Chapman Tripp

Financial Services Department

New Zealand
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What the team is known for High-level group providing a comprehensive service to New Zealand's major banks and insurers. Market leaders in acting for fund managers on the establishment of managed investment schemes. Expert advisory practice for FMCA regulatory issues. The practice offers a broad array of expertise in the funds arena including KiwiSaver and superannuation schemes, and provides coordinated advice relating to fund restructuring and regulatory compliance. Develops tax-effective portfolio investment entities (PIEs), including cash and term PIE unit trusts and NSX-listed entities.

Strengths The team is lauded by one client for consistently "providing timely and accurate legal advice" while "staying on track with work specifications to ensure cost-effectiveness."

The practice's "expertise, commercial advice and pragmatic approach" are highlighted as its key points of distinction by another client.

Work highlights Advised construction company Calder Stewart on the formation of a NZD170 million property investment fund to provide liquidity and capital from third-party investors.

Notable practitioners

Mike Woodbury
is consistently recognised as the market's leading superannuation expert, and also advises on workplace savings and KiwiSaver scheme matters. An interviewee emphasises the benefits derived from his "years of experience, strong relationships with key stakeholders and deep commitment to and care for his clients."

Penny Sheerin
stands out for her mastery of fund management matters, including establishment and restructuring questions and the full range of regulatory issues. She commands widespread respect among market sources, one characterising her as "definitely a dedicated practitioner in the area," while another observes: "People certainly know who she is."

"Seasoned professional"
Tim Williams
draws praise, both for his experience and for giving advice that strikes "a happy medium between commerciality and legal knowledge." He provides transactional and compliance counsel to prominent national investment managers and financial institutions.