Investment Funds: Closed-ended Listed Funds
UK Guide 2025 : UK-wide
Band 2
Contact number
+44 20 7283 6000Chambers Review
Norton Rose Fulbright has a deep bench of investment fund practitioners who are recognised for their work on listed funds. The department is highly visible in its representation of investment banks and investment trusts in IPOs, with particular strength in the crossover space of real asset and debt listed funds. The team is also capable of advising on private fund matters, with a focus on real asset funds.
Work Highlights
- Norton Rose Fulbright advised JP Morgan Securities as sponsor and bookrunner on the issue of shares in BH Macro.
Strengths
Provided by Chambers
"It is a strong team with many years of experience in the listed funds sector."
"They have the ability to be a true thought partner and problem-solve around complex and unconventional structures. They are always responsive, even for unplanned calls on the same day."
"Access to a top consultant at a consultant charge-out rate is very beneficial. We like the fact that they are willing to give an opinion quickly, which is useful in quick decision-making scenarios."
"They show a willingness to stand by fee quotes, even when that may not reflect the amount of work put in. They are always abreast of market practice, giving commercially astute, risk-weighted advice."
"It is a strong team with many years of experience in the listed funds sector."
"They have the ability to be a true thought partner and problem-solve around complex and unconventional structures. They are always responsive, even for unplanned calls on the same day."
"Access to a top consultant at a consultant charge-out rate is very beneficial. We like the fact that they are willing to give an opinion quickly, which is useful in quick decision-making scenarios."
"They show a willingness to stand by fee quotes, even when that may not reflect the amount of work put in. They are always abreast of market practice, giving commercially astute, risk-weighted advice."
Notable Practitioners
Ian Fox regularly acts for investment companies and sponsors on a range of closed-ended fund matters. His areas of work include IPOs and secondary fundraisings.
"Ian is a very experienced, hands-on practitioner. He is always available with clear, sound and commercial advice."
"Ian is a trusted adviser who is calm and considered. You can always rely on him to provide sensible, clear, straightforward advice."
"Ian is a consummate professional in terms of knowledge of the London funds market. He is always someone we'd trust completely."
"There's very little Ian doesn't know about closed-ended funds."
Richard Sheen is noted for his expertise in equity capital markets transactions. He also regularly works with clients on fund structuring mandates.
"Richard is a tough negotiator and does it in the right spirit; he is hugely dedicated and is able to get stuck in in the right way."
"A very knowledgeable funds practitioner who has done decades in the space and has a very good level of knowledge."
"Richard has a very good understanding of the market, is very client-focused and attentive, makes himself available and has become a trusted adviser over the years."
Ranked Lawyers at
Norton Rose Fulbright
UK-wide