Investment Funds: Open-ended Funds
UK Guide 2025 : UK-wide
Band 2
Email address
[email protected]Contact number
+44 131 228 8000About
Provided by CMS
Please visit the CMS website for more details about the practice and our work:
Chambers Review
CMS has a strong real estate funds practice that is regularly called upon by its international client base to advise on high-profile fundraisings and investments. CMS also has an impressive offering in terms of authorised and retail funds as well as quoted investment trusts. Complex secondary offerings, IPOs and other securities work form the basis of the listed funds practice, and fund mergers and formation and UCITS advice comprise the group's open-ended offering. The team maintains longstanding relationships with leading asset managers, particularly those based in Scotland, and continues to advise them on a number of investment fund products. The funds group is also able to draw on expertise from its international offices to assist in cross-border work.
Work Highlights
- CMS advised Principal Real Estate on its first European data centre fund.
- CMS acted for Abrdn on the disposal of the Merlin Fund to Thesis Unit Trust Management.
Strengths
Provided by Chambers
"They are experienced and efficient in drafting and suggesting solutions. It is a well-resourced team."
"CMS is one of the leading real estate practices in the UK. They have the ability to think along and come up with very robust legal and commercially practical advice."
"The real estate knowledge is best in class. The team are extremely responsive."
"CMS provide a good solid service and are proactive in terms of reaching out to us. They have good expertise of the requirements in the space."
"They have a broad range of expertise, are always very approachable and act promptly."
"They are experienced and efficient in drafting and suggesting solutions. It is a well-resourced team."
"CMS is one of the leading real estate practices in the UK. They have the ability to think along and come up with very robust legal and commercially practical advice."
"The real estate knowledge is best in class. The team are extremely responsive."
"CMS provide a good solid service and are proactive in terms of reaching out to us. They have good expertise of the requirements in the space."
"They have a broad range of expertise, are always very approachable and act promptly."
Notable Practitioners
Amanda Howard leads the funds practice at CMS. She advises leading fund managers on the formation of European-focused real estate funds.
"Amanda is a very impressive lawyer. When matters get complicated or when investors with different views need to get aligned, we call Amanda to fix the job."
"Amanda is a strong lawyer with lots of connections in space and has been doing it for a long time. She is very practical and commercial."
"Amanda is a leading expert in partnership structuring. She gives strong advice and has good leadership qualities."
European real estate funds form the core of Darren Stolzenberg's practice. He advises clients from beginning to end on matters including formation, restructuring and closure.
"Darren is a good lawyer, he is responsive. He can handle most things that come his way. He's also very good at understanding the political pressures and the various drivers at the client end."
Ed Kingsbury is noted for his deep expertise in the pan-European venture capital funds space. He also advises clients on alternative funds, with particular knowledge of litigation funding.
"Ed is really client-focused and demonstrates good commercial awareness."
"Ed knows funds work intimately and is highly approachable."
"Ed knows his subject matter very well. His advice is well researched and pragmatic."
"Ed is a pleasure to work with. He has deep knowledge, industry connections, a personable nature and a willingness to go above and beyond."
Karagh Gilliatt specialises in acting for asset management firms and investment banks on open-ended fund matters. She is valued for her deep knowledge of the Scottish market.
"I have always found Karagh to be particularly knowledgeable in an area that's hard to get lawyers for with the right level of experience. She really stands out as someone with the experience."
"Karagh has a real understanding of our business, as well as the industry knowledge."
"Karagh is excellent - very responsive and really knows her stuff. She is critical, but also there to help you advance."
"Karagh had a view on how things work from her experience and knew what we should be thinking about in our conversations."
Laura Houët provides fund formation, structuring and regulatory advice to asset managers. She has experience advising clients on ESG-focused funds.
"Laura is a fantastic lawyer. She provides really good, proportionate advice and is very willing to give a risk-based opinion on the implementation of new regulations."
Patrick Groves is well respected for his practice, advising large real estate funds on a range of mandates, including closed and open-ended fund launches and restructuring.
"Patrick is a pleasure to work with. He can always be relied upon to bring strong technical legal understanding, as well as astute commercial and market awareness for complex fund transactions."
"Patrick provides excellent service across our fund and real estate transaction matters. He has broad relevant experience."
"Patrick is adept, knowledgeable, responsive and sage."
Victoria Henry is experienced in assisting investment management firms on their investments, as well as on the formation of real estate funds.
Ranked Lawyers at
CMS
UK-wide
Members
Provided by CMS