Investment Funds: Open-ended Funds | UK

Macfarlanes boasts a respected investment management group that acts for sponsors and investors. Its impressive team covers a broad array of fund mandates. Macfarlanes is notable for its work advising UK managers looking to raise mid-market buyout funds, with a team that includes regulatory experts and fully integrated tax specialists. Real estate and real estate debt funds form a core focus of the group, as do open-ended structures for retail funds.

CMS has a strong real estate funds practice that is regularly called upon by its international client base to advise on high-profile fundraisings and investments. CMS also has an impressive offering in terms of authorised and retail funds as well as quoted investment trusts. Complex secondary offerings, IPOs and other securities work form the basis of the listed funds practice, and fund mergers and formation and UCITS advice comprise the group's open-ended offering. The team maintains longstanding relationships with leading asset managers, particularly those based in Scotland, and continues to advise them on a number of investment fund products. The funds group is also able to draw on expertise from its international offices to assist in cross-border work.

Simmons & Simmons provides an impressive service for asset managers looking to establish investment funds. The team offers expert advice for clients looking to set up open-ended funds and remains one of the top choices for London hedge fund managers. An excellent regulatory practice complements the firm's deep bench of specialists, comprehensive European reach and core focus on investment funds. The funds group is accomplished in a wide range of investment matters, from fund launches and structures, to portfolio management.

Burges Salmon provides services spanning the full life cycle of a fund. The team advises clients on cutting-edge or unique open-ended fund structuring mandates. It is best known for its work with authorised and retail funds, and it continues to provide expert regulatory advice. Burges Salmon also has a developing private funds practice, acting for private equity firms and portfolio companies.

Fieldfisher has a broad investment funds team that offers services across the gamut of regulated and unregulated fund formation and administration for alternative and traditional asset managers. The team has deep experience in bespoke fund structuring. Beyond the group's core expertise in retail and open-ended structures, it provides regulatory advice and services a large number of alternative fund managers. The Fieldfisher funds team also represents institutional investors in their negotiation and execution of potential investments.