Image of Philip Baynes

Phil Baynes

Partner

Email

philip.baynes@aoshearman.com

Phone

+44 20 7655 5034

Offices

London

V-CARD
Phil advises investment fund managers on the structuring, marketing, fundraising and operation of a wide range of private investment funds (including private equity, infrastructure, real estate and debt funds), co-investment schemes, carried interest arrangements and secondaries transactions.
He also has significant experience advising institutional investors on their alternative investment programmes.

Experience

Representative matters

  • Daiwa International Capital Partners on a GP-led secondary transaction and formation of their second European-focused infrastructure fund.
  • Mubadala Capital on the pending acquisition, together with Fortress management, of Fortress Investment Group from Softbank Group Corp.
  • Investcorp on the formation of a private equity fund focusing on growth opportunities in Saudi Arabia. 
  • Pemberton Asset Management on the formation of an open-ended ERISA credit fund.
  • Various sovereign wealth investors, North American pension funds and institutional investors on their investments in alternative asset strategies.
  • InfraRed Capital Partners on its sale of a majority stake to Sun Life Financial Inc. and the divestment of its European and Asian real estate businesses (previous firm experience).
  • River & Mercantile on the formation of its inaugural £1 billion+ UK Infrastructure fund (previous firm experience).
  • A UK-based infrastructure manager on a £1 billion structured secondary transaction (previous firm experience).
  • Patrizia on the formation of its second European infrastructure fund (previous firm experience).
  • Yoo Capital on the formation of its second UK real estate fund (previous firm experience).
  • Astarte Capital Partners on the formation of its second special opportunities fund (previous firm experience).
  • Dalmore Capital on the formation of its fourth UK infrastructure fund (previous firm experience).
  • ARCH Emerging Markets Partners on the formation of a sustainable resources fund (previous firm experience).
  • Px3 Partners on the establishment of its business and the formation of its inaugural pan-European private equity fund (previous firm experience).
  • Several UK-based fund managers on the restructuring of their businesses (previous firm experience).

Pro bono

  • Advising Social Investment Business on its fund investments and ownership stake in a social enterprise fund manager. Advising Together With Migrant Children in relation to several applications for exceptional case funding for immigration matters. Participating in pro bono legal advice clinics for the Mary Ward Legal Centre. Advising Do Nation on supplier contract issues.

Qualifications

Admissions

England and Wales, 2017
New Zealand, 2008

Academic

LL.B., B.Com. (Hon), Law and Management, University of Otago, 2007
Professionals qualification, New Zealand College of Law, 2008

Languages

English
Disclaimer
A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.