Eversheds Sutherland (International) LLP specialises in advising buy-side clients, among them investment funds, insurance companies, corporates and pension schemes, on derivatives to generate investment performance or to hedge risk. Head of financial services Michaela Walker oversees the work of derivatives specialist Richard Batchelor, who recently assisted Tesco PLC Pension Scheme with the derivatives aspects of the outsourcing of its investment function to Schroeders. The firm has a broad derivatives practice, but is particularly prominent in FX energy trading. Tim Fosh, who joined from Slaughter and May in 2024, is knowledgeable in financial regulatory matters.
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Key clients
- JB Drax Honoré
- London CIV
- Citibank
- Octopus Energy
- Next Plc
- Tesco Pension Scheme
- Sainsbury’s Pension Scheme
- The People’s Pension Scheme
- Smith Group Plc
- LV=
Work highlights
Provided full service support to JB Drax Honoré, ranging from new product design in repo and crypto derivatives, to derivatives litigation, corporate actions, banking and regulatory advice.
Supported Resolution Life group on a wide range of advice including transactional support on ISDA master agreements, GMRAs, regulatory advice on uncleared margin rules, and support on structured products such as SPIRE notes.
Provided a wide range of treasury advice to the Octopus energy group, covering, amongst other things, FX and interest rate hedging, and internal intra-group transactions.
Practice head
Michaela Walker
Other key lawyers
Richard Batchelor; Tim Fosh