Investment Funds: International - Singapore
What the team is known for
Simmons & Simmons has a robust legal team in Singapore that frequently advises GP clients on the formation of hedge funds as well as real estate, private equity and venture capital structures. The team is capable of assisting with VCC funds as well as funds domiciled offshore. It has specific expertise providing regulatory advice with the Monetary Authority of Singapore to funds, ranging from fund registration for public retail offerings to relodging of established funds' documents. Its key clients include BlackRock Global Funds, Foord Asset Management and Phillip Capital Management.
Strengths
"Simmons & Simmons either have offices or relationships with firms all around the world. This means we don't have to have a lawyer in every country and there is a consistency of quality as well. They are comprehensive and user-friendly in their offering."
"The team was highly skilled, thorough and efficient with their time. Response time was fantastic."
Work highlights
Simmons & Simmons advised BNY Mellon Global Funds on the registration of various funds and sub-funds, including BNY Mellon Global Bond Fund, BNY Mellon Dynamic U.S. Equity Fund, BNY Mellon Asian Equity Fund and BNY Mellon Sustainable Global Emerging Markets Fund, with the Monetary Authority of Singapore for public retail offer.
Notable practitioners
Long Jek-Aun is a notable lawyer in Singapore, assisting clients with the formation of venture capital and hedge funds. He often provides regulatory advice in relation to the registration of fund documentation with the Monetary Authority of Singapore. "Jek-Aun is very connected to the funds industry and monetary authority and their rule-making preferences; his advice on legislation is very strong."