Funds and asset management

A&O Shearman has a full-service, multi-disciplinary, cross-border team of funds and asset management lawyers who advise both managers and institutional investors across all asset classes located in all the major financial centers, including in the U.S., the U.K., the EU (including Luxembourg), the UAE, Singapore, Mainland China, Hong Kong and Australia. 

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Our global team advises on the design, development and establishment of a wide range of asset management products and services, including private equity funds, private credit funds, infrastructure funds, hedge funds, special situation funds, real estate funds, REITs, venture capital funds, growth equity funds, registered funds, UCITS, Sharia-compliant funds, risk retention funds, funds of funds, secondary funds and hybrid funds, as well as co-investment, managed account and direct investment programs. 

Clients also regularly rely on us for our expertise advising on secondaries; continuation funds; tax planning; documenting, negotiating and managing fund investments, IMAs, and custody and prime brokerage arrangements; regulatory compliance and inspections; leveraged structures; derivatives and trading; strategic investments; M&A transactions; internal arrangements; carried interest and other management incentive plans; portfolio company matters; team spin-outs; seed investments and anchor investors’ equity stakes or revenue sharing structures; and litigation and enforcement defense.

Experience across the asset management spectrum

Our lawyers have extensive experience representing a wide spectrum of fund sponsors, managers and investors, including some of the highest-profile global asset managers, sovereign wealth funds, corporations, pension funds, wealth management arms and private banks of global financial institutions, as well as substantial U.S. and non-U.S. family offices and leading depositaries, custodians and fund administrators.

In addition to advising on the most advantageous investment structures and strategies from commercial, tax, and legal perspectives, we help our clients to be forward-thinking in navigating the rapidly evolving global regulatory environment that increasingly impacts participants across the asset management industry.  Our regulatory experts understand the nuances of the numerous—and sometimes conflicting—regulatory regimes to which our clients are subject, and they work seamlessly as a global team to provide comprehensive guidance.

Our clients also benefit from our extensive network of relationships with placement agents and other fund service providers that span the globe.

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