Investment Funds: Hedge Funds - UK
What the team is known for
Simmons & Simmons provides an impressive service for asset managers looking to establish investment funds. The team offers expert advice for clients looking to set up open-ended funds and remains one of the top choices for London hedge fund managers. An excellent regulatory practice complements the firm's deep bench of specialists, comprehensive European reach and core focus on investment funds. The funds group is accomplished in a wide range of investment matters, from fund launches and structures to portfolio management.
Strengths
"Working with Simmons & Simmons is seamless. We trust their team: they've been in the trenches long enough."
"An extremely responsive team, and we are well supported from partner to associate level. All members are well informed and have a very quick turnaround on queries."
"Simmons & Simmons always fields a strong team, particularly at the mid to senior associate level, where the lawyers have good secondment experience and are able to give a commercial and practical view. They possess excellent technical knowledge and have good links into the industry."
"The team has great depth and knowledge in the UK authorised funds space and has great relationships with the FCA."
"Simmons & Simmons offers consistently excellent service, anticipating our needs and business requirements."
Work highlights
Simmons & Simmons advised Brevan Howard on the launch of its second co-investment programme, in addition to the launch of two new feeder funds into its flagship fund.
Notable practitioners
Iain Cullen is recognised as a highly influential figure in the UK hedge fund space. During his storied career he has advised leading managers and continues to assist these clients with fund formation. "Iain Cullen is pretty good on the Cayman hedge funds side."
Devarshi Saksena has a client list that includes a number of leading European fund managers and advises these groups on the structuring, launch and operation of hedge funds. "Devarshi is outstanding to work with. He is very responsive, considers issues in a thoughtful and commercial manner, and has helped us navigate efficiencies around the churn while providing outstanding advice on complex matters." "Responsive and adaptable, Devarshi is our go-to lawyer." "The consummate relationship partner. He knows his field very well." "Devarshi is great: knowledgeable, responsive and friendly. Overall, he is a great resource."
Lucian Firth is recognised for his work advising fund managers on the establishment and structuring of hedge funds. He also advises clients on the creation of managed accounts. "When thinking about strategic decisions, Lucian's input is invaluable on the legal side, but also because of his commercial edge." "Lucian understands the nuances and complexities of our industry, and I rely on him heavily as my outsourced GC."
Sarah Crabb is recognised as an up-and-coming partner in the hedge funds space. She frequently advises clients in fintech and digital assets, earning a reputation for excellence in the field of cryptocurrency funds. "Sarah is extremely well versed in hedge fund launches and easily navigates us through our specific nuances." "Sarah is very good at talking in her client's language, distilling complex legal points to easy to understand concepts. It's always a pleasure working with her."