Managed Funds

The Managed Funds practice group has extensive experience in the structuring and setting up of complex domestic and international funds, and in providing advice over a wide repertoire of investment strategies and asset classes, such as:

• Infrastructure funds
• Real estate funds
• Private equity funds
• Hedge funds
• Venture capital funds
• Technology funds
• Art funds

The team advises on all aspects of the structuring and operation of funds, from an Indian legal, regulatory and tax perspective, including:

• The structure and tax treatment of funds and special purpose vehicles;
• Setting up of fund vehicles and drafting of constituent fund documents, such as the private placement memorandum and subscription agreements;
• Setting up of the investment management/advisory vehicles and structuring management/advisory agreements and compensation arrangements with the fund; and
• Regulatory compliant and tax efficient structuring of distribution waterfalls, including performance profit distributions, such as carried interest and other incentive arrangements.

The team is also familiar with various legal, regulatory and tax requirements of international investors, such as the use of feeder funds, and has liaised with international counsel to effectively address country specific concerns, including the placement of securities

In addition, the team is well placed to provide advice on fund investment transactions, which enables us to provide close support to the fund, from the fund formation phase to its investments in portfolio companies. The Managed Funds practice group also advises on regulations affecting the investment management and advisory business.”