Investment Funds: Domestic - Singapore
What the team is known for
Simmons & Simmons has a strong team active across a broad range of investment fund work, with notable expertise on hedge fund and private equity fund mandates. The team also regularly acts for fund managers on the formation of real estate, private equity, venture capital and hybrid-structured funds. It frequently advises on regulatory matters, and is well placed to advise domestic and international fund management groups, drawing on its global network of offices. The firm's clients include Ninety One Global Strategy Fund, BNY Mellon Global Funds and Phillip Capital Management.
Strengths
"I found Simmons & Simmons to be very detail-oriented and careful, and they picked up the points that were key. Their advice was relevant and they knew what we were looking for. They could explain the history behind some of the terms and it was refreshing to be able to find a team like that."
"The lawyers were highly skilled, thorough and efficient with their time. The team was adequately staffed, with multiple partners and associates knowledgeable on the matter, and response time was fantastic."
Work highlights
Simmons & Simmons assisted BlackRock Global Funds with the registration of four new ESG-focused sub-funds under the BlackRock Global Funds umbrella by the Monetary Authority of Singapore for public retail offer in Singapore and the annual relodgement of the fund.
Notable practitioners
Long Jek-Aun is a leading practitioner who offers clients extensive experience on fund formation mandates and is also well respected for advising on regulatory issues relating to the VCC regime. "Jek-Aun listens to our needs. He is technically sound, which helps a lot when you want to trust your lawyer. He has a very pleasant manner." "Jek-Aun has local expertise, and can communicate this to an American audience. He is very connected to the funds industry and monetary authority and their rule-making preferences; his advice on legislation is very strong."