerging markets, clean tech/energy, agriculture, infrastructure, commodities and real estate). He has advised on funds established in various jurisdictions including Jersey, Guernsey, Cayman Islands, BVI, Luxembourg, Ireland, Singapore, Mauritius, Delaware and England. He also advises on a range of portfolio investments, secondaries and other portfolio transactions. 

Mr. Black’s publications include the “Private Equity Funds” chapter of Sweet & Maxwell’s Law and Regulation of Investment Management and the UK chapter of the European Lawyer Reference Series on Hedge Funds.

Education

  • College of Law, Guildford, LPC
  • University of Cambridge, M.A., 1997

Lawyer Rankings

London > Corporate and commercial > Financial services: non-contentious/regulatory

Dechert LLP counts numerous leading asset managers among its client roster, supporting with on-site English and US-law capabilities in its London office. The practice’s considerable cross-border capabilities mean that it often engages with multiple regulators at once, including the SEC, FCA, BaFin and AMF, and it is particularly accomplished in terms of fund and product launches. Gus Black leads the practice which also counts Richard Frase and Karen Anderberg among its star names.

London > Investment fund formation and management > Private funds

‘Truly partner-led with top calibre associates’, Dechert LLP has a varied practice covering closed and open-ended funds across private equity, venture capital, real estate and credit. In addition to the breadth of fund types it advises on, the practice is also noted for its geographic breadth, with experience handling fund establishments in the Channel Islands, the Caymans, and Luxembourg, where the firm has an office. The practice is also developing a presence in Ireland and continues to leverage its US links to advise on transatlantic mandates. Gus Black leads the team and alongside Christopher Gardner and Thiha Tun has substantial expertise advising US and EU clients on fund formations; the trio also handle GP-led secondaries.

London > Corporate and commercial > Partnership

Dechert LLP is highly rated for its expertise in relation to complex partnership issues in the funds and financial services sectors and has an established roster of international asset managers. Jason Butwick  provides a full range of partnership expertise from partnership establishment to disputes in conjunction with related employment issues. A good deal of the team’s work involves international elements. Daniel Hawthorne  offers a broad range of corporate and tax expertise within financial services while Gus Black is especially highlighted for his handling of private equity, hedge fund and institutional asset management cases including the establishing and restructuring of international asset management businesses. He is also the co-chair of the firm’s financial services group.

London > Finance > Derivatives and structured products

Dechert LLP is ‘deeply knowledgeable about ISDA documentations and market practice‘, and clients remark that ‘the attention to detail is second to none, turnaround times are fantastic, and nothing was too much to ask‘. The firm acts for both the global buy-side client base and sell-side clients across an array of derivatives  and financial market regulatory issues. Its buy-side client base ranges from hedge fund start-ups to global asset managers, hedge funds, private equity funds and retail funds across the world. Gus Black leads the financial services group, in which John McGrath and Karen Stretch are the key partner for derivatives and structured products. Stretch is ‘dedicated, excellent to work with, very responsive and provides practical advice‘.