Image of Codrina Constantinescu

Codrina Constantinescu

Counsel

Email

codrina.constantinescu@aoshearman.com

Phone

+352 44 44 5 5330

Offices

Luxembourg

V-CARD
Codrina advises on general investment fund and regulatory matters.

She has over ten years of extensive experience working in the alternative investment funds area. Codrina advises on the structuring, establishment, fundraising and on-going operations of all types of regulated and unregulated alternative investment funds, co-investment vehicles, SMAs and similar structures/arrangements while acting on behalf of fund sponsors (eg AIFMs and EUVECA managers). Codrina also assists institutional investors in relation to their participation/investments in Luxembourg or foreign investment funds. Codrina is dealing with ESG aspects for asset managers and investment funds. Codrina has experience in advising in respect of matters pertaining to Luxembourg pension funds, including the establishment of ASSEPs and SEPCAVs as well as compartments thereof.

In 2015 and 2016, Codrina was seconded to Ardian and to Axa IM Real Assets, respectively, in Paris where she assisted on the structuring, launch and fundraising of infrastructure and real estate funds.

Codrina is qualified in Luxembourg, Paris and Bucharest. She joined the firm in 2020.

Experience

Representative matters

  • A global financial institution’s launch of a special situations debt fund: Assisting a global financial institution with respect to the structuring and launch of a special situations debt fund.
  • Compass structuring launch of a debt platform: Assisting Compass with respect to the structuring launch of a debt platform investing in LatAm targets.
  • EIF investments underlying PE/VC funds: Assisting EIF with respect to its investments in underlying PE/VC funds and the ongoing operation of funds that are advised by the EIF.
  • Ferrero on Luxembourg pension fund: Assisting Ferrero with respect to the set-up of a dedicated compartment within a Luxembourg pension fund organized as an ASSEP.
  • Various clients (such as Prime Capital, Starwood, Schroders and EIF) on ESG disclosures and compliance matters.
  • Two large French managers with respect to the structuring, launch and fundraising of their flagship Private Equity funds.
  • Two large US managers with respect to the structuring, launch and fundraising of their flagship Private Equity funds.
  • A large Nordics manager with respect to the structuring, launch and fundraising of their flagship Private Debt funds.
  • A large German Manager with respect to the set-up of a Luxembourg infrastructure debt platform.
  • A mid-size Swiss manager with respect to the structuring, launch and fundraising of four successive generations of Private Equity funds.
  • A multinational company with respect to the set-up of a multi-compartment pension fund and its operation.
  • Several EU managers with the set-up and operation of their EUVECA entities and their EUVECA funds.
  • A French entity with respect to its investments in real estate funds operated by a large US manager.
  • A supranational entity with respect to its investments in various Private Equity(Venture Capital/Private Debt funds operating in the EU.

Published Work

  • “The Impact of Covid-19 on Private Equity Funds and their Managers”, LPEA magazine (February 2021)
  • “Pre-contractual disclosure obligations”, AGEFI Luxembourg (March 2021)

Leadership Positions And Professional Affiliations

  • Member of the ALFI ESG Group
  • Member of the ALFI PEPP/Pension funds Group
  • Member of the LPEA Debt Funds Group
  • Member of the LPEA CMU Committee

Qualifications

Admissions

Admitted to the Luxembourg bar, 2019

Admitted to the Bucharest bar, 2008

Admitted to the Paris bar, 2011 (inactive)

Academic

LLM in Financial Law and Regulation, Queen Mary – University of London, 2011

Master 2, (LL.M. equivalent) in Business and Tax Law, University Paris 1 Panthéon-Sorbonne - HEC, 2008 

Master 1, (LL.B. equivalent) in European Business Law, University Paris 1 Panthéon-Sorbonne – French College of European Studies, Bucharest, 2007

Bachelor in Law (LL.B. equivalent) - University of Bucharest, 2007

Languages

English, French, Romanian
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.