
With a particularly active investment funds practice, CMS has a strong focus on alternative investment funds, including private equity, real estate, and venture capital funds. The group is led by Paolo Bonolis and Andrea Arcangeli; the former regularly assists clients with regulatory and transactional issues, while the latter advises on fund formation and regulatory matters across a range of investment funds and schemes. Maria Giovanna Pisani is also a key member of the department with extensive experience in alternative investment funds.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Billing & efficiency
Testimonials
Collated independently by Legal 500 research team.
- ‘What makes this firm truly unique is its innovative integration of advanced legal technology and a collaborative, client-centric approach that consistently delivers outstanding results, setting it apart from traditional firms.'
- 'Potential clients would value knowing about the team’s core strengths: a roster of highly specialized attorneys with deep expertise in emerging fields such as technology law, intellectual property, and cross-border transactions, complemented by key capabilities like global case management systems that ensure seamless, real-time collaboration across jurisdictions.'
- 'In comparison to other firms, this practice stands out through its forward-thinking innovations, including flexible billing structures that prioritizes transparency and value. These advancements enhance both precision and accessibility, ensuring clients receive unparalleled service.'
- 'This firm’s dedication to redefining legal excellence through innovation, diversity, and strategic expertise positions it as a leader in the industry, ready to meet the complex needs of its clients with unmatched professionalism and foresight.'
Key clients
- Heritage Capital Partners
- Columna Capital
- LBO France
- Sator Private Equity
- ENPACL
- Green Arrow SGR
- Dea Capital SGR
- Abrdn
- Ostrum Asset Management
- Eurazeo
Work highlights
Assisted Heritage Capital Partner with the establishment of multiple private equity funds distributed across Luxembourg, the UK, Italy, and other jurisdictions.
Supporting Columna Capital with the acquisition of a technology company in Italy and the establishment of an Italian corporate vehicle linked to its fund platform for local service operations.
Supported ENPACL in reorganising its investment schemes dedicated to alternative investments.
Lawyers
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Practice head
Paolo Bonolis; Andrea Arcangeli
Other key lawyers
Maria Giovanna Pisani; Alfredo Gravagnuolo

